If you don’t have a Will when you die, you die “intestate”, the opposite of “testate” meaning dying with a Will. Virginia statutes essentially write your Will if you don’t have one. Many types of assets pass to your beneficiaries outside of probate, whether you have a Will or not. Examples of these types ofcontinue reading…
6 Surprising Difficulties You May Face as an Executor of a Will
The legal process of probate can be very lengthy and time-consuming for an executor of a will, and there are likely more questions than answers that an executor may have about their new duties, especially initially. When a person passes, their estate must go through probate. Probate is the official proving and recording of acontinue reading…
Estate Planning 101
“… in this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin. Estate Planning. Maybe you have heard the term and maybe you haven’t. Either way, welcome to Estate Planning 101 – an overview of all things “Estate Planning”. An estate plan is usually thought of as a fewcontinue reading…
Estate Planning – When to Update Your Plan and Why
The Importance of Keeping Your Estate Plan Updated Life revolves around change. Your estate plan is no exception to this mantra. When you originally drafted your full estate plan (if you’ve already done it), you based it off of current law, your current living situation, and financial status. As time passes, your way of lifecontinue reading…
Getting Started On Your Will And Where To Keep Your Will
Getting Started on Your Will Click here to download our free 7 Steps to a Complete Estate Plan. In order to assist you with your estate planning, your estate planning attorney will collect information about your assets, your family, and your wishes. Every asset must be reviewed to determine how it is titled (do youcontinue reading…