When you think of estate planning, you probably think of drawing up a will. Decisions about the division and distribution of your assets are the common focus. You should also consider establishing both a power of attorney and medical power of attorney during the estate...
Power of attorney is a cornerstone of any complete estate plan. Power of attorney allows another person to manage your finances (and potentially other legal matters) in the event that illness or injury incapacitates you. When creating a power of attorney document, you will need...
The reassurance of having someone you trust to help make important decisions on your behalf following your incapacitation can relieve a lot of pressure as you age. However, there is no guarantee that whomever you select as your power of attorney will perform with integrity...
While it can be unpleasant to think about the end of your life, doing so is an essential part of the estate planning process. Along with deciding how you would like your assets to be handled after you are gone, you must also consider the...
When developing a robust estate plan, people in Virginia may consider developing more than just a will or a trust. These documents, while important, may not offer all of the assistance needed down the road. A durable power of attorney may complement a will, trust...
Many people in Virginia associate estate planning tools like wills and trusts with people at older stages of their lives. However, the reality of the matter is that even a person in their 20s or 30s can benefit from some form of estate planning. At...
Various reasons may lead people to want to create a power of attorney, such as when planning an estate or when preparing to become hospitalized. There are several legal steps that you need to satisfy when establishing a power of attorney in Virginia. You have...
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