Probate is the court-supervised process of authenticating a last will and testament if the deceased made one. It includes locating and determining the value of the decedent's assets, paying final bills and taxes, and distributing the remainder of the estate to the rightful beneficiaries. Probate can be a costly and time-consuming process, but it can be avoided fairly easily.
In a world which seems to change with each social media post, you can rest assured in our systematic process, aimed at helping you achieve financial success.
Get to Know Our Summer Intern ~ Q & A with Jhonny Soto
Our team at Washington Wealth Advisors is delighted to welcome Jhonny Soto to the team as our summer intern. Jhonny is currently studying finance at Virginia Tech and excited to work with us on some internal projects to support our delivery of excellent client service. We thought you’d like to learn a little more about Jhonny and his goals after graduation. We hope you enjoy this Q and A and wish Jhonny the very best in pursuing his goals. He has a very bright future!
How to Avoid Retirement Woes
Our 'Exceptional' Guardian Advocacy Journey, Part 1
Author: Scott G. Russell, CFP®
It’s official: Money is stressful. Surveys consistently show that money is the top source of stress for American adults. More than a quarter of Americans say they feel stressed about money most or all of the time. Only 30 percent rate their financial security as high, and more than two-thirds believe that more money would make them happier.
When most people think of retirement, fears about financial challenges frequently come up. With so many people not having any retirement savings at all, benefits like Social Security often make up most or all of the income that retirees get.
Since World War II, obesity rates in the United States have skyrocketed, our net national savings rate has plummeted and American adults and kids alike have allocated a rapidly rising proportion of their free time to staring at electrons dancing on screens.
In December 2012, a landmark study was launched to determine a national retirement peace of mind. It included more than 6,000 respondents age 45 and older.