Business owners in Virginia may spend many years cultivating their enterprise. However, sometimes an opportunity to transfer ownership of the business presents itself. This is known as a "buyout." A buyout is a transaction under business law in which ownership of a...
Month: March 2019
Keep retirement in mind when dividing assets in a divorce
Many people in Virginia understand that it is important to plan financially for their future, so they contribute a certain percentage of each paycheck to a retirement account. Some people are even lucky enough to have pensions, and many also count on receiving Social...
Why would I want to include a revocable trust in my estate plan?
People executing an estate plan have a lot of options to consider. One estate planning tool that many people in Virginia find useful is a revocable trust. A person (known as the grantor) can execute a revocable trust but, as the name implies, retains the ability to...
Should Virginia drug dealers be held responsible if death occurs?
Most Virginians would agree that too many people die because of illicit drug use. They may accidentally overdose, or the drugs could unknowingly be contaminated with other substances. These are very unfortunate situations. However, should drug dealers be charged with...