Not many life events are as stressful as the end of a marriage through divorce. It can open a floodgate of emotions and lead people to behave in extremely uncharacteristic ways. After all, divorce involves the future of things dearest to life – children, finances and,...
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Trusts
3 ways to address someone’s primary residence in an estate plan
After efforts to repay a deceased individual’s creditors, their remaining property will pass to their closest family members, including spouses and children, unless they have designated others as the beneficiaries of this property. Real property, including the home...
Why should you think about having a revocable living trust?
When considering estate planning, the range of options available can quickly make the process seem overwhelming. How are you supposed to decide what you truly need and what is best for you, your family, and your possessions? You might get recommendations from family...
What happens to a child custody order if a parent is jailed?
Going to jail can impact an individual’s life in a variety of ways. If a parent is convicted and incarcerated, one of their top concerns would be how this development will impact their parenting plan. Obviously, incarceration affects a parent’s ability to spend time...
Do you still owe your ex’s debt after a divorce?
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...
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...
