What Is A Virginia Last Will?
A Virginia last will and testament is a testamentary document that provides a set of instructions, to both your family and to the Virginia probate court, on how you’d like your Virginia estate to be handled. Most Virginia last wills provide clear instructions on how the testator, (the person making a simple will), would like their property distributed after his or her death. In addition, a last will can also serve several other functions. In addition to directing how assets are to be distributed, a Virginia last will and testament can also do many other important things.
What Can You do With a Virginia Last Will
- Name an executor or personal representative of their Virginia estate plan
- Name guardians for minor children
- Provide how an estate will pay debts and taxes
- Give instructions on how pets should be cared for
- Name beneficiaries of the estate
- Specify how you would like your estate to distribute assets
- Make your wishes known
Why Do I Need A Virginia Last Will?
Creating a Virginia last will is a quick way to ensure that your assets will distribute exactly the way you would like after you pass. Your last will gives you the power to decide how you would like valuable family heirlooms to be distributed amongst your beneficiaries. In addition, using a last will and testament allows you to provide for other entities. For example, you can provide for close friends, important charitable organizations, and for your church or other religious organization. Often, individuals will use their last will and testament to give a gift to their high school, college, or university. Perhaps most importantly, having a valid last will and testament ensures that your estate is distributed exactly how you want.
Contact our Virginia Attorneys for More Information
To learn more about estate planning, schedule a consultation with one of our Virginia real estate attorneys, or call 202-803-5676. Our estate planning attorneys are able to provide you with the knowledge and guidance you need. Contacting our law office will allow you to successfully and confidently protect your assets and family.