When it comes to the bankruptcy process, many people recognize the financial advantages of eliminating debt. However, it is also important to think about some of the health-related benefits of getting rid of excessive debt. In fact, many people experience positive...
Month: August 2020
New parents should not wait to execute an estate plan
The birth of a child is one of the greatest moments in a new parent’s life. Becoming a parent brings many responsibilities to ensure the child is protected, well cared-for and loved. One step new parents in Northern Virginia should not put off in protecting their...
Are you leaving things out of your estate plan?
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...
A special needs trust might be the best way to care for your loved one
If you have a loved one who is getting older or has special needs, then you’re probably worried about what their future will look like without you there to help care for them. This is a valid concern, and one that you shouldn’t let go unaddressed for too long. If you...
Understanding bankruptcy exemptions
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...