Whether you are single, a couple with or without children, or a senior, it is always a good idea to have an estate plan in place. Even those with modest means should have a will to ensure their assets are distributed to their loved ones in the manner they desire.
I have helped families who have had loved ones pass without a will. This causes the family to have to go to court for appointment of a personal representative and can cause delays in distribution of the estate.
For most, a will is all that is needed. Oftentimes people’s home(s) and bank account(s) are their most significant assets. Transferring these to your heirs can be accomplished with a will. Those who own small businesses, have significant assets, or who wish to transfer assets over a time to children may need a more comprehensive estate plan. Sometimes the best option for them is to establish a trust.
Whether you have a modest estate, own a business, or have significant assets, I can help design an estate plan that works for your needs. My Fredericksburg, Virginia office provides estate planning services across Spotsylvania County. Contact the Law Offices of Victoria Stoner, PLLC for help with all your estate planning needs.