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Estates

  • Estate Services

Estate Services

At Old Point, we take into account :

  • Your resources and expectations
  • Your family dynamics
  • Your current estate and retirement plan
  • Your assets, liabilities, business interests, potential inheritances, retirement accounts and liquidity needs

After a thorough review, recommendations are made, which might include the use of trusts, gifts and Will revisions. We help nurture your plan throughout your lifetime so adjustments are made to be sure your objectives are being met.

Naming Your Executor

Preparing your Will is a huge step in the right direction to begin your estate planning process. Naming an executor, the person you have designated to carry out the terms of your Will, is an important one. The executor's duties include collecting the decedent's probate assets, paying valid debts, managing estate funds, and ultimately distributing them to the beneficiaries in accordance with the terms of the Will. A friend or loved one so often has no idea where to begin.

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