Estate Planning for Chesapeake, VA
An estate is comprised of everything you own; your car, home, bank accounts, investments, and all other personal or real property. Estate planning is making the plan in advance and naming whom you want to receive the things you own after you die. The lack of an estate plan may become detrimental to your family members since the state will become in control of your estate if no direct plan is available. Here at Anderson & Pittman, our attorneys specialize in drafting estate plans to fit the needs of our clients and ensure that property will be transferred smoothly when the time comes.
An estate plan is typically comprised of a will, a power of attorney (POA), an advance medical directive, and possibly a trust. A will provides your instructions, but it does not avoid probate (the judicial process of proving a will). Any assets titled in your name or directed by your will must go through your state’s probate process before they can be distributed to your heirs. A power of attorney (POA) is a document that essentially allows you to sign over the right for someone else to sign numerous documents on your behalf if you are not able to. An advance medical directive is similar to a POA in that you are signing over authority to another person, but it deals specifically with medical issues and lays out exactly what you would like to occur, or not occur, in your final days. A trust is also a possibility when making an estate plan, it is typically the lengthiest document and used in larger estates. A trust is beneficial because, if written correctly, it can avoid the probate process thus giving your estate and your family more privacy.
Estate Planning
At Anderson Legal Group, PC, we want to help you ensure that your family’s future is set in case of an unfortunate incident. We understand that broaching such topics can be difficult, so when you work with our wills trust attorney in Chesapeake, VA, you can count on a legal service that is not only professional but empathetic as well.
Our primary priority is to ensure your protection and meet all of your legal needs. With years of experience in legal matters, you can rest assured that you will receive the protection that you need when you need it and that we can create a will or trust for you that is orderly and clear.
Our Other Legal Fields
Anderson Legal Group, PC, also offers its expert legal representation and counsel in a range of other legal practice areas. From business law to real estate litigation, turn to us when you need a team of caring and competent legal advisors.
If you’re thinking about protecting your family for when you are no longer able to, please contact our office today.