Wills, Trusts and Estates

As Benjamin Franklin is quoted as having said, two things in life are certain... death and taxes. Recognizing the truth of that statement, this course will cover the following topics: the purpose and need for a Will; the classification and definitions of property; the meaning and ramifications of Testate and Intestate Estates; the legal requirements for a Will; the preparation and drafting of Wills; Advance Directives; Planning for non-traditional families; the elements and purposes of Trusts; specialized Trust and gifts; the Executor or Administrator; Estate administration; tax consideration in estate administration; Probate; and, Ethics associated with an Estate Planning legal practice. There will be numerous real life examples and Virginia practice resources provided throughout the study.