You know by now that it’s incredibly important to create an estate plan to be executed in the event that you pass away unexpectedly. This has been a best practice, honed and perfected, by estate planning attorney (like us) for…
Giving Tuesday, the first Tuesday after Thanksgiving on which thousands of Virginians give to a worthy cause that is meaningful to them, is coming up Tuesday, December 1, 2020. Additionally, as the end of the year approaches and the holiday…
October is National Financial Planning Month. As you and take steps this month to organize your finances, budget, prioritize your goals, and make new investments, it only makes sense to also think about who you’ll pass your estate onto after…
It’s always been important to have an Advance Healthcare Directive. This legal document, also known as an Advance Medical Directive, details whether or not you would want potentially life-saving healthcare measures taken if you were to become too sick or…
According to Forbes, nearly half of Americans age 55 and older don’t have a will, even though they agree that having one is important. This is very troubling, especially with more baby boomers reaching senior citizen status, as dying intestate…
It’s a topic that no parent wants to think about, but avoiding it can lead to disaster. Who would care for your minor children if you and your spouse were to pass away? What would happen if you became disabled…
Because estate planning and financial planning are both related to your finances, some Virginia residents get the two types of services mixed up. They are unsure if they need an estate planner, a financial planner, or both. The answer is…
Many people think that estate planning and drafting a will is a morbid experience. In fact, according to Forbes, about half of American adults 55 or older don’t have a will. But what happens if you die and you haven’t…
So, you finally got around to having a will drawn up—congratulations on taking an important first step in the estate planning process! Although there are some people for whom a will can comprise the entirety of their estate plan, there…
Many working Americans have contributed to tax-deferred 401(k)s and IRAs for decades. These retirement accounts provide income once they can no longer work. While these accounts grow interest-free, you must pay income tax on any money you withdraw during retirement. …