On Behalf of Patel & Dalrymple, PLLC | Aug 23, 2018 | Trusts
No set rule is in place for how frequently people who own assets in Virginia should review their estate plans. Nonetheless, there are a few basic guidelines that are wise to follow. Here is a look at these general guidelines for reviewing wills, trusts and other...
On Behalf of Patel & Dalrymple, PLLC | Aug 16, 2018 | Trusts
When people in Virginia think about planning for the future, their minds often go to saving up money or planning for retirement. However, creating wills and/or trusts is also an important part of financial planning. Here is a look at why creating an estate plan...
On Behalf of Patel & Dalrymple, PLLC | Aug 9, 2018 | Estate Planning, Trusts
Many people throughout the United States, including in Virginia, prefer not to think or talk about death. For this reason, estate planning is oftentimes ignored. However, creating wills or living trusts is essential for protecting one’s assets long term. Here is...
On Behalf of Patel & Dalrymple, PLLC | Jun 21, 2018 | Estate Planning, Trusts
Estate planning is often placed on the back burner because people naturally prefer not to talk about the prospect of death. However, creating wills and trusts is critical for protecting assets in the future. It is especially important for those who are going through...
On Behalf of Patel & Dalrymple, PLLC | Jun 7, 2018 | Estate Planning, Trusts
Estate planning remains a frequently neglected aspect of future planning in Virginia. Unfortunately, failure to create wills and trusts may have some major financial consequences. Here are some of the most common estate planning mistakes.First, those with insurance...
On Behalf of Patel & Dalrymple, PLLC | May 11, 2018 | Trusts
Death is inevitable, and unfortunately, it sometimes comes sooner than one thinks. For this reason, estate planning, which may involve setting up trusts or creating wills, is critical no matter how old an individual may be. This is particularly the case for...
On Behalf of Patel & Dalrymple, PLLC | Apr 26, 2018 | Trusts
In today’s busy society, estate planning is easy to put off and perhaps never get around to doing. However, this process, which involves creating wills and/or setting up trusts, is critical for protecting one’s assets down the road. The latter can be...
On Behalf of Patel & Dalrymple, PLLC | Apr 5, 2018 | Trusts
Considering estate planning can seem overwhelming. What exactly does a Virginia estate plan involve, and how can individuals go about setting up trusts and creating other pertinent documents? Here is a rundown of the most critical components of any comprehensive plan....
On Behalf of Patel & Dalrymple, PLLC | Mar 29, 2018 | Trusts
The goal of an estate plan is to ensure that an individual’s assets pass to his or her loved ones in the most seamless way possible. One of the worst things that can happen is to have an estate tied up in a costly and lengthy probate proceeding. Unfortunately,...
On Behalf of Patel & Dalrymple, PLLC | Mar 2, 2018 | Estate Planning, Trusts
Those who have estate plans in place in Virginia are already ahead of the many other individuals who have not created such plans. Although some individuals create wills only, others have taken steps to establish trusts. The problem with those with trusts, though, is...
