Estate Planning

 

Considering your death or incapacity is never pleasant, but when you’re ready, so are we.  Estate planning includes identifying your beneficiaries when you pass away, and who should act in roles including executor, trustee, agent under a power of attorney and agent under a medical power of attorney.  We gather important financial information from you, including where your assets are held, and whether there are joint accounts or beneficiaries named on your accounts.  We can answer your questions about the probate process after you die and methods to avoid probate, such as with revocable living trusts.

We ask you questions that you may not have considered, such as:

 

  • If your named beneficiary predeceases you, who should receive their share?
  • If you have minor beneficiaries, do you want their funds held in trust?  At what ages should they receive distributions?  Who should be the trustee?
  • Have you made funeral arrangements, and who should be in charge of your funeral after your death?
  • Do your family or other important persons know where to find your important documents, including financial information?
  • Have you asked your named persons whether they are agreeable to serving as your executor, power of attorney, etc.?
  • What arrangements would you like to make for your pets?

 

 

 

300 E. 2nd Street

P.O. Box 808

Salem, Virginia 24153

540.389.6060