People who are coping with major medical challenges sometimes become incapable of properly providing for themselves. For example, older adults may struggle to make the best choices about the medical care that they receive because they focus too much on avoiding a...
One key step in estate planning doesn’t require putting a legal document in place. It simply involves designating beneficiaries for your retirement accounts. Federal employees can also designate one or more beneficiaries for their Thrift Savings Plan (TSP). Federal...
Estate planning can introduce confusing terminology you might not completely understand. Phrases or words may sound alike and seem interchangeable, but crucial distinctions exist. For instance, a living will is not just another term for a traditional will – it serves...
Naming a guardian for your child is one of the most important things you can do as a parent. It’s one of several ways to ensure your child will be well looked after should you perish before they turn 18. Selecting the right person is critical but not always easy. Here...
Divorce involves going separate ways, not just emotionally but financially too. If you and your spouse have decided to end your marriage, the assets you acquired as a couple, collectively referred to as marital assets, will need to be divided. There are several ways...
Power of Attorney (POA) is a legal instrument that grants someone the authority to make decisions on another person’s behalf. This authority can be broad or limited, covering financial, healthcare or other specified matters. While it is a crucial tool for managing...
While overall divorce rates have fallen, there is a demographic that is seeing an increase in divorce. Older adults who have been married for decades are divorcing their partners in what is called a 'gray divorce.' While a gray divorce has many unique challenges, one...
Are you confused about the differences between guardianships and conservatorships? Legally, these two entities are quite similar and are often used interchangeably. Educating yourself on their differences can help ensure you make informed decisions when planning your...
Whether or not mental health issues are a reason for divorce, they can make the process much more stressful. They can be triggered or worsened by stress as well. People in Virginia who are getting a divorce may need additional strategies to help them cope with...
Married couples in Virginia who have problems within their relationships have options. However, if resolving things seems impossible, they might call it quits. This is never an easy conclusion to reach; as a result, it’s crucial to compare the pros and cons of...