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...
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...
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?...
Most Virginia residents who are struggling with seemingly insurmountable debt look at every option to attempt to address the problem. Many people have thousands of dollars in credit card debt, for example, so they look to consolidate the debt on a low interest credit...
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...
Even during a strong economy, many Americans are only one unfortunate event away from financial instability. This event oftentimes arises from the onset of an unexpected medical condition that requires extensive treatment or the loss of a job. But a divorce can also...
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...
