Everyone is in a unique position with respect to their estate, not only as a result of their financial circumstances but family matters as well. For example, if one of your family members is estranged, you likely have different issues to consider with respect to your...
Many people decide to set up a will in order to protect their estate and ensure that their loved ones receive the support they need down the road. However, there are many issues to take into consideration when it comes to creating a will and you need to understand the...
Many married couples have children that they can leave their estate to. If you don’t have any children of your own, estate planning might not seem like a priority. Still, just because you and your spouse are a childless couple does not mean you have no one to leave...
Our readers in Virginia know that drafting an estate plan needs to be a comprehensive effort. That means including a will, power of attorney documents, healthcare directives and potentially even a trust in most, if not all, estate plans. However, every person’s family...
Many residents of Northern Virginia avoid filing a petition for bankruptcy because they are afraid that the court will seize all of their assets, including their home. This belief greatly overstates the power of the bankruptcy court and distorts the exact working of...
Filing for Chapter 7 bankruptcy or Chapter 13 bankruptcy is a big step. It is not something you should do lightly before getting all the facts. Which form of personal bankruptcy is right for you? What is the process like, and what long-term effects should you expect?...
Trusts are a valuable estate planning tool that may sometimes be less understood than other estate planning tools. As a consequence, estate planners should understand the different types of trusts and how they can help them. Trusts manage the property of the estate...
Your expectations for the future can drastically change at a moment’s notice. This can make it difficult and even uncomfortable to plan for the future you cannot predict. While the world is always changing, there is something that you can be comfortable knowing – your...
Filing bankruptcy of any kind is often a hard pill to swallow for many. Generally, by the time a person has made up their mind to file, the debt battle has been fought for many hard years. Whether due to unforeseen circumstances, bad choices, or some catastrophic...
Knowing what it takes to make a will valid is an essential part of the estate planning process. Because of the critical role a will plays in a comprehensive estate plan, it is important that any will executed by the estate planner is valid so it can protect and honor...
