For your estate plan to be effective, it needs to take advantage of the latest tax laws. With a new government in place this year, there may be changes ahead. A group of senators recently presented a proposal known as the “For the 99.5% Act.” If you have considerable...
Experienced, Compassionate and Effective Advocacy
Month: March 2021
Deciding on your tax filing status if your divorce wasn’t finalized last year
Filing income taxes comes with a number of changes and considerations after divorce. However, what if you and your spouse haven’t finalized your divorce yet – or perhaps haven’t even begun it? Maybe it was finalized early this year. Unless you filed for legal...
3 things not to say when you’re involved in a crash
When you’re involved in a serious collision, there are a lot of things you might want to say. From yelling at the other driver who caused the crash to apologizing for your role in it, you may think that speaking your mind is the best thing to do. The truth is that...
Common estate planning misconceptions that you should know
There's a lot of misinformation floating around about estate planning. Urban legends and myths grow out of someone's exaggerated story and can affect countless other people by misleading them. Half-truths and hyperbole take on a life of their own and have come to...
Virginia police issue reminder of St. Patrick’s day road dangers
Virginia State Police have issued a timely reminder that drinking and driving do not mix. Official St Patrick’s Day celebrations will not be going ahead in Richmond this year. Yet, that will not deter many from having a celebratory drink. How big is the drunk driving...
A look at trends in divorce
Divorce, like most things, moves with the times. While divorce has become less frequent overall, it has become more common among those aged over 55. Why has divorce become less frequent? The rate of divorce is at its lowest in years. There are several reasons to...
Why Millennials need estate plans
The Millennial generation is growing up. The oldest in that age group are now well into their 30s, and the youngest in their mid-20s. That means it’s definitely time for them to start thinking about their estate plans. While it is true that you can make your estate...