Wills, Trusts & Estate Planning

Some of the largest legal battles arise from people not properly preparing for the transition of their estate at the time of their passing. Preparing for how you would like your assets to be disbursed after your death can minimize this conflict. Without an estate plan, your assets may be disseminated based on general Virginia law, which might not agree with what you want to take place. It is important to understand your options when it comes to passing along your legacy to your family and loved ones. Kheystone Legal prides itself in helping our clients identify the best option for each client’s specific circumstances. Taking the time to make these sometimes-difficult choices is one of the best decisions you can make for your family and loved ones. Our team is ready to assist you with any of the following:

Will: A Last Will & Testament is a simple estate document that allows you to decide how your assets will be transferred and administered at the time of your death. It allows you to give gifts, name guardians for minor children, minimize estate tax implications, and manage the probate processes.

Mirror Will: Husband and wives, and sometimes siblings, often create mirror wills to ensure no conflict might arise between each person’s individual estate planning choices.

Trusts: A trust is a great way to control your assets past your death, and allows you to manage beneficiaries’ spending, protect your assets from creditors, or provide structured income for your surviving spouse or children.

Advanced Medical Directive: An advanced medical directive informs your healthcare providers what medical decisions should be made if you become incompetent or incapacitated, and who should make those decisions.

Power of Attorney: A power of attorney is a legal document that allows someone else to make decisions about financial and property matters on your behalf. Two common types of power of attorneys are:

1. Durable – allows your agent to make decisions when you may be incompetent or incapacitated; and

2. General – allows your agent to make decisions upon execution.

Our team is experienced in drafting the best power of attorney for your specific needs.