Estate Planning Attorney, Northern VA
Our firm has been providing estate planning counseling to the residents of Loudoun and Fairfax County for seven years. By far the biggest problem we have seen is procrastination. We all want to think that we will do our estate planning tomorrow, or next year. However the truth is as Benjamin Franklin wrote in 1789, “In this world nothing can be said to be certain, except death and taxes.”
Estate planning is an act of love. This new year, make a promise to yourself and your family that you will create a legal plan to protect your family and your assets before experiencing disability or unexpected death.
A good estate plan will maximize the assets passing to your loved ones by reducing the amount of federal estate taxes that may be due. A good estate plan can protect your financial assets from future creditors' claims, divorce proceedings, or poor financial management by young or inexperienced family members. A good estate plan is particularly crucial if you have young children and/or if you are in a second marriage.
Advance medical directive also known as the advance healthcare directive allows you to give specific instruction regarding the cource of medical care to be followed in case of your incapacitation. You also have the option of appointing an agent on your behalf through the advance medical directive in Virginia to take such medical related decicions on your behalf but only in case when you cannot do so on your own.
In conclusion, trust and estate planning is necessary for us all, it is not just for the elderly or the wealthy. It is easier than you think. Call to make your complimentary and confidential consultation today: 703-443-1455.