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Have you ever asked yourself “what happens if I can’t find the Will?” A recent Virginia Court of Appeals ruling discusses this question as well as the importance of keeping your estate planning documents safe. In the case of Glynn v. Kenney 2023 Va. App. LEXIS 176 (2023), the decedent’s home was a complete mess.…

Often times we are asked what the difference is between a Trustee of a Trust and a Financial Power of Attorney. Knowing the difference is important because both a Trustee and a Financial Power of Attorney can be appointed immediately upon a finding of disability, depending on how your trust document and Power of Attorney…

What makes a person a good Trustee? What are their duties? A trustee is a person or entity that holds and manages property or assets for the benefit of one or more beneficiaries. The trustee has a fiduciary duty to act in the best interests of the beneficiaries and to manage the trust assets prudently…

A FERS disability retirement (FDR) claim is one of the most valuable benefits that federal employment can provide. If you are successful on an FDR claim, you may be entitled to receive up to 60% of your “high-3” salary in your first year of eligibility, and 40% of your high-three in each subsequent year until…

Estate planning is an important process that can help ensure that your wishes are carried out after you pass away, and it’s a good idea to involve your family in this process to ensure that everyone is on the same page. Here is how to discuss estate planning with your family: If you do not…

When we receive calls from clients who want help putting together an estate plan, many of them want us to draft a simple will. Considering that around two-thirds of U.S. adults do not have an estate plan, a simple will can ensure that your property falls into the right hands upon your death. However, after…

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:…

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…

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…

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…