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

singles
Assets

Estate Planning Matters for Singles

If you don’t have a spouse and children, you might not think you need to do any estate planning—but that’s not the case.
prenup
401(k)

Does a Prenup Make Sense?

As you prepare for your wedding, have open conversations with your soon-to-be spouse about your financial goals.
probate
Administrators

Do You have to Go through Probate when Someone Dies?

At some point in your life, you may find yourself an administrator, a beneficiary or a creditor of a probate estate. You may even want this information for planning your own estate.
deed
Deed

Does an Unrecorded Deed Help or Hurt Estate Planning?

While discussing estate planning with my parents, they told me that an attorney prepared a deed for them but told them not to record it yet.
qtip
Assets

Do QTIP Trusts Help avoid Estate Taxes?

Right now, gifts to trusts can take advantage of high tax exemptions and remove future appreciation of assets from taxable estates. One example available to spouses is making a gift to a trust that allows for a qualified terminable interest property (QTIP) election.
to-dos
401(k)

What are Top ‘To-Dos’ in Estate Planning?

The biggest misconception people have about estate planning is that “they are not that old and can do it later,” say almost half (49%) of advisors in a recent Key Private Bank Advisor Poll on estate planning. Yet, the majority (73%) of advisors say the ideal age to start putting an estate plan in place is before 40—earlier than many people think.
elder law
Alzheimer’s Disease

What Is Elder Law?

Elder Law is made up of three major categories, which can be broken down further into deeper topics.
medicaid
Assisted Living

Can I Retain Some Assets and Still Be Eligible for Medicaid?

The bill for long-term care adds up fast. The annual median cost for a private room in a nursing home was $105,850 in 2020, according to Genworth. The government could pick up these costs if you qualify for Medicaid, but that’s easier said than done.
single
Charitable Donation

Do I Need an Estate Plan If I’m Single?

If you don’t have a spouse or children, you might think you don’t need to do much estate planning. However, if you have any assets, any familial connections, any interest in supporting charitable groups – not to mention a desire to control your own future – you do need to establish an estate plan.
annuity
Deferred Annuity

Should I Include an Annuity in Estate Planning?

Not all annuities are alike, and some may not be appropriate for you. How much do you know about these investment products?
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