by Miller, Earle & Shanks, PLLC | Jul 24, 2020 | Estate Planning & Administration
Fiduciary duty is a term applied to you when someone designates you as the trustee of his or her trust or as the executor of his or her will, and therefore the administrator of his or her estate when (s)he dies. FindLaw explains that, in essence, “fiduciary duty”...
by Miller, Earle & Shanks, PLLC | Jun 20, 2020 | Estate Planning & Administration
When done correctly, estate planning provides a level of confidence to a family. It ensures the assets of a person go to the designated beneficiaries and that money is not lost in the probate process. As with any area of law, though, common mistakes exist that have...
by Miller, Earle & Shanks, PLLC | May 7, 2020 | Estate Planning & Administration
People who have concerns about their estates going through probate generally worry that their heirs will have to wait a while to receive their inheritance. You might also worry about the lack of privacy probate will afford your estate since wills become a part of the...
by Miller, Earle & Shanks, PLLC | Mar 30, 2020 | Estate Planning & Administration
If you have been divorced or widowed and have now found a new love with whom you want to share the rest of your life, you deserve to feel elated and positive about your future. However, the promise of a happy family and home life should not prevent you from tending to...
by Miller, Earle & Shanks, PLLC | Mar 9, 2020 | Estate Planning & Administration
Are you a Virginia resident who recently started to work on your estate plan? If so, there are a few things you should establish before you begin working out the finer details. One of the very first things you should do is find an estate executor. Today we will look...
by Miller, Earle & Shanks, PLLC | Jan 28, 2020 | Estate Planning & Administration
As the world changes, so too does estate planning. One area that was not important years ago, the handling of digital assets, will only loom larger in the coming years. Clients putting together a comprehensive estate plan should consider a strategy to protect their...
by bkabritsor | Jan 8, 2020 | Estate Planning & Administration
The topic of death is not a typical subject for conversation. However, it often becomes necessary as a result of someone’s passing. It is never too early or too late to review the details of your last will and testament. In doing so, you leave a true legacy to...
by Miller, Earle & Shanks, PLLC | May 20, 2019 | Estate Planning & Administration, Firm News
There are two types of assets associated with a trust in Virginia: principal and income. It is important to know the difference when you create a trust because you will have the option to have your principal distributed one way and your income distributed in a...
by Miller, Earle & Shanks, PLLC | May 15, 2019 | Estate Planning & Administration, Firm News
A Virginia resident from the Shenandoah Valley region or elsewhere in the state might understandably balk when considering estate-linked questions and contemplating the creation of an estate plan.After all, the subject matter can seem a bit elusive and dense. Many...
