Finances are often at the heart of many arguments couples have while married, so it should come as no surprise that if a couple decides to divorce, financial issues are still a source of contention. Sometimes, one spouse may even try to hide assets from the other...
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Financial And Property Issues
What factors will a court use in the property division process?
Couples seeking a divorce in Virginia, whether they have been married only a few years or whether they have been married for decades, are faced with decisions about what to do with the property they amassed while married. Who gets the house, the cars, electronics,...
How might a divorce in Virginia affect one’s retirement plans?
Couples in Virginia who worked hard for decades at their place of employment look forward to the day they are able to retire. However, sometimes life throws a curve ball, and a couple divorces before they are retired. This could have a significant impact on their...
What are some popular methods of business valuation?
Business owners in Virginia may spend many years cultivating what was once a simple "mom and pop" operation into a large, successful business. However, the day may come when a business owner in Virginia wishes to sell his or her business. When this happens, business...
Local zoning laws may threaten your real estate plans
Issues can arise during the purchase, sale, development, construction, financing and/or leasing of commercial and residential real estate. A recent Whole Foods development in a neighboring community provides context. Developers Must Comply with Zoning Rules...
What does implied consent mean?
In Virginia, an arrest for driving under the influence, or DUI, triggers the state’s implied consent law. Implied consent deems that a driver implicitly consents to a chemical test, such as blood, breath, or both, within 3 hours of the DUI arrest. Our DUI...
Overview of rights: Construction defect claims
This post takes a closer look at construction defect basics. For starters, there are different types. The main categories include:Design defects relating to faulty architectural or engineering designs;Material defects relating to faulty building materials;Workmanship...
Are construction defect lawsuits just a cost of doing business?
For many Americans, buying a home is part of the American dream. Yet across the country, far too many new homeowners find that dream tarnished by construction defects, even in new construction projects.Unfortunately, construction defect claims may be viewed as just...
Contractors may need to appear before their local zoning board
Although local communities often welcome small business development, such matters typically must go through zoning and land use permitting. In a recent example, Leesburg officials discussed the ratio of commercial to office use in a development called the Village at...
Should your estate plan include a 529 educational plan?
An individual may want his or her estate plan to include specific provisions for future educational costs. One of the easiest tools for accomplishing that goal is a tax-advantaged 529 savings plan. Yet according to a recent survey, many Americans are unfamiliar with...
