There are many myths about trusts including what they are for and who should use them. Most commonly, it is believed that trusts are only for wealthy individuals or families. This misconception results in too many people missing out on the many benefits of revocable trust planning including probate avoidance, privacy, and creditor protection for their beneficiaries. In addition to this myth, this post explores three Read More
An overlooked element of estate planning: Pet trusts
When people hear the term “pet trust,” they may think that it is not possible to create such a trust or that a pet trust is only for extremely wealthy people with very lucky pets. In reality, pet trusts do exist and they are an important tool for every pet owner for both incapacity and death planning. They exist because there is a need to address who will care for your pet if you cannot do so. A pet trust can Read More
What are the Benefits of Establishing a Trust?
When it comes to creating an estate plan in Virginia, there are many different options for how to distribute assets after your passing. One option that is growing in popularity is to establish a trust, which comes with many benefits both while a person is alive and for their beneficiaries after their death. If you are curious to learn more about the benefits of establishing a trust for your estate in the Read More
Why You Need an Experienced Estate Planning Attorney
With so many options out there today, many people wonder whether they need an experienced estate planning attorney to help draft or revise their will, power of attorney, and other important estate planning documents. However, many people do not realize how complex and intricate the area of estate planning law can be in Virginia and North Carolina, and one mistake can result in significant unintended consequences for Read More
Why New Parents Need an Estate Attorney
If you have just had a child, your life is extremely busy with changing diapers, feeding schedules, and figuring out how to be a new parent. However, something else worth considering after having your first child is creating an estate plan with an experienced attorney. Many people balk at the idea of considering their passing right after becoming a parent, but hiring an estate attorney as a new parent can be Read More
