Today we are sharing a post from the Special Needs Alliance newsletter The Voice. The Voice is the e-mail newsletter of The Special Needs Alliance. This installment of The Voice was written by Special Needs Alliance member Elizabeth L. Gray, CELA, a principal with the firm of McCandlish Lillard, with offices in Fairfax and Leesburg, […]
Sometimes giving assets outright to a beneficiary – such a child, a grandchild or a special needs loved one – is not the ideal method of distributing assets in an estate plan. In such a scenario, a discretionary trust can be a good estate planning tool. Below is some basic information on discretionary trusts and […]
When most people think of estate planning, they think of assets such as bank or brokerage accounts, retirement plans, life insurance, and real estate. But sometimes invaluable personal property, such as family heirlooms or keepsakes, needs to be included as well. This type of property should not be overlooked in your estate plan just because […]
Whether or not you have an estate plan in place, you have likely heard the term “probate”. Probate is the legal process by which a deceased individual’s assets are distributed under court supervision. This process is necessary to distribute assets that are solely in the name of the deceased person. Probate is governed by state […]
