What is Estate Planning?
If you ask “What is estate planning?” many people respond by saying they believe estate planning is only for people who:
- are wealthy;
- have complicated plans in mind for passing their money to children and grandchildren; or
- are seriously ill and within weeks or days of their death.
This isn’t even close to the truth!
Who Needs Estate Planning?
Estate planning is for every husband, wife, mother, father, grandparent, business owner, professional, blue collar worker, or anyone else who has someone they care about. Estate planning is for those who are concerned with providing responsibly for their own well-being and for the well-being of their loved ones. It is for anyone who seeks to make a difference in the lives of others or charitable causes after they are gone.
How is Estate Planning Accomplished?
When done properly, estate planning requires your participation in sharing with me your hopes, goals, fears, concerns, and expectations for yourself and for your loved ones who are most important to you. This process of sharing who you are, almost always results in the preparation of several comprehensive legal documents, but the documents themselves are not “estate planning.”
You want to make sure your family and those you care about are protected if the unexpected happens; as a licensed Virginia attorney, I can make sure you’ve covered all the issues that you’ve said are important, with a written legal plan that is designed just for you.