People in Virginia may wonder, "Should I have an estate plan?" After all, thinking about one's death is unpleasant, and some people may want to avoid making the tough decisions that must be made in the estate planning process. Moreover, when the Tax Cuts and Jobs Act...
Year: 2018
Virginia courts may consider certain factors in property division
Some of the hardest decisions a couple going through a divorce in Virginia will have to make have to do with dividing their property. After all, over the course of their marriage they may have accumulated many highly-valuable assets such as a house, vacation home,...
Eight Virginia college students facing drug charges
Many young adults in Virginia take their college studies very seriously. They hope that, by doing well in their classes, they will graduate and be able to find a good job. However, there are certain things that could jeopardize a student's higher education goals. For...
How to know if it’s time to move into a nursing home
You want to move your parent into a nursing home, but he or she remains very resistant to the idea. Whenever you bring it up, it gets shot down quickly. You start to question yourself. Is it really time for a nursing home? Or is your parent right that living...
What are some different types of business mergers?
People in Virginia may frequently hear of business mergers in the news, but may not pay too much attention to them. However, it is important to note when a merger occurs, as it will change the business landscape with regards to the products or services sold and the...
5 reasons debt can be good, but can still lead to bankruptcy
For five years, you tried to avoid all business debt. You had some cash on hand to start the company. You started small and tried to scale things up as you went. You ignored bank loans. You didn't even want to ask investors for money. If all of the money was your own,...
Making a parenting plan work during the school year
When two parents in Virginia divorce, they will need to develop a parenting plan. This plan will address child custody and visitation. It is important that the child is able to form a strong bond with each parent. Divorce can be difficult for a child, so if the...
Anticipate the unexpected through estate planning
Many people in Richmond have had the foresight to see that they have assets they want to pass down to loved ones through an inheritance. Therefore, they may have created what they believed to be a well-rounded estate plan. They may even have executed a trust in order...
What types of business bankruptcies are available to Virginians?
Sometimes even the best laid plans fall through, and a business in Virginia decides it is in its best interests to file for bankruptcy. There are three kinds of bankruptcies applicable to businesses: Chapter 7, Chapter 11 or Chapter 13. What type of bankruptcy is...
Avoid these behaviors in a high-asset divorce
When a wealthy couple in Virginia decides to divorce, there is so much at stake. The couple may have spent years or even decades amassing a substantial amount of financial wealth. They may own several pieces of real estate, they both may have a lot of funds held in...
