Will and Trust Attorneys in Winchester, VA
Plan for Your Future.
Crafting your estate plan starts by performing a comprehensive review of your current life situation. This allows us to give you the best possible estate planning strategies and tools so that we can tailor a solution made for you.
FAQs for Will and Trust Attorneys in Winchester
What is a will? What does it do / not do?
Why should I have a will?
When should I get a will?
If you are married, have children, or have a positive net worth (assets exceeding $100,000), it’s almost always easier on your family to have a will or trust in place.
What happens if I die without a will?
While intestacy laws vary, in general, each state’s laws provide a list of the decedent’s next of kin in the order while they will receive a portion of the estate. This process typically goes: spouse, children, parents (in the event the individual is single and childless), siblings.
What is a "living will"?
How do I get a will?
- Decide what property to include in your will.
- Determine who will inherit your property.
- Choose an executor to handle your estate.
- Choose a guardian for your children.
- Appoint someone to manage your children’s property.
- Make your will.
- Sign your will in front of witnesses.
- Store your will in a safe place.
Should I hire a lawyer to help me draft a will, or can I do it myself?
In preparing your will, it is important to meet certain basic procedural requirements; such as making sure you have witnesses when signing the necessary documents. With the proper research, it is possible to draft a valid estate plan yourself if your assets and instructions are relatively simple.
What information and documents should I gather before I contact an attorney to prepare a will?
You may also be required to list your advisors, such as your banker, accountant, investment dealer, and insurance agent.
How much does writing a will typically cost?
What is a trust?
Trusts are established to provide legal protection for the trustor’s assets, to make sure those assets are distributed according to the wishes
What is the difference between a will and a trust?
What is a "living trust"?
What is a revocable living trust?
Revocable living trusts are “living” because you make them during your lifetime and can change or cancel the provisions at any time.