
Things You Need to Know as Successor Trustee
Being named as a successor trustee in someone’s revocable living trust document can be considered a great honor. But with that honor comes responsibility. Whether

Five Mistakes Successor Trustees Make (and How to Prevent Them)
When establishing a trust, you must give serious thought to who you choose as your successor trustee—the person who will manage, invest, and hand out

Protections for Directors of Virginia Nonprofits
Occasionally, individuals may hesitate to serve on the board of a nonprofit because they are afraid that they may incur liability based on decisions they

Non-Profits’ Ownership of For-Profit Entities
While it may seem contradictory, a non-profit can own all of the ownership interest in a for-profit entity, whether such entity is a corporation or

How Support is Determined During a Divorce
Many important issues are litigated during a divorce proceeding, such as the division of marital assets and deciding who receives custody of the children. Other

5 Essential Legal Documents You Need for Incapacity Planning
Comprehensive estate planning involves more than just planning for your legacy after your death, by avoiding probate, and reducing taxes. Good estate planning also appoints

Estate Planning Tips for Business Executives
As a business executive, you are used to strategizing and creating goals as part of your job. But have you devoted time to strategizing and

Estate Administration Details that TV and Movies Get Wrong
While television and movies provide great entertainment, they are not always factual. Even shows based on real events are not entirely accurate. Creators of television

What Happens to Your Mortgage When You Die?
Your mortgage, like the rest of your debt, does not simply disappear when you die, unfortunately. If you leave your home that has an outstanding