Family relationships are complicated, and many families in Virginia have their fair share of squabbles. However, when it comes to estate planning, family feuds can complicate matters. A person might want to name some relatives as heirs but not others, or an heir might...
Year: 2019
Small business owners: Avoid these financial mistakes
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...
Include Medicaid planning in your estate planning process
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...
Why might one include a special needs trust in their estate plan?
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...
Spring is a good time to plan ahead for summer custody schedules
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...
How can Chapter 11 bankruptcy benefit Virginia businesses?
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....
Amazon CEO and wife reach settlement in their high-asset divorce
Amazon has become a household name and most people in Virginia have either ordered something from the online retail giant at some point in time or at least know someone who has. Therefore, they may be interested to hear of the outcome of the divorce of Amazon CEO,...
Detecting drugged driving remains a problem
While a person in Virginia may lawfully be prescribed medical marijuana for certain conditions, that doesn't mean that the use of the drug couldn't land them in legal hot water. Specifically, not unlike alcohol, police who suspect a motorist is driving while high on...
Prenup at issue in Dixie Chicks singer’s high asset divorce
Virginia residents may be fans of the country music band, the Dixie Chicks and the band's lead singer, Natalie Maines. In 2017 Maines filed for divorce from her husband on grounds of irreconcilable differences. The couple have two teenage sons. Maines' husband is...
Prevent challenges from heirs with a “no-contest” clause
A will is the cornerstone of a comprehensive estate plan and allows an individual to designate who inherits certain assets and personal belongings. However, in some cases, heirs may challenge the validity of a will — leading to costly legal battles and irreparable...
