Wills & Trusts
Planning for the distribution of your assets after your passing is crucial. Wills and Trusts are two essential legal documents that help you achieve this goal effectively. Here’s what you need to know about Wills and Trusts in Colonial Heights, VA, and surrounding areas.
A will is a legal document that outlines your wishes regarding the distribution of your assets and the care of any minor children upon your death. In Virginia , having a valid will ensures that your estate is distributed according to your desires and can help avoid disputes among your heirs.
A trust is a legal arrangement that allows a third party, known as a trustee, to hold assets on behalf of beneficiaries. Trusts can be used for various purposes, including asset protection, tax planning, and avoiding probate. In Virginia, seƫng up a trust can provide additional flexibility and control over how your assets are managed and distributed.
Creating wills and trusts in Virginia typically involves the following steps:
- Contact our office and speak with our experienced estate planning attorney, with over 30 years experience, to discuss your goals and options.
- Work with our attorney to draft and execute the necessary legal document, ensuring they comply with Virginia state laws.
- Regularly review and update your wills and trusts as needed to reflect changes in your circumstances or preferences.
If you need personalized guidance on wills and trusts, please contact our office.