Virginia Inheritance Laws

Virginia Inheritance Laws

When a person who owns property and other assets dies without a will, a Virginia intestate succession probate will determine who is entitled to the decedent’s estate. Virginia inheritance laws can be complicated. Virginia’s intestate succession laws provide a specific...
What is a Trust in Virginia?

What is a Trust in Virginia?

My friends say I need a Trust, is this true? Who Needs a Trust? Many clients come in for a consult about estate planning and say they have heard that a Trust is necessary. We advise that a trust may, or may not be necessary, depending on a number of factors including...
Beneficiary Designation Form

Beneficiary Designation Form

RETIREMENT ACCOUNTS and Beneficiary Designations Some of the costliest estate planning mistakes involve retirement accounts. Contrary to popular belief, IRAs and 401K’s are not normally covered by a will. Beneficiary Designation Form Instead upon the death of...
Beneficiary Designations vs. Wills

Beneficiary Designations vs. Wills

A husband and Wife have just signed their Wills. They naturally have every expectation that the language in their Wills is controlling as to what happens to their property when they die; However, if the Will preparer has not become familiar with how the couple own...
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