A will allows someone to decide what happens with their property after they die. They can choose specific people to inherit certain resources from their estate. Those with minor children can also name a guardian to assume their parental responsibilities if they die...
Estate Planning
What do I do after my spouse passes?
We know that losing a partner in life is devastating. There is just no way around it. But, if we plan for this eventuality now, couples can avoid increasing the amount of emotional turmoil when this happens. After all, it is highly unlikely we will both die at the...
How is a will impacted if the testator gets divorced in Virginia?
Estate planning is an important step for Virginia residents who want to ensure their loved ones are taken care of and their property goes where they want it to go after death. A common and relatively simple way to do this is to create a will. Often, people write their...
Are there estate planning considerations for those with ADHD?
For those with attention deficit hyperactivity disorder, or ADHD, they have likely been fighting it for their entire lives. Indeed, many are diagnosed in elementary and begin medication immediately. Unfortunately, even with medication, there may be some issues that...
Why it is important to have a health care power of attorney
There are many different healthcare decisions that people in Virginia need to make during their lives. People will generally speak with medical professionals to determine what may be wrong and potential treatment plans before making the decisions, but ultimately the...
Estate planning when you don’t have kids
Estate planning is a deeply personal process that touches just about every aspect of one’s life. For most families, a lot of the process centers around setting up one’s children and helping the next generation have a better life. However, for those families that do...
Revoking a power of attorney is possible but complicated
Though many Virginia residents equate estate planning with simply creating a will, it covers more than that. In some unfortunate circumstances, an individual may be alive but unable to make decisions for their own benefit. Whether someone is incapacitated due to a car...
Intestacy laws in Virginia
Intestacy is a term that most Richmond residents have likely never heard, but it is an important concept that can impact the distribution of their end-of-life estates when they die. When a person dies without a will or estate plan, they are said to have died...
What are some estate planning issues to avoid?
During our current crazy economic environment, estate planning has increasingly become a hot topic. However, even after one completes their estate plan, there still may be post-estate planning pitfalls that Virginians face. Inappropriate investment strategies Estate...
I just turned 18, do I need a will?
This year has been, in a word, “crazy.” And, this craziness and uncertainty has made many young people begin questioning whether they need to start estate planning or draft a will. Do 18-year-olds need a will? As a general rule, whether a young person needs a Last...