Many people choose to prepare a revocable living trust as the basis of their estate plan rather than joint ownership or a will because when it is properly prepared it avoids the public,
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When a loved one dies, their money and property has to be distributed to the appropriate people according to the will, or the state’s laws if a will is not in place. Even
The legal term “guardian” refers to someone who cares for another individual, often a minor child, who needs special protection for a variety of reasons. Although parents of a minor child can name
Client have occasionally asked us whether their estate plan can include a right of first refusal (ROFR) on assets in their estate. To illustrate this issue, here’s a hypothetical scenario: The Family Farm
You probably don’t want to make a resolution that requires you to think about your own mortality and what will happen when you’re gone, but if you haven’t finished your estate plan, it’s
Equality is a noble concept and one many people turn to when deciding how to divide up their estate. There are many circumstances in which equal distribution of assets among beneficiaries is the
One of the most common forms of property ownership in the United States is joint tenancy with rights of survivorship (JTWROS or joint tenancy). But what is joint tenancy? Joint tenancy is a
Virginia has historically been known as a business-friendly state, with relatively few laws enacted specifically for the protection of employees. That reputation will certainly change as the seismic shift in the political landscape
News about the coronavirus is everywhere, and we have all been affected by it in many ways. Although in many ways the situation is beyond our control, we are not powerless. There are
As the Coronavirus continues to disrupt daily life and leave Americans uncertain of the future, we want you to know that you don’t have to feel helpless during this pandemic. In fact, now
