Estate Planning Law Firm Serving Northern Virginia
Northern Virginia Estate Planning Attorney
Yes, You Can Afford Estate Planning—And You Can’t Afford to Avoid It
If you are looking for professional, high-quality estate planning services in Fairfax/Oakton, Virginia (Fairfax County), at a reasonable, fixed fee, it is time to call Northern Virginia Trusts & Estates. Our law firm provides quality estate planning services to families in Northern Virginia and can address your estate planning concerns in an effective, yet affordable manner.
Ensuring Your Most Precious Possessions are Protected
It can be unsettling to think not only about what will happen to your possessions after you pass away but about what will happen to what is most precious —your children. If you are younger, you may believe there is plenty of time in the future to address these concerns. If you are in your golden years, you may resist estate planning precisely because it reminds you there might not be plenty of time. For either of these situations—and many more— it is time you attend to the critical nature of estate planning.
Why Choose The Team at Northern Virginia Trust & Estates
Peace of Mind Comes with an Estate Plan
If discussing wills and estate planning makes you uncomfortable, consider the fact that not only is your peace of mind at stake, but your family’s future is also at stake. So, while nobody likes to think about estate planning, remember the old adage that the only certainties in life are death and taxes. The best way to plan for the one certainty—death—is to create a comprehensive estate plan. While the very term “estate plan” may bring to mind a complex set of documents that only the very rich require, in fact, every single person can benefit from some level of estate planning.
Benefits of Estate Planning in Virginia
In the absence of an estate plan, issues are resolved by courts and state law. If you prefer to decide the best choices for your family on your own, remember that state law is largely indifferent to your wishes and will distribute your assets regardless of those desires. Specifically, here’s how you will benefit from the creation of an estate plan:
Your wishes will be carried out as far as the distribution of your assets;
If you have a blended family, an estate plan is even more important;
If you want to leave money to a charity after your death, an estate plan is essential;
If you own a business, an estate plan can detail succession;
Estate taxes can be reduced, or even eliminated with a well-thought-out estate plan;
Should you decide on a trust, your privacy can be protected through the avoidance of probate;
Guardians will be designated for your minor children, and
You can name an executor you trust for your estate.
Why More Families in Northern Virginia and Fairfax County Choose Northern Virginia Trusts & Estates for all Their Estate Planning Needs
There are many reasons those who reside in the Northern Virginia and Fairfax County areas choose Northern Virginia Trusts & Estates for all their estate planning needs, no matter how large or how small. Some of these reasons include:
We NEVER bill by the hour, respecting the budget needs of our clients;
We will NEVER charge more than our advertised price, so you can put worries about cost aside, and,
We NEVER base our fees on the size of your estate.
Affordable Estate Planning Services In Virginia
Simple Wills are one of the most basic forms of Last Wills and Testament used to pass assets from one person to another. Preparing a Will not only lets you specify exactly where your assets should go, it also allows you to name the person or people you would like to use to manage the process (the Executor).
ESTATE PLANNING PACKAGE
Many of our clients need several estate planning documents. Our standard estate planning package includes: Will – a document that directs how your assets are to be distributed to your heirs and survivors, and names an executor who will be responsible for making sure it is honored. Power of Attorney – grants another person…
REVOCABLE LIVING TRUST
If you are considering a revocable living trust in Virginia as part of your overall estate planning, you can trust Northern Virginia Trusts & Estates to attend to your needs. A revocable living trust allows the assets you include in it to transfer to your heirs upon your death without going through the state’s probate process and delays.
What is a good age for estate planning?If you haven’t already started, right now is the best time for estate planning. Typically, as soon as you become an adult – even with few assets – you should begin your estate planning. As you grow and your life begins changing, you will have the groundwork set and can make adjustments as needed along the way.
What happens if I don't do any estate planning?If you don’t take action to protect your assets or protect your future care, decisions will be made based on what the state’s law and the courts say.
What is the difference between a will and estate planning?A will is simply a document. Estate planning can involve a collection of documents – including a will.
Isn't estate planning for the wealthy?There is a common misconception that estate planning is only for those who are wealthy, but that is simply not the case. Estate planning is important for everyone. It includes things about your finances, but also about your wishes as they pertain to mental and physical health.
Who can be your beneficiary?Your beneficiary can be anyone. And you can even leave a percentage of your estate to multiple beneficiaries as long as it adds up to 100%.