When people get divorced, they often have an understanding that they need to divide their assets. They know that the assets they purchased with their ex during the marriage are owned jointly and have to be split. But what about debt? Do you still owe for debt that...
Client-Centered Solutions
Month: July 2020
Factors to consider when making a parenting plan
Parents going through a divorce need to put their kids' best interests first, and a parenting plan helps them achieve that. Divorce with kids involves many aspects, but this plan may make work more manageable. You and your ex-spouse will agree on a visitation schedule...
3 considerations for divorcing business owners
Deciding who gets what can be a huge area of contention in a divorce. If you and your spouse own a business in Ashburn, things could get complex. The business may be your most valuable asset, and both parties may want a share of it. If you have pre or post-nuptial...
Can you have an amicable divorce? Use these 3 tips for success
January is one of the two times of the year (the other is around August) when there’s a spike in the number of new divorce filings. If you’re among the crowd that intends to make a new life for yourself in the new year, you already know that breaking the news to your...
Views on money can lead to divorce
It is often said that infidelity is the number one reason for divorce in the United States. But did you know that money is the second-most common reason that is cited? Arguments and disagreements about money, along with other factors, like financial constraints in...
Addressing psychiatric care in an advance directive
One of the first estate planning documents that people are typically encouraged to draw up is an advance directive for health care. Anyone who’s legally an adult should have one, even if they don’t have a will yet. In it, people typically state their wishes should...
Important estate planning reminders if you have a TSP
A number of federal employees and retirees live in and around the Reston area. If you’re one of them and you’re preparing to put your estate plan in place, this is a good time to consider what will happen to your Thrift Savings Plan (TSP) after you’re gone. This means...
Here’s why you don’t want a DIY will
Estate planning has been on your mind for a while now and you’re ready to get to it. The first thing you want to do is create a will, and you’re considering a do-it-yourself version. This is certainly lawful in Virginia, but is it advisable? Not really. DIY wills are...
Who is the most important person in a divorce?
If you don’t have children, then there’s little harm in prioritizing getting what you want in a divorce. If, however, you have kids, then you need to put them first. At least, that is what people might tell you. When determining custody, courts use the child’s best...
Tips for estate planning in Virginia
Estate planning is perhaps the most important and simultaneously the most procrastinated family planning task. Understandably, people don’t want to think about their mortality, but after all the work you put into saving money for your retirement or passing on to your...
