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Reply to "Do I really need to have a will in VA?"
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[quote=Anonymous]The most important thing from an asset perspective is to have beneficiary designations on your accounts which will keep most of your assets out of probate and reduce estate administration costs dramatically. One thing to consider is a trust for your toddlers so that they do not have access to (some/a lot?) of money when they turn 18. Perhaps phased distributions.[/quote]
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