If you are young, in college and do not have any children, then you may think estate planning is something you can wait to do, but the truth is anyone over the age of 18 should have an estate plan. Of course, your needs at age 20 will be different than the needs of...
Until life forces an issue, sometimes planning for unforeseen events is not really on your mind. But waiting until you actually require a durable power of attorney may mean not having it at a crucial moment. This could disrupt your assets; for example, you may lose...
An important part of estate planning is naming heirs who will receive an inheritance from you. While you can use a will to name your heirs to your estate, you might want to avoid probate if possible. By filing out a beneficiary designation on your pensions, like your...
If your parents have reached the age and state of health where moving to a nursing home is a definite future possibility, you and they need to start planning for this eventuality now. Why? Because unless your parents are quite wealthy and can afford to pay for...
Virginia residents like you who already have an estate plan may still have questions. Should you ever update it? If so, when is the right time? Today we will take a careful look into estate plan updates to answer these questions. Forbes discusses when to update an...
You may attempt to employ legitimate tax avoidance strategies when managing your income, yet when it comes to mapping out your estate plans, you may have already resigned yourself to the inevitably of having the assets you leave behind for your beneficiaries taxed....
Long-term care planning is important for everyone in Virginia, and those who have served in the U.S. Armed Forces are no exception. Military service members may be eligible for options that other people in the U.S. do not have, though. When preparing to apply for...
If you are a Virginia senior citizen or if your parents fall into this age demographic, you may wish to seek out the advice and counsel of an experienced elder law attorney. Why? Because (s)he is the person who can help you or your parents wend your ways through the...
Lying and manipulating other people are unethical behaviors. They are also against the law. Fraud is the formal legal term for when one person tricks, manipulates or lies to another. People engage in fraud for reasons that range from financial to personal gain....
