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4 Big Reasons Why You Need a Will or Trust

Having a Will or Trust is extraordinarily important. Here are 4 important reasons why.

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Topics: Estate Planning

Estate Planning: Understanding Virginia Laws

Estate planning deals with both unavoidable annoyances of life, death and taxes. Moreover, as you will be doing both at some point, you should be fully aware of the basic laws regarding estate planning. In Virginia statutes establish guidelines for drafting wills, living wills, medical directives, power of attorneys,and probate. If you are planning an estate, consider contacting a Virginia Estate Planning Attorney.

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Topics: Estate Planning

Creating an Estate Plan

In an age of do-it-yourself legal services, it can be tempting to try and handle common legal matters ourselves, especially in a recession. When it comes to wills and probate issues, this can be a big mistake. After all, the cheapest option isn't always best. Would you want to jump out of a plane with a discount parachute?

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Topics: Estate Planning

A Beneficiary VS a Bequest

When preparing a will, life insurance policy, or retirement account, you designate an individual or organization, known as the beneficiary, to receive the benefits or proceeds when you pass away. A bequest is a gift of your personal property upon your passing to a person or entity by means of a will or trust.

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Topics: Estate Planning

     

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