Some advice from your oldest daughter on incapacity planning …you must understand your revocable trust. For many individuals seeking comprehensive estate planning, a revocable living trust is one of the more powerful tools available to you to protect against the needless cost and time imposed by the probate process. However, while you might understand that revocable living trusts give you the ability to reduce or eliminate the necessity of probate, you might not realize that a revocable living … [Read more...] about Incapacity Planning in Virginia: The Role of Your Revocable Living Trust
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Critical Conversations- Power of Attorney
Here's an important piece of advice from me- Your Oldest Daughter (or sister in some cases :-)) Be Brave and Have the Critical Conversations Everyone knows in theory that they should plan early but having the conversation with someone you love to get at least a basic power of attorney in place is not exactly “light” or fun conversation. One of the hardest parts of working with families is being called when it’s too late to help. Often adult children will contact us wanting us to help an … [Read more...] about Critical Conversations- Power of Attorney
