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In Virginia, they ensure privacy and avoid probate delays and the probate tax. But trusts cost $1,000 or more in legal fees. You will still need a pour-over will naming the trust as beneficiary.
A prenuptial agreement, antenuptial agreement, or premarital agreement (commonly referred to as a prenup), is a written contract entered into by a couple before marriage or a civil union that enables them to select and control many of the legal rights they acquire upon marrying, and what happens when their marriage ends by death or divorce.
Banks, brokerages, and government agencies often require a certified copy of the letters before accepting the administrator's authority to collect the deceased person's assets." [ 1 ] If a deceased has a surviving spouse, this individual will have priority in receiving a letter of administration over others, including children; age alone does ...
Service on a Virginia corporation may be effected on any officer or director of the company, or on the company's registered agent (every company is required to name a registered agent); however, if no registered agent has been named (or the named agent can not be found at the address provided), then substituted service can be effected on the ...
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The clerk serves an eight-year term, earns $162,740 a year, and has more than 800 responsibilities listed in the Code of Virginia. [1] In 2017, Jacqueline Smith and Virginia's 50th House of Delegates district delegate Jackson Miller ran in a special election for the office, to complete the term that ends in 2023. [2] The election was won by ...