Do you want to protect your assets from certain future creditors? In doing so, are you willing to give up control over those assets? If you answer yes, you may want to consider a Virginia Self-Settled Spendthrift Trust. What is a Self-Settled Spendthrift Trust in Virginia? This is an irrevocable trust where you create and… Continue reading When Do You Need a Virginia Asset Protection Trust?
When a trustee breaches their fiduciary responsibilities, the result can be devastating. Read on for some guidance on trustee “malfeasance”. What is Breach of Fiduciary Duty? A breach in fiduciary duty refers to a violation of the trust (and the trust beneficiaries), even if the act is not directly prohibited in writing. As such, the… Continue reading Trustee Malfeasance in Virginia
A close loved one has died, and you are the surviving spouse, child of a single parent, or simply “next of kin.” Immediately you are faced with questions: What is probate? My family member had a will. What do I do? MY family member had NO will . . . a trust? Must I qualify… Continue reading When Do You Need an Estate Administration Lawyer in Virginia?
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