by manassaslaw | Aug 13, 2020 | Estate Planning
So, John and Mary have spent a good part of their working lives accumulating some property and investments that they wish to pass on to their three adult children. The three adult children are: Sally Jerry and Bobby. John and Mary love them all and they are good kids....
by manassaslaw | Jun 15, 2020 | Estate Planning
What is a probate attorney, and do you need one in Virginia? If you’ve ever lost a loved one, you’ve probably been through the probate process. Probate is a formal legal process that recognizes whether a will is valid and appoints an executor. This executor...
by manassaslaw | Jul 11, 2019 | Estate Planning
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...
by manassaslaw | May 15, 2019 | Estate Planning, Family Law
When a person wants another person to handle their affairs—pay bills, manage investments, direct medical care–they create power of attorney documents. What Is A “Durable” Power of Attorney?—A Virginia Estate Planning Attorney Explains A durable power of attorney...
by manassaslaw | Jan 17, 2019 | Estate Planning
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...
by manassaslaw | Oct 4, 2018 | Estate Planning
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...