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...
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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...
Know the difference between a prenup and a postnup
More often than not, couples merge personal possessions after marriage. You likely have some idea what assets are yours and what are your spouse’s – this may be important information if there’s ever a divorce. People often fear what will happen to their assets if...
Helpful tips for telling your kids about divorce
Realizing that your marriage is ending is difficult for anyone. However, something that is often harder is telling your children about the upcoming divorce. While this may be a conversation you aren’t looking forward to, you must speak to your children about the...
What should you do if your kids hate your child custody plan?
Divorcing and newly divorced parents in Brambleton and other Virginia regions worry about the effects of divorce on their kids. Divorce is hard on everyone, and the youngest family members often find it hard to cope with a split. A byproduct of these coping...
How can you fairly handle your home in your estate plan?
You may have fallen in love with your home the moment you first toured it, or you may already be the third generation of your family to own this particular property. Either way, you may view your home as your most valuable possession and also have a significant...
How does equitable property division work in a Virginia divorce?
If you cannot agree with your spouse on a fair way of dividing your marital property, state laws will determine how things will go. A Virginia family law judge will preside over the property division process, where the marital assets will be divided equitably....
Financial planning for a gray divorce
People over the age of 50 are divorcing at record rates. While there are several reasons attributed to these late-in-life divorces, it’s important for divorcing couples to realize they may face unique financial issues along the way. When you have been married for...
