Estate Planning: Important Tips
At the Law Office of Patricia E. Tichenor, we provide a wide-range of estate planning services. While it’s never too late to create an estate plan, there are a few important tips that may help you understand why you should start planning now.
Contact us to find out why you need an estate plan and what estate planning options are available to you.
Too often people think that estate planning is only beneficial if you are wealthy or older. The reality is that everyone should have an estate plan to outline their health care wishes and financial plans. An effective estate plan should provide information about how to handle both medical and financial decisions in a number of different situations.
There are many unexpected events that could happen in your life, so plan for them now. If you have children, are married, or suffer from a life-threatening medical condition – these are just a few reasons you should start now and not wait until it may be too late. Keep the decisions in the hands of someone you choose.
Also, many people only choose to draft a will and do not consider or know that other components of an estate plan are available and are beneficial.
Other components of an estate plan that we can help you explore include standby guardianship planning, reciprocal wills, and testamentary trust planning that will benefit your children.
Our office is located in Leesburg, Virginia. The majority of our clients come from northern Virginia and northern suburban Washington, D.C. including cities such as Ashburn, Fairfax, Herndon, Leesburg, Manassas, Purcellville, Sterling, Winchester, and Warrenton, as well as Fairfax, Fauquier, Loudoun, Prince William, and Stafford counties.