Virginia Guardianship & Trust Wills
Flanders & Wade in Northern Virginia will give you expert legal advice on a Guardianship and Trust Will to help protect your children.
There may come a time when a parent is unable to look after a minor child (i.e. under the age of 18) or the parent dies. A Guardianship and Trust Will in Virginia helps in many ways:
- It details the parent's wishes regarding disposal of the estate and assets
- It is used to name an Executor of the will
- It can specify a Guardian to care for the child or children, avoiding custody battles
- Most importantly, it can protect minors’ interests until they reach the age of majority.
Understanding the different types of wills and trusts is our job here at Flanders & Wade, and we are fully au fait with the laws of Virginia concerning death and asset management and disposal, as well as probate and taxes.
You can be confident that seeking Flanders & Wade's advice on all aspects of the law will not break the bank. We pride ourselves on the affordable legal services that we provide and the expertise of our lawyers.
Call us today at Flanders & Wade to discuss guardianship and trust wills, revocable living trusts, standard wills, powers of attorney and pourover wills. Dial 703 563 4482 to speak to a legal expert.
We have served many clients with comprehensive legal services all across Northern Virginia, including Reston, McLean, Vienna, Fairfax, Arlington, Alexandria, Falls Church, Tyson's Corner, Sterling and Great Falls.
What is a Guardianship and Trust will?
A Guardianship and Trust Will is made by those who have minor children. It allows you to select someone who will have legal authority to make decisions for your children, who can take control of their assets, and care for the children. It is as important for families with young children to make a will as it is for older people.
Choosing a guardian
Most people will elect their spouse to look after their children in the event of their death. It is wise to name a second person, for instance, a close family member or trusted friend to act should your spouse predecease you, be unsuitable or cease to act as Guardian.
Setting up a Trust
You will need to name a trustee to administer any assets and monies on behalf of your children. This should be a trusted person, close friend or family member. You can provide instructions in your will as to how exactly you wish for any assets to be distributed to your children. For instance, at what age you feel they will be ready to inherit your estate and assets. While the child is a minor, your trustee will be able to support the child from your estate, in any matters of health, education, welfare, and wellbeing.
Why make a Guardianship and Trust will?
If you die 'intestate' i.e. without a will, Commonwealth of Virginia / State law will determine what happens to your assets, and who will care for your children. Without clear instructions left by you to guide the court or guardian of your child, the State will decide what happens to your estate and assets. This can result in lengthy and expensive legal battles between relatives, and your child may end up being cared for by someone whom you did not choose.
Contact us today for affordable advice at a price you can afford. We guarantee not to charge more than our advertised prices, ever.
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