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...
When a Virginia couple decides to terminate their marriage, they face many troubling issues. Among the most difficult is the division of marital assets. Virginia judges follow the “equitable distribution” rule, under which the judge is directed to divide the couple’s...
In Virginia, when a person is arrested for driving under the influence of alcohol or drugs, they might have a vague notion of the basic penalties they might face. These include the possibility of fines, jail time and a loss of driving privileges. However, there are...
When parents decide to get a divorce, the children are often the ones who are most affected. Generally, when a couple gets divorced, the child has to travel back and forth between their parents’ homes, as opposed to living in the same house as both parents. Even with...
Maybe you saw it coming. Maybe you didn’t. Either way, being informed that your spouse is seeking divorce can be heartbreaking, stressful and overwhelming. You might be confused and worried about the future. These emotions can make it difficult to figure out what to...
It is said that nothing in life is guaranteed except death and taxes, and an estate plan is a plan for these eventualities. However, part of every estate plan should be a plan for the possibility of incapacity. What does incapacity mean? Incapacity refers to any time...
Single parents often struggle with having enough money to provide their child with the best possible life. The purpose of child support is to ensure that a child has financial stability when their parents live in two separate households. The child support process can...
