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Helping Senior Parents With Their Will

Helping Senior Parents with Their Will

  • August 14, 2020
  • Northern Virginia Trusts & Estates

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…

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What To Consider When Appointing Guardianship For Your Minor Children

What to Consider When Appointing Guardianship for Your Minor Children

  • July 8, 2020
  • Northern Virginia Trusts & Estates

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…

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Do I Need An Estate Planner, A Financial Planner, Or Both?

Do I Need an Estate Planner, a Financial Planner, Or Both?

  • June 11, 2020
  • Northern Virginia Trusts & Estates

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…

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What Happens When You Die Intestate (Without A Will)?

What Happens When You Die Intestate (Without a Will)?

  • May 7, 2020
  • Northern Virginia Trusts & Estates

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…

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What Doesn’t Your Will Do For You?

What Doesn’t Your Will Do for You?

  • March 17, 2020
  • Northern Virginia Trusts & Estates

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…

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Charitable Giving From IRAs Under The Tax Relief Act

Charitable Giving From IRAs Under the Tax Relief Act

  • February 29, 2020
  • Northern Virginia Trusts & Estates

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. …

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Rules On Required Minimum Distributions For Inherited IRA Beneficiaries

Rules on Required Minimum Distributions for Inherited IRA Beneficiaries

  • December 30, 2019
  • Northern Virginia Trusts & Estates

Suppose a loved one dies, and you find that you are the beneficiary of his or her IRA. Your assumption could be that you have received an inheritance that is tax-free—just like the proceeds from a life insurance policy. In…

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Did You Miss National Estate Planning Month?

Did You Miss National Estate Planning Month?

  • October 30, 2019
  • Northern Virginia Trusts & Estates

If you missed it, October was National Estate Planning Month. Why? Because more than half of all adults in the U.S. don’t have an estate plan—or even a will—it is certain that estate planning is an often-overlooked component for financial…

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Who Is ABLE Eligible In Northern Virginia?

Who is ABLE Eligible in Northern Virginia?

  • September 7, 2019
  • Northern Virginia Trusts & Estates

According to the CDC, one in four Americans currently lives with a disability. This equals more than 60 million Americans who live with a disability that impacts major life activities. Of all the disabilities, the most common type is a…

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How Can I Avoid Probate In Virginia?

How Can I Avoid Probate in Virginia?

  • August 16, 2019
  • Northern Virginia Trusts & Estates

While many clients may believe that it is impossible to completely avoid probate in Virginia, the truth is that there are a couple of ways to get around the process legally.  In fact, these methods can be used to greatly…

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At the intersection of Rt 123 and Jermantown Rd in Oakton
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