The transfer of “stuff” from the deceased to his or her loved ones can cause the most conflict because the value of the property is often more sentimental than financial.
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Despite the out-of-control feeling many of us parents may have this Fall, it is important that we approach this new school year with positivity and with a clear intention for what lies ahead. That’s why I want to invite you to create your very own New School Year Resolution.
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A lot of parents don’t realize that, once their kid turns 18, they may not be legally entitled to their child’s medical information. Without express documentation, parents could be kicked out of the hospital room, excluded from treatment decisions, and left out of the loop when their kids need them most.
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As you begin thinking about your estate plan, take some time to shop around and find the right attorney for you. While price may be a factor, finding an attorney whose process and philosophy aligns with your goals is essential. Estate planning doesn’t need to be a painful process. In fact, it can be a gratifying, rewarding experience if you choose well.
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In the past, pets were not formally included in an estate plan. When a pet owner passed, the pet would either be taken in by a family member or put up for adoption.
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Just like our family and friends, it is important to create a plan that ensures that our beloved pets will be cared for in the future.
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This year, the “going away to college” thing looks a little different. However, your teen is growing up, starting their own life, and pursuing their dreams. Sooner or later, it will likely lead them away from the home.
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You know what’s rarely talked about? What comes after you create your estate plan? How do you actually fund your trust once you’ve created it?
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When many people think about “estate planning,” they think about it in terms of age. Estate planning is often associated with retirement, prolonged illness, or preparing for passing. For that reason, it’s not something that is talked about often outside of post-retirement communities. However, estate planning is crucial no matter where you are in your life.
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Although cost-saving and avoiding unnecessary expenditures is a savvy idea, there are some areas where it really doesn’t pay to get the cheapest deal. One of those areas is estate planning.
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With the coronavirus disrupting so many people’s incomes and financial security, we thought there is no better time to dive into the subject of making personal loans to friends and family.
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Q. I was injured in a car accident. Before the pandemic started, my doctor recommended regular physical therapy. Now, I don’t want to go out, so I’m just not getting medical treatment for my recovery. Is this going to impact my personal injury claim?
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In households across America, this public health crisis is raising typically taboo topics and thrusting these conversations into the light. But, do we all know how to do it?
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Creating a plan is like weaving a safety net. You don’t want to be doing it when your hands are shaking and something truly scary is looming. You want to weave that safety net now, in moments of relative calm, so if the worst comes, you can focus on getting well, not worrying about “what if.”
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Being a business owner in the time of COVID-19 is full of uncertainties, to say the least. For many businesses throughout Northern Virginia, revenues have slowed and future projects have been put on hold.
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In just the past few weeks, the COVID-19 concern has risen to new heights. Of course, we should be careful during flu season every year. This year, however, the threat to health and wellbeing is elevated by a global pandemic. Does this mean it’s time to panic? No, it does not. But, there are things we can do to protect ourselves and our loved ones.
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They say nothing kills the romance faster than getting mixed up in a financial dispute. As a collection law practice, we don’t just represent companies with outstanding invoices. Regularly, individuals come to us with requests to collect debts of a more personal nature.
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When forming a new business, there are a number of entity structures to choose from. A Limited Liability Company (LLC) is one structure that many business owners choose because it is relatively simple, and it is more flexible than a traditional corporation.
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There are important pieces that must be in place to make a contract enforceable by law. One of these pieces is knowing who the parties are and properly naming them in your contract. How is it possible to enter into a contract without knowing the parties involved? It’s actually a lot more common than you might think.
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Check out our checklist for how to get started with your estate plan!
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