When a loved one passes away, someone must handle the duties of administering the decedent's estate. The procedure in Virginia differs from other states. Understanding the local probate process can make the difference between drawn-out or efficient proceedings. The...
Is your estate plan comprehensive enough?
You may believe that a will is the only element you need to prepare your family for your death. This, however, is not the case. Other documents make up a comprehensive estate plan that makes things easier for your family after your death but for you beforehand. Estate...
Writing a will adds value to your estate plan
Writing a will is an excellent way to begin planning your estate. Your family members can reference your will for guidance when they close your estate. This formal legal document provides you with a place to name beneficiaries and clarify your final wishes. If updated...
Evaluating the advantages of a special needs trust
If you have a family member who struggles with a disability, you could have a number of different issues to confront on a regular basis. From providing care to dealing with concerns about their future, these situations can generate stress, anxiety and uncertainty. It...
Understanding the probate process when there is a will
Probate refers to the administration and distribution of a decedent's estate. The will outlines who gets which assets, and there is a process by which this occurs. The person who administers the estate is the executor, and this individual has numerous duties to...
