When creating your Virginia estate plan, you have options, and different estate planning tools enable you to accomplish different estate planning objectives. Many people working on their estate plans choose to create wills, irrevocable trusts, or both along the way....
Injury, illness, age and various other factors may leave people unable to speak or to make decisions for themselves. When loved ones cannot care for themselves because of physical or mental incapacities, family members may consider asking the court to appoint...
Losing your loved one is a tragedy, but finances can add a hassle on top of it. Nevertheless, there are likely to be several complex requirements before the estate settles fully. Nobody wants to do these things, but someone has to. Depending on the situation, you...
Thinking about catastrophic injuries, life-altering illnesses and death can be uncomfortable or downright scary. Fear of these common life events often keeps individuals from planning for them. Still, with a comprehensive living will, you retain control of your health...
When building your estate plan, other people often play a large role. After all, you are making this plan for others, so they can benefit from your assets and finances after your death. But who are the most important and active figures in your estate plan?...
If you are your mother’s caregiver, it is natural for you to have concerns about nursing home abuse or neglect. Both of these are huge problems in caregiving facilities across the United States. However, it is also possible that if your mother is complaining about the...
An estate plan gives you a place to articulate your end-of-life wishes and describe what you would like your loved ones to do with your assets. Maintaining your plan is a continual process. Throughout your life, you may experience significant changes that may impact...
Having Medicare and Medicaid can be an ideal way to ensure you have maximum insurance coverage. However, Medicaid is an income-based service. You must qualify by coming in under income thresholds. When figuring your eligibility, the state will consider your assets...
An advance medical directive is a planning tool for future medical complications. The directive is a legal document that explains how you want others to handle your medical decisions when you cannot make those decisions yourself. Advance directives are not just for...
Lately, you do more and more to help take care of your retired parents. Is it time to consider seeking guardianship for your aging mother and father? Forbes breaks down scenarios in which adult children may want to look into guardianship. Learn when to step in without...
