Northern Virginia Estate Planning & Prince William County and Fauquier County Estate Administration
Estate planning and administration involve the management and protection of assets during your lifetime, decision-making in the event of a disabling illness, and provision for the disposition of assets upon your death.
Estate Planning in Prince William County and Fauquier County
Estate planning includes the preparation of a will and other documents. It also usually entails the creation of trusts for the benefit of minor children, yourself, your spouse, elderly parents and/or others.
The issues involved here are very personal and often complex. Your special family circumstances, particularly in the case of second marriages and blended families, must be addressed.
Ideally, estate planning is an ongoing process that begins in early adulthood. It helps you and your family prepare for life’s transitions and respond to life’s unexpected events.
Preserving your wishes with legal devices
Your desires regarding specific arrangements for the benefit of others, as well as preferences concerning your own health and medical care options, need to be memorialized.
The attorneys at VON KELLER LAW work together with clients in performing complex legal and financial analyses to determine which estate planning tools should be employed. We help you make arrangements for:
- Financial security for a spouse and children
- Specific bequests for beneficiaries
- Educational funding for grandchildren
In working toward your goals, our attorneys implement sound legal strategies that can help you reduce estate taxes and expedite administrative procedures.
We also prepare powers of attorney and advance medical directives that outline, in detail, your wishes in the event of incapacity regarding:
- Management of assets and finances
- Resuscitation and life-support
- Type and length of medical care
- Selection of person(s) to make decisions
Estate planning provides you with an opportunity to have input in all of the important areas addressed above. Contact our firm to learn how you can make these decisions preemptively so your family will not have to make them for you.
A large part of our estate planning practice is devoted to structuring existing estates to help avoid probate.
Probate can take a lot of time and put unnecessary financial and emotional strain on grieving families. As a general rule, wills must pass through probate, but when these documents are complemented by other effective estate planning tools, the process can be shortened significantly. Assets in a trust do not pass through probate, so the creation of trusts can be a very useful estate planning tool.
We can help you structure your estate so your assets can be distributed well before or upon your death in ways that can alleviate or minimize the complexities of probate.
Estate Administration in Prince William County and Fauquier County
Estate administration includes the qualification of an executor named in a will or appointment of an administrator in the case of a person who passed away without a will; the preparation and submission of an inventory; the management of finances; the payment of debts and other liabilities; the transfer of properties and other assets; and the eventual final distribution of the estate.
When a family member has died, you probably will need assistance in these areas. This is particularly true if adequate estate planning has not occurred previously.
Estate administration can be fairly simple if the estate is small (less than $15,000) or quite complex in the case of larger estates where significant assets and liabilities are involved. Our experienced and caring attorneys can represent you in probate and, if necessary, related litigation.
Northern Virginia Special Needs Trusts, Guardianships and Conservatorships, Long-term Disability Planning
VON KELLER LAW reaches out to residents of northern Virginia who have family members with special needs or disabilities and who are concerned about their changing legal needs.
We create special needs trusts and help clients prepare for the day their children with special needs will become legal adults. Our attorneys handle guardianships and conservatorships when these proceedings become necessary. We also perform long-term disability planning and help clients plan for the care of siblings and parents with disabilities.
We understand this unique body of law and can assist you in protecting the interests of your family member born with special needs or challenged by a disability later in life, in many cases without sacrificing his or her rights to receive Social Security insurance and other government-sponsored benefits. Consult with the attorneys at VON KELLER LAW for legal services to help ensure your family member’s financial security and quality of life. Contact our firm to learn more.
Call 703-361-2299 for Estate Planning, Special Needs Trusts, Guardianships and Conservatorships, Long-term Disability Planning, and Estate Administration services in Manassas, Warrenton and Northern Virginia.