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Estate Planning Blog Articles


Serving Clients in Woodbridge, Prince William county, and throughout Virginia
as well as in maryland, west virginia, and the district of columbia

transfer your house
Elder Care

Is Transferring Your House to Your Children a Good Idea?

Adding an adult child to your house deed, or giving them the home outright, might seem like a smart thing to do. It usually isn’t.
last will
Beneficiary Designations. Testamentary

The Importance of a Will

There’s much to plan for in life—college, your wedding, your first child, life insurance—and with more than enough to keep you busy, it’s easy to forget about your will.
legacy planning
Durable Power of Attorney for Health Care

What Does Legacy Planning Mean?

To ensure a lasting legacy, you need to get your documents in order and have a clear plan for how your wealth will transfer, avoiding taxes and inheritor pitfalls along the way.
estate plan
Divorce

No Time Like the Present Pandemic to Get the Estate Plan Going

There’s nothing like a once-in-a-lifetime global pandemic to focus one’s thinking. This year has been one for the books.
personal representative
Estate Planning

How Does Court Choose an Executor if a Will Isn’t Available?

An essential part of estate planning is selecting someone to represent you after your death in the management of your estate. This personal representative is also known as an executor, or executrix, if you choose a woman as your personal representative.
home ownership
Capital Gains

Home Ownership and Medicaid Can Be Problem

Many people work hard to acquire real estate and then later find that that real estate makes them ineligible for Medicaid to help pay for nursing home or in-home, long-term care.
military retiree
Legislation

What are the New Fees for Tricare for Vets?

Defense health officials are encouraging the hundreds of thousands of military retirees who will have to start paying enrollment fees for their Tricare Select health care coverage as of Jan. 1 to take action now to set up their payment process.
funding your trust
Beneficiaries

The Biggest Mistake in Trusts: Funding

Your real estate holdings, life insurance, bank accounts and retirement savings won’t magically flow into your trust.
estate planning trusts
Asset Protection

What Trusts are Available for Estate Planning?

Trusts are an essential part of most estate plans, even the plans of people with moderate wealth. You need to know the basics of trusts, especially the key terms and concepts of the most widely-used types of trusts.
beneficiary
401(k)s

Retirement Account Beneficiary Choices and Your Estate

It is surprisingly easy and common to make mistakes when designating beneficiaries on retirement and investment accounts.
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