On Behalf of Patel & Dalrymple, PLLC | Jan 13, 2021 | Estate Planning
As they grew into adulthood, many Virginia residents undoubtedly had encouragement from their parents to take important steps in life. Now, it may be time for adult children to encourage their parents to take such steps of their own. In particular, if their parents...
On Behalf of Patel & Dalrymple, PLLC | Oct 30, 2020 | Estate Planning
Any Virginia resident’s financial affairs are a critical part of life. Wanting to ensure that money matters stay as they should is a common goal for many people. Of course, unexpected life events could put a person’s health and ability to make financial decisions in...
On Behalf of Patel & Dalrymple, PLLC | Oct 20, 2020 | Estate Planning
Thinking of death may not be on your to-do list for the day, or ever. Preparing for the end of your life is something you should do, but have you? The AARP reported in 2017 that a high percentage of people ages 53 and over have wills and other estate planning...
On Behalf of Patel & Dalrymple, PLLC | Sep 4, 2020 | Estate Planning
As many people in Virginia can likely attest, relationships among family members can be complex even under the most ideal circumstances. However, blended families can sometimes have even more challenges. While it is important to have a detailed, enforceable estate...
On Behalf of Patel & Dalrymple, PLLC | Jun 21, 2020 | Estate Planning
Part of the goal of estate planning is to perform a kindness to your heirs. The last thing you want to do is place a burden on those you care about the most. The following scenarios reveal how a poorly implemented plan affects those who must wrestle with the...
On Behalf of Patel & Dalrymple, PLLC | Apr 30, 2020 | Estate Planning
Business owners who include a succession strategy in their estate plan may avoid leaving their families with unwanted surprises. When adult children unexpectedly confront the responsibility of managing a business, bitterness may set in. Finding a reliable and...
On Behalf of Patel & Dalrymple, PLLC | Mar 31, 2020 | Estate Planning
When it comes to creating an estate plan, it is imperative to understand that everyone approaches the process from a different angle. For example, older women sometimes face unique stressors with regard to setting up a will or creating a trust, and we will explore a...
On Behalf of Patel & Dalrymple, PLLC | Mar 11, 2020 | Estate Planning
When Virginia residents begin working on their estate plan, you should answer one question first. Who will your executor be? This is a question with a crucial answer. Today we will look at some of the deciding factors to consider before making your final decision. ...
On Behalf of Patel & Dalrymple, PLLC | Feb 9, 2020 | Estate Planning
In the estate planning process, you may need to name a trustee to manage your estate. The trustee is the person who takes charge of your assets when you die. Often, people will choose a family member or a friend about being his or her trustee. Sometimes, this can be a...
On Behalf of Patel & Dalrymple, PLLC | Nov 15, 2019 | Estate Planning
There is an array of documents that you may include as part of your Virginia estate plan in Virginia. One you might want to consider is a power of attorney. This document can come in handy if you need someone to act on your behalf when you cannot do so yourself....
