When it comes to managing your assets and ensuring a smooth transfer of property after your passing, understanding probate is important. Probate is the legal process through which a deceased person distributes assets to their heirs. In Virginia, as in many other...
Month: January 2024
Understanding how revocable and irrevocable trusts work
Creating a trust provides you with a place to put your assets so you can convey them to one or more persons or an organization such as a charity. However, your trust should offer you the kind of protection and benefits you hope for. You will need to decide whether you...
6 situations that require you to adjust your estate plan
A study from CNBC found that 33% of Americans have a current estate plan. These documents are important for securing your family's financial future. However, life is unpredictable, and situations change. You revisit and update your estate plan under certain...
