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When you start planning your estate, one of the first things many people do is write up their will. This legal document can help detail how your assets will be distributed to beneficiaries after you die. A will isn’t just about asset distribution but could decide the...
Having a duly written last will can give you peace of mind knowing that your hard-earned wealth shall pass on to your designated heirs upon your demise. On the other hand, a will that is poorly created can be a subject of dispute. Will contestation is a formal...
Your divorce will affect where you live, how soon you can retire and even your social circle. Many people become so focused on addressing the immediate impact of their separation from their spouse that they don't consider what their divorce will mean for their estate...
Estate planning is a highly personal process. Your wishes likely reflect not just your personal experience and values but also your closest relationships. Some people may have limited assets and will only need a last will, while others may need other documents, like a...
Elizabeth Ross, law partner at BSGR, discusses the process and importance of estate planning and making a will with Librarian Alice Zent from Loudoun County Public Library. She also talks about her participation in the Wills for Heroes program in Loudoun County. Wills...
The Virginia legislature has passed new laws which impact estate planning for married people. The “elective share” statute provides a spouse with a share of the other spouse’s estate upon his death; it is a right descended from common law, which has existed for...