Requirements of Making a Will in Virginia
The requirements for an individual to make a Will in Virginia are very straight-forward: you must be 18 years of age and of sound mind. The age requirement is self-explanatory. But what does “of sound mind” mean?
How Often Should My Estate Plan be Reviewed in Virginia?
Although there are no set rules or requirements about when to review your estate plan, it is important to understand that estate planning is a lifelong process.
Why is a Will Necessary in Virginia?
The importance of a Last Will and Testament (Will) cannot be overemphasized. A Will is a legal document by which an individual expresses his intention for named beneficiaries to receive assets following death.
What Are the Duties of a Trustee?
A Trustee is the legal name for a person or entity designated in a Will or trust document to hold legal title to the trust property and to administer it for the benefit of the trust beneficiaries according to the specified purposes of the document.
When Should I Begin Thinking About a Will?
Would you believe that the best time to begin thinking about having a Last Will and Testament (“Will”) in place is as you approach age 18?
Can I Contest a Will in Virginia?
In Virginia, there are applicable statutes of limitation that could bar a Will contest if it is not filed timely once a Will is admitted for probate.
Properly Funding Your Trust
You have taken the first step in planning for your future by executing a revocable living trust; but you are not finished.
Planning for a Child Who is Disabled or has other Special Needs
Many individuals who are disabled, whether born with a disability or disabled at some point during their lifetime, will apply for and be deemed eligible to receive certain government benefits.
Importance of a Will
A Last Will and Testament (“Will”) generally “speaks at death” for the distribution of what an individual owns at the time of death. It is a signed, written document in which an adult directs distribution of his or her property to designated beneficiaries.