Why Update?

Why Update?
Stale, Old Estate Plans Don't Work
  • Virginia trust, probate, health care decisions and tax laws change often
  • We constantly adjust to changing laws and local practice court rule
  • Changes in family structure and wealth require amending an estate plan
  • Stale powers of attorneys, 3 years and older, are less likely to be recognized by courts, banks, financial firms

  • Moving from one state to another requires a review and update of your plan
  • Unfunded trusts don't work
  • Trusts without proper property equalization can leave the surviving spouse impoverished due to over-funding of the Bypass trust
  • The tax laws are changing