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As a parent, you worry about your children every day. They are never far from your thoughts, and when you create your estate plan, you should consider what will happen to your minor children. Of course, this means using estate planning instruments like wills and...
About 50% of active-duty personnel in the military are married, and 40% of those families have children. But, as in civilian life, some of these marriages will fail. For military families, navigating divorce presents layers of complexity unique to the military sphere....
As a parent or grandparent, you may want to encourage your family to value hard work and education. To help your family reach their full potential, you can set money aside to pay for their education. One way to do this is through a 529 plan. Not only can a 529 plan...
Divorce is not the only way to dissolve a marriage in Virginia. For some couples, an annulment might be an option -- though only in limited circumstances. The two are subtly different. A divorce legally ends a marriage. An annulment makes it as if, legally speaking,...
Credit card companies pursue consumers aggressively for delinquent or unmade payments. However, sometimes, consumers cheat businesses and one another, which seems to be happening more and more lately. Statistics reveal that “friendly fraud” increased by between 20 and...
When Virginia judges give custody orders, they are based on the circumstances of the parents and children at the time of the order. But, over the years, a child’s needs change. They may need more or less childcare, experience new medical needs, or attend different...
Trusts are among the most powerful tools in estate planning, but they can be confusing. If you are not familiar with the legal terms and concepts involved, you may not know where to begin when you are deciding what type of trust, if any, you want in your estate plan....
Some Virginia people who are planning to marry will sign a prenuptial agreement. Some of those people will later conclude that they do not like the terms of the prenuptial agreement that was signed when their relationship was in a better place. The question then...
Going through divorce is tough enough as it is, but matters can be even more stressful and overwhelming when you’re in the midst of a high-asset divorce. Here, you have to make very important financial decisions that could affect your stability for years to come. With...
To some people (especially those on the outside looking in), a gray divorce seems no different than any other type of divorce. The term, “gray divorce” refers to people who divorce over age 50. The children of couples in that age bracket are usually grown and often...