Employee … or Independent Contractor?
In times of growth small business owners have often had to determine whether they should outsource work to independent contractors or hire additional part time or full time employees.
Do I Need Estate Planning?
Like many, you may think that estate planning is simply the writing of a Last Will and Testament, but a Will is only one part of the process. Your estate plan does not have to be complicated, but it should be complete.
Davis Law Group on Twitter!
Make sure to follow Davis Law Group, P.C., at their new Twitter account
Free Estate Planning Seminar on Friday, November 30, 2012 at Chesapeake Regional Medical Center
“Estate Planning Mistakes – and How to Avoid Them” — Friday, November 30, 9-10 a.m. — Presented by Doug W. Davis, Davis Law Group, P.C., and Robin W. Tull Jr., CFP, Tull Financial Group, Inc.
What is a Living Trust?
?The Revocable Living Trust (“Living Trust”) is a bedrock foundation of the modern estate plan. A properly drafted Living Trust offers you complete asset control during your lifetime; provides for you and your loved ones in the event of incapacity; and upon death, allows you to pass your assets to loved ones without the costs, delays, and publicity associated with court probate.
Virginia Homeowners Benefit from State and Federal Mortgage Foreclosure Settlement
Virginia Attorney General Ken Cuccinelli agreed to the $25 billion joint federal-state settlement for victims of foreclosure abuses and fraud.
Estate Planning and the Changes to Virginia Law
Effective Monday, October 1, 2012, several major sections of the Code of Virginia will be forever changed. The legislation by the Virginia Senate and House, which was signed into law by Governor McDonnell, creates Title 64.2 (Wills, Trusts, and Fiduciaries).
Virginia Requirement of Written Brokerage Agreements for Realtors®
Effective July 1, 2012, Virginia agency law was revised to require written brokerage agreements between licensees (Realtors®) and their clients (buyers or sellers) when a brokerage relationship is established.
New Guidelines Set to Expedite Short Sales
On Tuesday, August 21, 2012, the Federal Housing Finance Agency announced in a news release that Fanny Mae and Freddie Mac are issuing new guidelines that will make the short sale process easier and quicker. The news release states that the “streamlined program rules will enable lenders and servicers to quickly and easily qualify eligible borrowers for a short sale.” This is great news for everyone, especially sellers, buyers and realtors.
