Life Insurance


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

girlfriend
401(k)

Will the Girlfriend Get the Life Insurance or the Wife?

My boyfriend and I have lived together for 13 years but he is still officially married to another woman. He has a life insurance policy and I’m the beneficiary, and I’m also the beneficiary of his 401(k). Do we need a will and do I have to worry about his wife getting the money?
mortgage
Elder Law

What Happens to My Mortgage When I Die?

Understanding what happens to your debt when you die is an important part of estate planning—and you don’t have to be rich to have an estate. Everything you own and owe makes up your estate. For many people, that includes a house with a mortgage.
special needs
Beneficiary

How Do Special Needs Trusts Work?

Trusts give parents of special-needs children additional options for extending care and financial assistance. However, you might need some expert help.
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.
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.
probate
401(k)

Do You Have to Do Probate when Someone Dies?

For most of us, the first time we ever thought about probating a will is when someone in our family has died. So, what does it mean to probate a will?
QTIP
Blended Family

Will a QTIP Trust Work for a Blended Family?

A popular technique is to use a qualified terminable interest property (QTIP) trust.
a will
401(k)

What is not Covered by a Will?

While a will is one of the most important estate planning documents you can have, there are things that a will won’t cover.
young families
401(k)

Should Young Families have an Estate Plan?

Putting your last wishes on paper is critical to ensuring your family is taken care of when you die.
beneficiary designations
401(k)

Why are Beneficiary Designations Important in Estate Planning?

Vanguard has sent me a beneficiary designation verification letter. For the primary beneficiary, it says it will be the person I am married to at the time of my death. For the secondary beneficiary, it says, my descendants “per stirpes.” I have one child. Should the beneficiary designation include his name?
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