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Estate planning allows you to prepare for the future and help ensure the carrying out of your affairs to your wishes. Part of that is planning for your loved ones to receive assets that may enable them to do certain things like go to college or purchase a home of...
A properly drafted estate plan, which includes your will, and often a trust, can protect both you and your loved ones' future and ensure your wishes concerning the distribution of your assets at death are realized. Therefore, a critical part of your estate plan...
Most people have a basic idea of what a will is and what it does. However, myths about the topic persist. These are three of the most common myths about wills. 1. Only senior citizens and sick people need wills While everyone hopes they will not need a will until they...
When you agreed to become an executor, you may not have understood everything the role requires. Perhaps you even worry about making mistakes. Learning about the key roles of an executor may help you build confidence in acting as one. Here are five tips to help you...
When you are going through the work of sitting down with your attorney and crafting your estate plan, there are a lot of decisions to make. It can be challenging to figure out how to divide your assets among all of your children and other loved ones in a fair way. One...
Helena S. Mock, Esq. Estate Planning is a complex area of the law because it deals with so many different issues, from asset protection to taxation and almost everything in between. There are a variety of different legal strategies and tools that have been developed...
Teresa Clemons Office Manager My parents are 86 years old, live in a wonderful community here in Williamsburg and are still quite active.When they moved here over 10 years ago, the plan was that I would be near by to take care of them as needed, and when they could no...
Congress recently passed the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which is intended to alleviate some of the economic hardship which the outbreak of COVID-19 has inflicted on the nation. This Act provides many examples of relief, not only to...
Helena S. Mock, Esq. Tolerations are the little annoyances we put up with on a daily basis. They are the things in our work and home lives, relationships, health, and finances that we simply accept because it would be too difficult, or too painful, or just take too...
Leslie Salvo Paralegal As we attempt to adapt to our “brave new world” with COVID-19 at the center of our attention, let’s not forget to be vigilant for those individuals who are always ready to take advantage of a bad situation. Regrettably, there are people using...