Article: 5 Things Bitcoin Owners Must Do When Estate Planning

“When it comes to estate planning, very little has been mentioned about bitcoin. While bitcoin is subject to wills and revocable living trusts like any other asset, there are some special considerations. Most seasoned holders of bitcoin are aware of IRS Notice 2014-21. For those unaware, the notice holds that for US tax purposes, bitcoin […]

NEWS: Supreme Court Ruling on Gay Marriage

June 26, 2015 – Today, in a historic decision, the U.S. Supreme Court declared that denying same-sex couples the freedom to marry violates the U.S. Constitution – a decision that extends the freedom to marry to all same-sex couples nationwide. The Justices ruled in six cases from Tennessee, Kentucky, Michigan and Ohio (known as Obergefell v. […]

NEWS: Virginia Signs ABLE Act into Law

Virginia has become the first state to approve the ABLE Act legislation. The ABLE Act, passed with overwhelming bipartisan support at the close of 2014, allows people with disabilities to open special accounts, similar to 529 plans, where they can save up to $100,000 without risking eligibility for Social Security and other government needs-based programs. […]

Planning for Families

YOUNG FAMILIES Young couples can name a number of reasons to put off estate planning: Too Young! Too Busy! Too Healthy! Not Rich! But we know those aren’t good reasons. Putting an estate plan in place now is being prudent and responsible, and it shows your family how much you care. One of the biggest […]

Fund. That. Trust.

So you created your trust… Great job! How’s that funding going? Remember, a trust only avoids probate if it is properly funded.  Any assets that are not owned by your trust, or any assets that do not name the trust as your beneficiary, could very well create problems if something happens to you. Why talk […]

Two Legislative Actions Pass in December 2014

Congress managed to pass two bills with great significance for special needs families before concluding their session earlier this month: The first, the Achieving a Better Life Experience (ABLE) Act, helps people with disabilities save for health-care costs, housing, lifelong education, and other needs. Under prior law, a child diagnosed with a disability could not […]

Efforts Raise $100K for Local Hospital

The Women’s Health & Empowerment Circle (WHEC) at Virginia Hospital Center is a collection of dedicated women who value community, and want to ensure access to the best medical care is available to everyone through support for Virginia Hospital Center and its programs.  Our partner attorney Jessica M. Pannell, member of the WHEC Advisory Board, […]

Article Review: My right to death with dignity at 29

“This article describes one young woman’s decision to take control of her end-of-life decisions in light of a heart-wrenching terminal diagnosis. While the Commonwealth of Virginia, the District and Maryland do not have “Death with Dignity” statutes, they do permit each of us to maintain control over our medical care by naming a healthcare agent […]

Trust-Based Asset Protection Strategies

You don’t have to make your family’s assets easy for creditors to reach. Protecting your hard-earned assets for the benefit of yourself and your family can be accomplished through careful planning. These seven trust-based asset protection strategies can put significant (and often insurmountable) obstacles in the way of a creditor. In this post you will […]