Some of the largest legal battles arise from not preparing your assets and estate. Preparing for how you would like your assets to be passed after your death can minimize family fights.
Without an estate plan, your assets will be disseminated based on Virginia law. It is important to understand your options when it comes to passing along your legacy to your family and loved ones.
Our firm prides itself in helping our clients identify the best option for their specific circumstances. Taking the time to make these sometimes-difficult choices is one of the best gifts you can make to your family and loved ones. Our team is ready to assist you with any of the following:
Will: A Last Will & Testament is a simple estate practice that allows you to decide how your estate will be transferred and administered. It allows you to give gifts, name guardians for minor children, minimize estate tax implications, and avoid lengthy probate processes.
Trusts: A trust is a great way to protect your assets and allows you to manage beneficiaries’ spending, protect your assets from creditors, or provide structured income for your spouse or children.
Power of Attorney: A power of attorney is a legal document that allows someone else to be your agent and make decisions about medical, financial, or property matters on your behalf.
There are several types of power of attorneys: durable (lasts when you may be incompetent or incapacitated), specific (only used for a specific purpose), or general. Our team is experienced in drafting the best power of attorney for your specific needs.
Contact our team today to discuss your estate planning needs!