Can my Minor Children be Beneficiaries of my Estate?

Video

Yes, they can. But in Virginia, as well as countless other jurisdictions, there are restrictions to when and how minors can receive assets from an estate. Establishing a thorough estate plan can help you ensure optimal execution of your estate’s distribution to your children.

The short answer is yes, but that doesn’t necessarily mean you shouldn’t ensure your current documents are optimal for your new state of residence. Hale Ball partner Loretta Williams discusses out-of-state wills and how to handle them.

 

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