If you're starting a small business, odds are that someone has pointed out just how often small businesses fail and asked you if that's really a risk you want to take. You have probably assured them that you know there is a risk, but you're ready for it, and you have the keys to success.
If you have spent a lifetime acquiring assets and developing a retirement fund, you probably don't think it's likely that you will need help from the government after you retire. After all, you may have Medicare to cover your expenses. However, Medicare is more limited than most people realize.
Raising a special needs child is an act of love, and many parents in Virginia who find themselves in such a situation want to do all they can to make sure their special needs child lives life to its fullest. However, parents of special needs children may be concerned about how their child will be cared for once the child is grown and the parents are no longer able or alive to care for the child. One way to address this scenario is through proper estate planning, and for many this includes the execution of a special needs trust.
Although it is still spring here in Virginia, it is not too early for divorced parents to address their summer parenting plans. Because children generally do not have school in the summer, this means that their summertime child custody and visitation schedule may look different from that they have in the school year.
Sometimes a business in Virginia falls on hard financial times. Even if a business slashes its budget it could find that it simply isn't making enough of a profit to meet all its liabilities. When this happens, the business may want to file for Chapter 11 bankruptcy. Any type of business, whether it is a corporation, a sole proprietorship or other type of business entity can pursue a Chapter 11 filing.