Learn from the past, set vivid, detailed goals for the future, and live in the only moment of time over which you have any control: now.
– Denis Waitley
Many people have specific wishes about the actions they want taken (or not taken) in a medical crisis. However, during a crisis, you may be incapacitated and unable to make such decisions. To ensure your wishes will be obeyed, it is important to document them in an advance medical directive. An advance medical directive, also […]
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Saving for retirement is made easier by tax-advantaged accounts like 401(k)s and IRAs. Here is what you should know about these accounts. A 401(k) is a retirement savings account provided by one’s employer, who may also match the employee’s contributions up to a certain amount. Contributions are deducted from an employee’s paycheck before taxes, so
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A 401(k) plan can be an important part of planning for retirement, but it is important to be aware of the fees that your plan charges, in order to be sure that you are getting the best value from your investments. One year ago, the Labor Department began requiring employers that sponsor a 401(k) savings
401(k) Fee Disclosure Benefits Employees Read More »
New parents have a lot of responsibilities to handle and estate planning may be the furthest thing from their minds. However, the creation of a family is precisely the time when planning for the future should be paramount, and new parents should take the time to plan their estates. The first step is to execute
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According to Fairfax divorce attorney Lisa McDevitt, there are several changes an individual may wish to make to their estate plans when they divorce their spouse. “One of the things you should check is if you need to rewrite your power of attorney,” says McDevitt. “Your divorce may not invalidate your will, but may invalidate
Estate Issues To Consider During Divorce Read More »
If you have been following the vicissitudes of the estate tax field, it may come as no surprise that having a skilled, informed lawyer can be very beneficial. If you haven’t been following it, you may be shocked to find out how much complexity there is trying to get a handle on estate tax planning
Complexities and Oddities of Estate Tax Demonstrate Need for a Skilled Lawyer Read More »
Legal recognition of same-sex marriage varies from state to state, and parental rights vary depending on the legal status of the relationship. Same-sex couples are advised to take the steps needed to preserve their assets, including last will and testament, durable power of attorney and advanced directives, with particular attention when there are children as
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Elder law deals with the legal, financial and health needs of senior citizens. The country’s average age is advancing all the time, and now even baby-boomers are dealing with health issues and legal concerns they had not anticipated. In addition to estate planning, elder law attorneys also help with preparing for long-term healthcare needs, applying
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By Lisa Lane McDevitt, Esquire on Monday, May 9, 2011 Let’s face it. No one wants to think about their death. As a result many people either procrastinate in drafting a will or they simply do not believe they need one. Everyone needs a will and here’s why. You need a will so property passes
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On behalf of Lisa Lane McDevitt on Thursday, April 14, 2011 Estate planning is something that everyone knows they should do, but many people put off. Unfortunately, putting it off for too long can put your estate and your loved ones at risk. An experienced and understanding lawyer can help you anticipate the future and
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