Understanding Current and Future Estate Planning Issues
At Kanady & Quinn, P.C., our attorneys have extensive experience helping individuals plan for the future. They understand how changes in Virginia law and changes within your family can affect your wills and trusts.
Our Richmond law firm recognizes the connection between estate planning and family law issues such as divorce and asset division. We work closely to ensure your financial well-being is protected at every level.
Possible Law Changes
Our business law attorney, Johnson Kanady, III, can review your assets to help devise an estate plan that reduces or eliminates estate tax. It is likely that we will see changes in the laws related to the taxation of estates, and we will help you review your planning to accommodate change. It is important that you consult our lawyer to start planning today. Establishing or revising your estate plan to stay up to date with changes can help ensure that you are protected no matter how the law may change.
Family Changes
An outdated will or power of attorney can create serious estate planning issues. If you do not revise your documents, events in your life and in the lives of your beneficiaries may disrupt your estate plans. Our attorneys anticipate these issues and provide comprehensive family law and estate planning advice. We can review with you your beneficiaries and agents to help you determine whether updates are necessary.
We Help Prevent Online Errors
Successful planning for power of attorney and advanced medical directives can eliminate strife. They can also outline your short and long-term goals so that your family members know what to expect. Elderly parents may use powers of attorney and advance medical directives to establish procedures and avoid guardianship proceedings.
Oftentimes individuals feel they can accomplish their own estate planning needs with online documents. Your requirements, however, often will not be able to be addressed by "one size fits all" estate planning. At Kanady & Quinn, P.C., our attorneys can prevent common errors and help protect your short and long-term goals.
Proper Planning
If your documents are not signed or filed correctly, or if they are not revised to address changes in the law, they may be ineffective to transfer your assets as you desire. The result can be agents you assign to handle your finances and medical decisions may be overruled. Your children or other relatives could go to court to acquire court-appointed guardianship and take control of your finances.
We can draft all of your estate planning documents (including wills and trusts) in-line with your wishes. He also has a Masters of Law in Taxation. His sophisticated knowledge of Virginia tax laws helps provide estate planning geared toward minimizing tax consequences and providing you peace of mind.
Contact Us Today
To discuss estate planning issues, please contact us at 804-282-8494 or you can send us an e-mail. Our office is centrally located in historic Bon Air.
