Trusted Guidance For Wills And Trusts

Fewer than 50 percent of adults in the United States have a last will and testament.

Most people understand that a primary reason to draft a will is to create specific instructions for how to distribute assets upon death. However, drafting a will is about far more than that. A will is more about protecting the ones you love than simply protecting your assets.

The legal team at Fox & Moghul, headquartered in Fairfax, Virginia, provides skilled guidance on will creation and other estate planning matters. You will not receive cookie-cutter treatment at our law firm. We will take the time to review the unique aspects of your situation and establish a will or trust that suits your needs.

You're Never Too Young For A Will

Many people mistakenly view wills and other estate planning documents as something people address later in life. But if you have assets and loved ones in your life, you should have a basic estate plan in place.

If you die without a will, it is known as dying intestate. In these cases, assets are distributed according to state laws regarding intestate deaths. Sometimes, intestate rules differ significantly from a decedent's wishes. But if no legal will exists, there is nothing loved ones can do to change this process.

Trusts Can Accomplish Specific Goals

Not all assets pass through a will. You may have reasons to create one or more trusts that allow assets to pass to beneficiaries outside of a will. Trusts can be invaluable:

  • They help you avoid probate altogether.
  • You can pass assets to children from a previous marriage.
  • They provide supplemental care for special-needs children.
  • You can hold assets until your children reach adulthood or graduate from college.
  • They allow you to plan for charitable contributions.

A comprehensive estate plan combines the benefits of trusts and wills to ensure that your family and your assets are completely secure.

Protect Your Loved Ones

Our estate planning lawyers can address your needs directly and answer all other questions you may have during a consultation. Call 571-732-0764 or use our online contact form to schedule a meeting with an attorney who is committed to helping you achieve your estate planning objectives.