Davis Law Group, P.C.

Loan, Gift, or Advancement: Why the Classification Matters

While we all want to provide financial help to our loved ones—whether they are family or close friends—it is important to understand that how the money is classified will directly affect your estate planning.

Accordingly, the intent behind the transfer of the money is key when determining if it will be considered a loan, gift, or...

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January 27, 2021

Douglas Davis

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Davis Law Group

757, advancement, aid, beneficiaries, Chesapeake, coastal virginia, counsel, currituck county, dare county, Davis Law Group, estate, estate attorney, estate planning, financial planning, gift, greenbrier, Hampton Roads, hrva, inherit, inheritance, Law, lawyer, legal, loan, nc, Norfolk, North Carolina, northeast north carolina, Outer Banks, Portsmouth, southeastern virginia, Suffolk, Tidewater, trust, trust administration, va, Virginia, Virginia Beach, will

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How Refinancing a Property Can Affect Your Estate Plan

The mortgage business is booming in Virginia!
Historically low interest rates have created an environment with homeowners scrambling to refinance their home loans at these low rates. Even a few tenths of a percentage point of interest over thirty years can make a massive difference in the amount of interest that is ultimately paid on a...
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December 3, 2020

Douglas Davis

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Estate Planning & Administration, Real Estate

757, attorney, bank, Chesapeake, deed, greenbrier, Hampton Roads, home, home loan, house, housing market, hrva, interest rates, Law, legal, lender, lending, loan, mortgage, Norfolk, Portsmouth, real estate, refinance, Suffolk, Tidewater, title, trust, va, Virginia, Virginia Beach, will

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SBA Economic Disaster Assistance: Express Bridge Pilot Program

What SBA Economic Disaster Assistance is Available in Response to COVID-19 Part II: SBA Express Bridge Pilot Program

Overview
Pursuant to its authority under the Small Business Act, the U.S. Small Business Administration (“SBA” or the “Agency”) provides direct loan assistance to small businesses located in communities impacted by Presidentially-declared disasters and disasters declared by SBA under...
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April 1, 2020

SuAnne Bryant

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Business, Business Planning, Employment

advice, attorney, Chesapeake, coastal virginia, coronavirus, corporate attorney, corporate law, covid-19, Davis Law Group, disaster loans, DLG, economic disaster assistance, economic injury disaster, employer rights, employment attorney, employment law, employment lawyer, federal loan, federal relief funds, Hampton Roads, hrva, Law, lawyer, legal, loan, loans, Norfolk, Portsmouth, relief funds, sba, Suffolk, Tidewater, va, Virginia, Virginia Beach, workers rights

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What SBA Economic Disaster Assistance is Available in Response to COVID-19?

Part 1: Coronavirus Preparedness and Response Supplemental Appropriations Act, PL 116-123 (March 6, 2020)
ECONOMIC INJURY DISASTER (“EID”) LOANS As authorized by PL116-123, the SBA has made Economic Injury Disaster Loans ("EID Loans") available for qualifying businesses that have suffered economic injury as a result of the Coronavirus epidemic. Below is a summary of the SBA's eligibility...
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March 31, 2020

Douglas Davis

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Business, Business Planning

attorney, business attorney, business law, business loan, CARES act, coronavirus, covid-19, disaster area, economic injury disaster, eid, federal, government assistance, Law, lawyer, legislation, loan, relief act, sba, small business

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Tag Archives: loan

Loan, Gift, or Advancement: Why the Classification Matters

While we all want to provide financial help to our loved ones—whether they are family or close friends—it is important to understand that how the money is classified will directly affect your estate planning.

How Refinancing a Property Can Affect Your Estate Plan

The mortgage business is booming in Virginia!

SBA Economic Disaster Assistance: Express Bridge Pilot Program

What SBA Economic Disaster Assistance is Available in Response to COVID-19 Part II: SBA Express Bridge Pilot Program

Overview

What SBA Economic Disaster Assistance is Available in Response to COVID-19?

Part 1: Coronavirus Preparedness and Response Supplemental Appropriations Act, PL 116-123 (March 6, 2020)

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