Estate Planning Law Firm in Northern VA & Shenandoah Valley - McCarthy & Akers, PLC

Category: Blog

March 15, 2024
What Happens if You Die Without a Will in Virginia?

No one likes to think about death. But for a moment, imagine passing away unexpectedly. What happens to your assets, your savings, and the cherished possessions you've accumulated throughout your life? If you don't have a will, the answer might surprise you. In Virginia, the state takes control of distributing your assets according to their […]

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February 15, 2024
How to Amend a Revocable Trust in Virginia

Choosing a revocable trust due to its flexibility and privacy offers significant advantages in estate planning. It enables effective management of your assets throughout your lifetime and ensures they are distributed according to your wishes after your passing. However, life's inevitable changes, from personal milestones to evolving personal circumstances, may prompt the need to update […]

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January 15, 2024
5 Estate Planning Myths in Virginia: Debunking Common Misconceptions

Have you been procrastinating on creating an estate plan because you believe some common myths about estate planning? If so, you’re not alone. Many Virginia residents put off this important task thinking an estate plan is too expensive, only for the wealthy, or not necessary if their situation is simple. However, an estate plan is […]

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December 15, 2023
Understanding the Role of Power of Attorney for Real Estate Closing in Virginia

Buying real estate can be an exciting time for anyone. But, it can also be a stressful and lengthy process, especially if you’re unable to attend the closing in person. Fortunately, there’s a solution –  a power of attorney can be appointed to represent you. However, it’s important to understand the role of the power […]

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November 15, 2023
Avoid These 7 Common Mistakes If You Need a Trust in Virginia

Planning for the future and safeguarding your family's financial well-being is no small feat, especially when you need a trust in Virginia. As we've discussed in our previous blog, while trusts are an effective estate planning tool, they require thoughtful consideration and precise execution to serve their intended purpose. Yet, mistakes can be surprisingly easy […]

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October 15, 2023
A Closer Look at the Probate Process in Virginia

In our previous blog, we touched briefly on the probate process. Given its role in the disposition of assets after one's passing, it's crucial to take a closer look. The probate process is something many people may have heard of but don't fully understand. It's a legal process that deals with administering a deceased person's […]

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September 15, 2023
Winchester Estate Planning Attorneys Explain the Differences Between Trusts and Wills

Establishing an estate plan is among the most significant steps you can take for your future. It's a strategic move to protect your hard-earned assets, ensuring you and your loved ones benefit from them. To help with this goal, two of the most prominent estate planning tools at your disposal are trusts and wills. While […]

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August 15, 2023
Understanding the Role of a Virginia Real Estate Attorney in Your Winchester Property Transaction

Investing in real estate can be one of the most significant and expensive decisions you make – not to mention one of the most stressful. Whether buying or selling a property, it's always a complex process that requires several steps, including drafting contracts, negotiations, conducting due diligence, and handling the settlement or closing process. These […]

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July 15, 2023
What You Need to Know About Virginia Inheritance Law

It's not uncommon for people to delay creating a will, often unaware of the potential consequences that can arise. Unfortunately, life can be unpredictable, and failing to plan ahead can leave you and your family vulnerable to unintended outcomes. Many Virginia residents are surprised to learn that strict inheritance laws are in place. If you […]

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June 15, 2023
What Are the Basic Estate Administrator Duties in Virginia?

Stepping into the role of executor for a loved one's estate often comes at a time of deep personal grief. With the responsibilities of closing accounts, settling debts, and distributing assets to beneficiaries, the complexities of estate administration may initially seem overwhelming. Understanding your estate administrator duties can transform this challenging task into a meaningful […]

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March 15, 2024
What Happens if You Die Without a Will in Virginia?
No one likes to think about death. But for a moment, imagine passing away unexpectedly. What happens to your assets, your savings, and the cherished possessions you've accumulated throughout your life? If you don't have a will, the answer might surprise you.
February 15, 2024
How to Amend a Revocable Trust in Virginia
Choosing a revocable trust due to its flexibility and privacy offers significant advantages in estate planning. It enables effective management of your assets throughout your lifetime and ensures they are distributed according to your wishes after your
January 15, 2024
5 Estate Planning Myths in Virginia: Debunking Common Misconceptions
Have you been procrastinating on creating an estate plan because you believe some common myths about estate planning? If so, you’re not alone. Many Virginia residents put off this important task thinking an estate plan is too expensive, only for the
December 15, 2023
Understanding the Role of Power of Attorney for Real Estate Closing in Virginia
Buying real estate can be an exciting time for anyone. But, it can also be a stressful and lengthy process, especially if you’re unable to attend the closing in person. Fortunately, there’s a solution –  a power of attorney can be appointed to
November 15, 2023
Avoid These 7 Common Mistakes If You Need a Trust in Virginia
Planning for the future and safeguarding your family's financial well-being is no small feat, especially when you need a trust in Virginia. As we've discussed in our previous blog, while trusts are an effective estate planning tool, they require thoughtful
October 15, 2023
A Closer Look at the Probate Process in Virginia
In our previous blog, we touched briefly on the probate process. Given its role in the disposition of assets after one's passing, it's crucial to take a closer look. The probate process is something many people may have heard of but don't fully understand.
September 15, 2023
Winchester Estate Planning Attorneys Explain the Differences Between Trusts and Wills
Establishing an estate plan is among the most significant steps you can take for your future. It's a strategic move to protect your hard-earned assets, ensuring you and your loved ones benefit from them. To help with this goal, two of the most prominent
August 15, 2023
Understanding the Role of a Virginia Real Estate Attorney in Your Winchester Property Transaction
Investing in real estate can be one of the most significant and expensive decisions you make – not to mention one of the most stressful. Whether buying or selling a property, it's always a complex process that requires several steps, including drafting
July 15, 2023
What You Need to Know About Virginia Inheritance Law
It's not uncommon for people to delay creating a will, often unaware of the potential consequences that can arise. Unfortunately, life can be unpredictable, and failing to plan ahead can leave you and your family vulnerable to unintended outcomes. Many
June 15, 2023
What Are the Basic Estate Administrator Duties in Virginia?
Stepping into the role of executor for a loved one's estate often comes at a time of deep personal grief. With the responsibilities of closing accounts, settling debts, and distributing assets to beneficiaries, the complexities of estate administration may
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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for advice regarding your individual situation. Contacting us does not create an attorney-client relationship.

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