Often, we come across clients who, when dealing with the death of their spouse, learn that their spouse owed a lot of debts to different creditors. Are you responsible for your deceased spouse’s debts? This article explains the debts that a surviving spouse would be responsible to pay on behalf of the deceased spouse. Takeaways:…
Continue reading ›Start Your 2023 on the Right Foot – With an Estate Plan The advent of a new year is, to many people, the opportunity to start fresh. Maybe this is the year when you start a new career and do a job that you love. Maybe this year you want to fulfill your dream of…
Continue reading ›If you are struggling with a medical condition that is negatively impacting your ability to perform your job, there are many different disability benefit programs out there that you may be able to take advantage of (some of which you may have never heard of). This article will serve as a general guide so that…
Continue reading ›By | Shafeek Seddiq No doubt, COVID-19 has hit every sector of our economy, including real estate. Economists predict a recession is more likely to happen resulting in widespread unemployment and loss of national income. Some economists predict the economic impact on the real estate market, particularly in Virginia, will not be as severe as…
Continue reading ›By | Shafeek Seddiq By now many of you who have been financially impacted by the COVID-19 have applied or are in queue to apply for . Applicants who were approved during the initial round will be receiving their loans proceeds soon. Others should prepare and be ready for the next round. After you spend…
Continue reading ›By | Shafeek Seddiq The COVID-19 has created fear and uncertainty in our lives, and with thousands falling ill, it has also raised some legal questions. One of those legal questions is: Do I need a Power of Attorney (POA) if I get sick? POAs are applicable when a person is still alive but not…
Continue reading ›By | Shafeek Seddiq Small businesses across the nation, and in Virginia, have been hit hard by the virus through mandatory closures to slow the spread of the virus. Some small businesses, in particular restaurants, have seen the impact already and may not survive for long if some relief is not given soon. Rent is…
Continue reading ›By | Shafeek Seddiq Virginia has a long history as a “business friendly” state. It still remains. Of course, many choices of business entities and new laws have also made it complicated to choose and set up a business. Generally, the question I am asked is not so much where and how to file for…
Continue reading ›By | Shafeek Seddiq Why Should You Care About Your Business’s Annual Filing with the Virginia State Corporation Commission? Owning a business is a tremendous responsibility and hard work yet also rewarding. One of those responsibilities is the filing of your business entity’s (corporation, limited liability companies, general or limited partnership) annual report and fees…
Continue reading ›By | Shafeek Seddiq Factors to consider before signing that commercial lease agreement You formed a new business – restaurant, convenience store, used car dealership, real estate brokerage firm, so on – and now you’re ready to lease a new space and make money. The landlord gives you a 30-page commercial lease contract, most likely…
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