Doctors, lawyers, accountants and other professionals face particular challenges in their succession planning. Unplanned exits are at high risk for losing clients, revenue, and good will. Client replacement costs and other continuity challenges abound for the remaining partners and staff. On the other hand, an action plan to maximize profit in the sale of a…READ MORE
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Establishing an estate plan is a crucial step toward peace of mind. An estate plan typically includes the following documents: a Will, a Financial Power of Attorney, a Health Care Power of Attorney, and in many cases, a Revocable Living Trust. These documents help control your assets if you become disabled or pass away. The…READ MORE
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New federal guidance issued August 13, 2021 reinforces that all employers should implement multi-layered interventions to protect unvaccinated and otherwise at-risk workers and mitigate the spread of COVID-19. The District of Columbia and all major surrounding counties in Maryland and Virginia are considered to be areas of substantial or high transmission (as of September 15,…READ MORE
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If your spouse is threatening you with serious bodily harm or harassing or abusing you or your child, then you should seek protection right away. This article begins a series of articles designed to provide information to spouses, ex-spouses, children and other intimates of military members who are being abused. Also, if someone is seeking…READ MORE
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The Health Care Power of Attorney and the Advance Medical Directive are critically important estate planning documents. The Advance Medical Directive (often called a “Living Will”) allows you to make your wishes known about whether to withhold life support in certain contexts. The Health Care Power of Attorney allows you to name someone (usually called…READ MORE
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If you are looking to rent space in a building or property for your business, you should start by looking for the appropriate location for your specific use. The business use category will also affect the language and conditions of the lease and certain requirements for approval of the use. A restaurant or retail lease…READ MORE
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With a few specific exceptions, any asset acquired by either party during a marriage is considered marital property — regardless of how the asset is titled or which party purchased or earned the asset. If you are considering a divorce or marital separation, it is imperative that you discover all of the marital assets; including…READ MORE
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As the pandemic wears on and effective vaccines roll out to many adults, employers and employees are hoping to stop wearing masks in the workplace. To reduce labor risks, we advise employers to keep a workplace mask policy in place, remind all employees that the policy remains in effect, and directly address employees who do…READ MORE
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“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?” I receive calls like that frequently, and my immediate response is always: “Let’s look…READ MORE
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In states like Maryland and the District of Columbia where there is often a waiting period before a person can file a petition for a Final (or Absolute) Divorce, a Limited Divorce was created to provide a divorcing couple with an interim or temporary order. Without an agreement between the parties (or other grounds for…READ MORE
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