Critter Corner: Why Would You Revoke a Revocable Trust?

Dear Hayek, This question is more for curiosity than anything. I know that revocable living trusts can be revoked. How would someone go about doing so and why would they ever want to? Thanks! Reva Cabull --- Dear … [Read more...]

What You Can and Can’t Do With a Power of Attorney

Q. My brother, Larry, who never married or had any children, asked me to be an agent under his Medical and Financial Powers of Attorney. Before I accept, I’ve been reading about what my role would entail. I am also considering … [Read more...]

Critter Corner: Helping Mamma Get Rid of Stuff

Dear Oakley, When my mom was doing her estate planning, she realized how much stuff she has that has no monetary value, but lots of sentimental value to her. Upon speaking with her children and grandchildren, she realized that … [Read more...]

This Harry Potter Publisher Blindsided His Family When He Left Them Nothing

Maurice Richard Robinson Jr. died suddenly on June 5, 2021 while on a walk in Martha’s Vineyard. From 1975 until his recent death, Robinson was the chief executive officer of Scholastic Corporation, a publishing company founded by … [Read more...]

Critter Corner: Estate Planning for Cryptocurrency

Dear Angel, A couple years ago, I started investing in Bitcoin. It’s value has increased a lot and I want to include it in my estate planning. What should I know when it comes to developing an estate plan for … [Read more...]

Will US Estate Planning Documents Work in Other Countries?

Q. My parents and my husband and I are all considering relocating to Lake Chapala in Mexico, which is a very popular retirement location for Americans because of the low cost of living, sunshine, accessibility, established expat … [Read more...]

What Happens When You Inherit an IRA from a Non-Spouse?

Marty’s brother, Ed, passed away suddenly. He never got married or had children, so he passed everything, including his Individual Retirement Account (IRA), to Marty. During one of the most difficult times in his life, while … [Read more...]

Critter Corner: How Much Compensation is a Fair Amount for an Executor of an Estate in Virginia?

Dear Oakley, My mother passed away last March in Fairfax. My brother, the estate executor, has been the one to navigate the estate administration process. The estate is still not completely settled 15 months later because of a … [Read more...]

How to Avoid Unnecessary Pain and Expense When a Loved One Dies

Q. I recently read in a Virginia publication about a man who was grieving the loss of his mother, who died during the Coronavirus pandemic, while experiencing what he referred to as the “awful business of settling the estate.” He … [Read more...]

Is it a Violation of HIPAA to Ask Someone if they’ve Been Vaccinated?

Josie shared on social media that she and her teenage son and daughter just got vaccinated against COVID-19. In a conversation at the school, Mary shared that she saw Josie’s post and that the three of them got their first dose. … [Read more...]