Many people are used to receiving care from their parents and may have a hard time envisioning a day when their parents will need care. However, some senior citizens may be unable to take care of themselves as they age. In this situation, it is...
One of the advantages of creating a will is that this document can adapt as your life circumstances change. Even if you are not yet completely sure how you want your assets divided upon your death, creating a will gives you peace of mind that...
Some people who suffer incapacitation are no longer able to make important financial and other life decisions. When this happens, a court may appoint a conservator to manage the estate of the disabled person. While conservators exercise power over an estate, they are not given...
A holographic will is one that the testator writes out by hand. Over half of the states in the country, including Virginia, recognize the validity of a holographic will. Eleven states do not recognize holographic wills at all, while nine states recognize them only in...
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...
If your parent or another loved one is no longer able to manage his or her affairs, a guardianship may be the best choice for your family. With this arrangement, the appointed guardian can make decisions about where the person will live, the medical care...
For older adults, various daily stressors can get in the way of estate planning. For example, some may be dealing with a lot of stress and financial uncertainty as a result of their retirement, or they may be working through a health issue that drains...
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