Hampton Roads Estate Planning Attorneys
Your estate is your financial legacy – regardless of how large or how modest. If you have a spouse, children, family members, or loved ones whom you want your assets (and possessions) to flow to when you are gone, estate planning is in order, and an experienced Hampton Roads estate planning attorney can help.
Considering Your Estate
Your estate consists of everything of value that you own – including those items of sentimental value, such as family heirlooms, that you want to pass along. Consider all the following potential elements of your estate:
- Real property, such as your home and any business ownership
- Your bank accounts
- Your retirement accounts and life insurance policies, which are generally passed to named beneficiaries
- Your financial portfolio
- Additional financial holdings
While estate planning is no one’s favorite topic, planning for your loved ones’ futures can provide you with considerable peace of mind and can help to ensure that, when the time comes, your wishes will be followed, the probate process won’t be overly protracted and/or complicated, and tax implications for your loved ones will be minimized.
Preserving the Value of Your Estate
One of the most important considerations of estate planning is preserving its value to help ensure that your loved ones benefit to the fullest degree possible. Preserving the value of your estate involves considering the tax implications (and mitigating them to the degree possible) and limiting any creditor claims on your estate.
Managing Your Assets
Another important element of your estate planning efforts is managing your assets now and into the future. One mechanism for helping you accomplish this goal is via the establishment of a durable power of attorney who can step in and make important financial decisions on your behalf (in the event you are incapable of doing so). Your durable power of attorney should be someone whom you trust implicitly to carry out your wishes in these matters.
Distributing Your Assets
A primary factor of your estate planning is the distribution of your assets according to your wishes. Any assets that you neglect to specifically address will be distributed according to the state’s laws of intestacy, which are unlikely to match up with your own preferences, and which will almost certainly complicate matters for your family.
If You Have Minor Children
Another important issue to address in your estate plan is assigning guardianship for your minor children in the very unlikely event they are left without either parent.
Turn to an Experienced Hampton Roads Estate Planning Attorney for the Legal Help You Need
While estate planning can be a somber topic, it’s important to recognize that it symbolizes your care and concern for your loved ones, which can help put a better light on the matter. The dedicated Hampton Roads estate planning attorneys at Mahoney Richmond Thurston, PLLC, have a wealth of impressive experience helping clients prepare to pass on their legacies – in a manner that meaningfully embodies their wishes. We can help you do the same, so please don’t wait to contact us today.
What Our Clients Are Saying
I obtained the services of Mahoney Richmond Thurston in April. L. Ashley Brooks, Esq. was very thorough and guided me in setting up the proper documents for my situation. Ashley and her assistant held my hand through this process. Thank you.
5 Stars!
It was great to work with Ashley Brooks, no pressure.
I worked with Nicole Thurston, Joy, and Nancy and they were all amazing to work with. They went above and beyond to help me fight in my custody battle and my son is now doing excellent. They cared about the outcome of our case showed how much they cared. He has straight A's, on the Principal's list, and getting college offers and letters from congressmen to congratulate him for his success. We would not have gotten this far it was not for this legal team fighting day and night to give us the best possible outcome. Thank you all for everything you have done for our family. Sincerely, Tamara
Nicole handled my divorce, she was professional and detailed. If I had a question it was usually answered the same day. In court, she was very professional, had all details, and was fully ready to represent me. I could not have asked for a better attorney to represent me!
I am very impressed with Andy's capabilities - he is a talented young lawyer.
Reeves is a fine lawyer, with a great sense of humor.
Mr. Richmond deals with his clients compassionately and with legal precision. You can have confidence that he is looking out for you and trust his judgment and advice. Take his advice seriously. Mr. Richmond does a good job communicating with his clients, keeping them informed along the way.
Andrew Richmond is a great lawyer and extremely smart.
Ashley is an excellent attorney in all areas.
I did my research on divorce and family law attorneys before contacting anyone. A trusted friend had used Nicole and her team's services previously and highly recommended her. Entering the MNR Law offices I met their receptionist. Her smile both lightened the mood and removed some of the stress from the streets. I found the conference room to be well lit, supplies readily available, and the conduct of the staff I encountered to be well above everyday professional courtesy. Nicole was the first attorney I met with and after our initial meeting, discussing options, criteria, contractual obligations, and services that would be contracted for, I confidently chose her to be my legal counsel. The contracts were explained in detail and reviewed prior to initiating our financial transactions, and I feel I received more than what I contracted for. I paid for professional services; what I got included personalized service, the respect, and distinction of being an individual. My concerns were thoroughly vetted and understood from a personal level and translated to what I wanted and needed on a professional legal level. The team prepared the battlefield and for potential contingencies, ready to execute, ready to win. We faced the opposition…
5 stars!
I recommend them completely!
Very pleased with their professionalism and seriousness with my case.
Listen, I did the circuit of family lawyers in Virginia Beach and Andy is, hands down, the most honest, capable, genuine, and reliable lawyer around.
Reeves Mahoney did an outstanding job as my attorney during a recent contested custody battle. Knowledgeable, honest, and direct, I appreciated Reeves’ sage counsel during an incredibly difficult and anxious time. Reeves and his team provided excellent guidance and successfully navigated me through the heretofore unfamiliar minefield of family law. Reeves is one of the finest, if not the finest family law attorneys in Hampton Roads and enjoys a stellar reputation in the family law system.
Good attorneys for estate planning
Nicole was amazing to work with for my son's adoption finalization. She was extremely personable, always responded quickly to any questions, calls, or emails, and extremely nice! She made the final stages of our adoption journey amazing!
I am very thankful for all of your services. I don’t know how I would have gotten through this without you all. Your help was priceless.
I will never regret seeking (Reeves Mahoney’s) counsel … You’ve given me a lot of great advice and insight and that I’ll never regret any penny that I paid to gain that. … I just wanted to let you know that you provided a great service to me today and I will be eternally grateful.
Nicole knew exactly how to handle to my situation, doing so rapidly; conformed to my wishes, no drama. Amazing advocate: excellent skills explaining complex legalese in everyday terms. Great sense of humor: explains difficult topics; diffuses stressful situations. Guide & confidant. Earned my trust & maintained it throughout. Quality of service was outstanding! Value is phenomenal Follows up on questions & requirements, often same day, with quality details in clear & concise communications
Andy and his paralegal, Nancy, are wonderful. I had an entire custody reversal made, which I have come to understand is a rarity. Andy is clearly knowledgeable about family law and well respected by the court.
Andrew T. Richmond 
Reeves W. Mahoney
Nicole M. Thurston
L. Ashley Brooks
Jessica N. TrotmanVirginia Beach Location
Chesapeake Location
Phone
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