IS A LIFE INSURANCE TRUST (ILIT) AN IMPORTANT ADDITION TO YOUR ESTATE PLANNING DOCUMENTS?

Would you be surprised to learn that the death proceeds of your life insurance may be subject to federal estate taxation? Many believe that life insurance escapes estate taxes and passes to their loved ones without obligation. Even though they may have a small estate, their families may find that they owe hundreds of thousands of dollars in estate taxes because they own a life insurance policy with a substantial death benefit. Life insurance proceeds, while not ...

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Virginia Criminal Discovery Rules: The End of an Era?

Virginia Criminal Discovery Rules: The End of an Era?

Written by Kenneth Jacobson, Esquire

“Where there was confusion there is now clarity; where there were concerns for public safety there is now judicial oversight; where access to information has been absent, a pathway to knowledge has been provided; and where trial by ambush has been the norm there is now clarity and transparency.”

– The Honorable Thomas D. Horne, Leesburg, Virginia.

In February of 2013, the Indigent Defense Task Force of the Virginia State Bar ...

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Divorce: A Legal Procedure Roadmap

Divorce: A Legal Procedure Roadmap

By Christina Hardwick, Esquire

People are often confused and scared as they try to navigate the personal and emotional issues that come along with divorce. Trying to figure out the legal aspects can feel overwhelming, especially to someone who has no former experience with the Court system. The purpose of this article is to provide the reader with a general roadmap of the legal procedures involved with the dissolution of a marriage.

Can we just agree? First and ...

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TO TRUST OR NOT TO TRUST?

TO TRUST OR NOT TO TRUST?

By Erik McCauley

What is a Trust and How Does it Help with Your Estate Plan?

When it comes to estate planning, most people know what a Will is and why they should have one. It’s one of the most basic documents for determining how someone wants to pass their estate – land, money, investments, cars, and personal items – to their family, friends, or institutions. While Wills have been around since time immemorial, estate laws have constantly changed and adapted to ...

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