Estate Planning in Williamsburg, VA

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Estate planning consists of arranging the management and orderly distribution of your assets after death. Properly planning your estate allows you to detail your post-death wishes and provides instructions on how your estate should be transferred to your surviving heirs and beneficiaries.

Even if you do not have substantial wealth, having a well-crafted estate plan is still important. At Pedersen Law, our estate attorneys can help you create an expert estate protection plan tailored to your unique needs and circumstances.

Because Everyone Needs A Plan

It’s easy to assume that estate planning is not necessary, but the reality is that having a plan in place can save you and your family unnecessary drama in the future, no matter what kind of wealth you’ve accumulated.

An estate plan is crucial because it can help your dependents avoid the stressful and lengthy probate process as well as minimize potential family disagreements, communicate your desires and wishes, and prepare for future medical activities.

When Do I Need to Create an Estate Plan?

Unsure of when you need to start creating an estate plan? You’re not alone. Most financial experts recommend developing an estate plan as soon as you are legally responsible for your finances. So, realistically, as soon as you turn 18, you should start planning your estate. 

At Pedersen Law, we understand that estate planning can initially seem complex and daunting, so we are here to help. Ask your estate planning lawyer to review or draft an appropriate estate protection plan that works for your situation, whatever that might be. Whether you are retiring, getting married, having children, or arranging for long-term healthcare, we take your unique situation into account and work with you to achieve your estate planning goals.

We are highly experienced and can handle every aspect of creating your estate plan, powers of attorney, and will, as well as meet all your NFA Gun Trusts needs.

Documents You’ll Need to Plan Your Estate 

Legal estate planning should consider various legal documents. Some of the documents that must be a part of your plan include:

  • Sound Power of Attorney (POA)
  • A Will or Trust 
  • A Letter of Intent
  • Guardianship Designations
  • Healthcare Power of Attorney

Do I Need a Gun Trust if I Own Firearms?

If you want to buy a gun or already own one subject to strict federal and state regulations, and you want to pass it down to your children or other individuals at the time of your death, you need a gun trust. This legal document helps protect you and your beneficiaries during and after your lifetime, reducing the chances of conflicts that often occur after death.

The Benefits of Hiring Pedersen Law

At Pedersen Law, our estate planning lawyers have spent over a decade dedicating our time to our clients. We’ve earned a reputation for being client-oriented, empathetic, and being great at what we do. We’ll consider all of your concerns and goals when creating your estate plan. 

Contact Us Today

When you work with our estate planning lawyers, you can expect a smooth process handled with the utmost integrity and professionalism from the beginning to the end. You can also have peace of mind knowing that you will get the best results possible. Schedule your initial consultation to get started to speak with our experienced Williamsburg estate planning attorneys.

Frequently Asked Questions

Do I need to use a lawyer?

You are not required to have a lawyer in Virginia for divorce; however, most people will find the process more complicated than they wish to tackle alone.

Can my spouse and I use the same lawyer?

Only one party can be represented by the attorney. It is not uncommon when parties come to an agreement about their divorce for one attorney to prepare the documents on behalf of the husband or wife.

I thought I only have to be separated for 6 months in Virginia?

That is only true if you have a signed agreement that resolves all of your support and property matters AND you have no minor children of the marriage.

Should I waive my rights to my spouse's retirement?

Before making any decisions about waiving a retirement, you should be sure you know exactly what you would be waiving.

Do we have to have formal discovery?

If the parties can agree upon and feel well-informed about their assets and debts, the formal discovery process is not a requirement. However, if there is uncertainty about the assets or debts, this should not be waived.

How quickly can I be divorced?

The time frame depends on a few different factors. An uncontested divorce doesn't normally require a court appearance, but the judge will still be reviewing everything to be sure everything is in good order. This means coordinating around the court's schedule. Additionally, in an uncontested divorce, everyone must cooperate with moving the process along. If everyone responds and signs the necessary documents timely, the process will move along promptly. Generally 4-6 weeks is a good average, providing both parties are cooperative.

Do I have to go to court for custody?

Absolutely not. Most of the time, it is in everyone's best interest if parents can come up with a custody plan that works for the family. This plan can be incorporated either in a property settlement agreement or consent order.

Can I have sole legal custody?

It is not common for the court to award sole legal custody. Public policy suggests that both parents' involvement in decisions regarding children should be shared. In situations of serious abuse, incarceration, absence of a parent, or other situation which would render a parent unable to make decisions, the court can consider sole legal custody. The court does not take this likely and often involves court appearances.