May I Change an Irrevocable Trust
Irrevocable Trust Agreements are generally established by individuals seeking to transfer assets out of their individual names and to ownership by an Irrevocable Trust for a myriad of reasons.
What Happens if you Die Without a Will in Virginia?
People often avoid drafting a last will and testament and simply assume the Commonwealth of Virginia will properly divide up what they own. This is a mistake that can lead to unintended results.
Establishing A Trust Within a Will
Testamentary trusts provide an efficient means for distribution of assets to intended beneficiaries while also providing control over the distribution to ensure the best interests of the beneficiaries are protected.
The Differences Between a General Durable Power of Attorney and a Conservatorship
There are several differences between a Power of Attorney and a Conservatorship. Understand the key differences, and ensure that you are making the right choice.
The Differences Between a Trust and a Last Will and Testament
A will is governed by probate law. A trust is governed by contract law. Each document has its advantages and disadvantages.
Problems with DIY Estate Planning
It may appear to be cheaper to draft your own estate planning documents, but mistakes in those documents could be very costly to your heirs and have unintended results.
Preparing for Estate Planning
Every individual, regardless of their financial worth, should have a proper estate plan. Careful thought should be given to entering into the necessary documents.
Five Estate Planning Mistakes to Avoid
Estate planning is sometimes the last thing on your mind, but taking time to consider what will happen to you and your assets in the event of your disability or death is essential.
What Are Your Rights as the Surviving Heir to an Estate?
After the death of a family member, their heirs may have many questions about their rights. Several factors influence these rights but it is important to understand your legal position.