Tag Archive for "probate" | Davis Law Group, P.C.

My Loved One Has Died – What Do I Do Now?

When a family member or other loved one dies, grief and shock can sometimes be overwhelming.

The last thing most people want to think about is making phone calls or funeral arrangements. Some things do not need to be done immediately, but there are some steps that should be taken soon after the loss of your...

April 1, 2021

Douglas Davis

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Estate Planning & Administration

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What to Do When You Inherit a Retirement Account

For decades, common financial planning wisdom has encouraged almost all American workers to maximize their contributions to qualified retirement accounts.

There is no question that doing so can be a powerful way to reduce current income tax liability, increase savings exponentially tax-free, and, in most states, protect your savings from claims of creditors. And by and...

December 10, 2020

Douglas Davis

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Davis Law Group

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168

Avoiding Financial Grief: How to Protect Your Significant Other from Frozen Accounts

The death of a loved one is one of the most difficult times in a person’s life.

Nothing can truly prepare you for such a loss. However, dealing with the financial stress of frozen bank accounts can increase the stress. Without proper planning, your loved one could struggle to gain access to your accounts, creating real...

November 12, 2020

Douglas Davis

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Estate Planning & Administration

757, attorney, bank account, beneficiaries, Chesapeake, coastal virginia, Court, Davis Law Group, DLG, dlgva, eastern virginia, estate, estate law, estate lawyer, estate plan, estate planning, estate planning and trust administration, finances, financial planning, greenbrier, Hampton Roads, hrva, joint ownership, Law, lawyer, legal, marriage, Norfolk, Portsmouth, probate, spouse, Suffolk, survivorship, Tidewater, trust, va, Virginia, Virginia Beach, will

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295

Why Probate Takes So Long and How to Avoid It

After a loved one dies, their money and property must be distributed to the right people, either according to their will or the state’s default distribution scheme.

Even if you are staying on top of the process, probate can take a minimum of 12 months and sometimes stretches out for years – yes, years. These delays...

September 17, 2020

Douglas Davis

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Estate Planning & Administration

757, attorney, beneficiaries, Chesapeake, Court, Davis Law Group, DLG, dlgva, Doug Davis, estate, estate attorney, estate court, estate law, estate plan, final will, greenbrier, Hampton Roads, hrva, Law, lawyer, legal, Norfolk, Portsmouth, probate, Suffolk, Tidewater, trust, va, Virginia, Virginia Beach, wealth management, wealth planning, will

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349

Tag Archives: probate

My Loved One Has Died – What Do I Do Now?

When a family member or other loved one dies, grief and shock can sometimes be overwhelming.

What to Do When You Inherit a Retirement Account

For decades, common financial planning wisdom has encouraged almost all American workers to maximize their contributions to qualified retirement accounts.

Avoiding Financial Grief: How to Protect Your Significant Other from Frozen Accounts

The death of a loved one is one of the most difficult times in a person’s life.

Why Probate Takes So Long and How to Avoid It

After a loved one dies, their money and property must be distributed to the right people, either according to their will or the state’s default distribution scheme.

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