How to Create a Power of Attorney in D.C., Maryland, and Virginia
Creating a power of attorney can give you peace of mind by empowering someone you trust to manage your affairs on your behalf in certain situations. McMillan Metro Faerber’s DMV area. attorneys have helped many of our clients create individualized powers of attorney that meet their unique needs.
Virginia Amendment Outlawing Same-Sex Marriage is Still in Place
Starting a Business in Virginia? Here are the Legal Steps to Take
Did you begin the new year with the goal of starting a new business in Virginia? If so, you’ll want to take all the necessary steps to get your business set up correctly. From deciding on the business structure to obtaining licenses and permits, there is some legwork involved. We’ll cover what you need to do to get your business up and running in Virginia.
Don’t DIY Your LLC
Over the last 20 years, limited liability companies have become the preferred way of doing business for many small and medium-size enterprises. That is primarily due to the fact that LLCs are easier to form than corporations. Unfortunately, that simplicity lulls many people into trying to do it themselves or working with forms provided online. Sure, if your LLC is only going to operate a kid’s lemonade stand for a couple of months over the summer, that might be good enough. But for most people engaged in real businesses with significant risks, it’s not.
Why Estate Planning Is Especially Important For Nontraditional Families
I was reading an article in The Atlantic the other day, and it got me thinking about estate planning and why it’s so important – especially for non-traditional families.
Powers Of Attorney: If You Need Them And Don’t Have Them, It’s Too Late
“Larry, my Mom had a stroke a few days ago. She’s in a care facility now and isn’t able to make decisions. The doctors and administrators are asking me to sign papers and make decisions for her. What do I do?”
Estate Planning In This Coronavirus Moment
Does this sound like you these days? Fresh out of bed, your day begins with a rush of COVID-19 news. Your email box pings with alerts. Memes crowd your social media feeds. And your smartphone vibrates with texts from worrying friends and family. On top of that, you have more time to think about it all a little too obsessively because you’re working at home instead of going to the office and you’re taking social distancing seriously. You ponder the uncertainties and wonder if there’s anything at all you can do about it.
Who Should Be In Charge If You Can’t Be?
Choosing the people to whom you want to assign responsibility in case the worst happens is a stumbling block that keeps many of us from creating estate planning documents, such as wills, trusts, and powers of attorney. Who should my executor be? Who could manage money for kids who will be my heirs? Who would I trust to make medical or financial decisions for me in an emergency? Who would be willing to raise my kids if neither of us was around?
Who actually owns your home? Check that deed!
Far too often, couples who live in homes together—married or unmarried—don’t understand how the ownership of their homes is actually structured. In the hundreds of times that I’ve sat down with couples to review their estates, we’ve uncovered ownership issues as often as not. Many of those less than ideal situations can be updated or repaired easily enough. But I have also seen too many cases in which one half of the couple becomes homeless after a break-up or the death of a partner or spouse.