Aug
30
Written by:
Administrator Account
8/30/2008 12:46 AM
Virginia estate planning attorneys know that nearly 70% of people in the United States do not have a will, yet estate planning documents are an important investment. If they are carefully drafted by an experienced attorney who knows how to help you structure your assets so the documents work as intended, they will likely last you for a very long time. Finding a trusted adviser to assist you with estate planning will give you and your family peace of mind. This planning will also probably cost less than you may think.
Financial expert Gene Dickenson explains why you need a will and provides tips on selecting an attorney:
Although every estate plan must be created based on an individuals unique situation and goals, there are three basic estate planning documents in Virginia that can benefit almost every person. Although other documents may be desirable and are sometimes necessary, three will suffice for many people and if drafted properly, are flexible enough to last for many years. These are the will, power of attorney and advance medical directive (sometimes referred to as a “medical power of attorney”). Together, the documents work during one’s lifetime, through any period(s) of incapacity and after death.
Click here to read more about why you need these Virginia documents.