Articles list
Don’t Get Scammed by Mail from "Local Records Office"
We recently had a few clients call because they received what looked like an invoice from their “Local Records Office”, billing them for a copy of the deed to…
Legacy Planning: Think Several Generations Ahead
According to an ancient Chinese proverb, “Wealth does not pass three generations” -- the first generation builds the wealth; the second generation is inspired…
The Important Relationship Between Estate Planners and Financial Advisors
The relationship between estate planning lawyers and financial advisors (of all types – CFPs, investment advisors, insurance professionals, CPAs, and other…
Banks Making It Harder to Deposit Cash Into Others' Accounts
Citing security concerns, most big banks now prohibit customers from depositing cash into personal bank accounts of which they are not a joint owner or an…
An Estate Planning Checklist: Things to Consider Before Remarrying
As a romantic, I believe that marriage (even the second time around) is a wonderful thing. That said, the attorney and the realist in me knows that sometimes…
Experiences, Not Things: Gifting Travel to Heirs Via the Use of Trusts
The holiday season is upon us and, across the country, Amazon shopping carts will once again start filling up with gifts for loved ones. While America’s love…
Trusteed IRAs vs. Trusts as Beneficiaries – Which Strategy is Right for You?
You may have noticed a flurry of recently headlines involving “Trusteed IRAs” as many financial organizations have been promoting them as their latest and…
20% Property Tax Credit for Montgomery County Homeowners Ages 65+ Who Have Owned Their Homes for 40+ Years OR Are Military Retirees
*NEW* Property Tax Credit for Elderly Individuals and for Military Retirees (Bill 42-16 and Bill 13-17) On March 7, 2017 the Montgomery County Council passed…
What Is the Difference between Asset Protection and Estate Planning?
Virginia residents who would like to protect their property often use two different channels to accomplish this goal: asset protection and estate planning.…
Still the Greatest: Lessons from Muhammad Ali’s Financial Legacy
Over the course of his career, Muhammad Ali made approximately $57 million. At first glance this seems like a large sum of money, but once you consider that…