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    Asset Protection and U.S. Tax Savings Using a Revocable Living Trust

    By:  Stephen D. Lentz, Esq.Partner/Senior Counselsteve@anchorlg.com Introduction In Virginia, many individuals seek ways to protect their assets and minimize tax liabilities, especially as they accumulate wealth and look toward estate planning. One of the tools commonly mentioned in this context is the Revocable Living Trust. This estate planning device provides flexibility, privacy, and control over […]

    Truck Accidents Caused by Brake Failure

    According to the Federal Motor Carrier Safety Administration, brake failure in trucks poses a significant risk for accidents, contributing to 29 percent of large truck crashes. Proper maintenance and regular inspections are essential to prevent these failures and enhance road safety. The reasons for brake failure vary, and it is important to be aware of […]

    What Is Estate Litigation?

    Estate litigation refers to legal disputes that arise while administrating a deceased person’s estate. These disputes can involve disagreements over the distribution of assets, the validity of a will, or the conduct of executors and trustees. What Are Common Reasons for Estate Litigation? Estate litigation often stems from conflicts or misunderstandings among family members or […]

    Do Religious Workers Need Employment Contracts?

    An employment contract is a legally binding agreement between an employer and an employee that outlines the terms and conditions of employment. Having these terms in writing helps to create a transparent relationship between the religious organization and its workers, reducing the likelihood of conflicts. Do religious workers need these contracts? In many jurisdictions, religious […]

    What Is a Healthcare Proxy?

    A healthcare proxy is an often misunderstood aspect of medical care planning, but its importance cannot be overstated. This valuable tool helps people organize their affairs and is designed to honor their medical wishes. Here is what you should know about healthcare proxies. Is a Healthcare Proxy Part of Advance Care Planning? A healthcare proxy […]

    What Is Guardianship?

    Guardianship is a legal process designed to protect individuals who cannot care for themselves due to age, disability, or incapacity. This process involves appointing a trusted individual to make decisions on behalf of the person, known as the ward. This protection covers various aspects of life, including health care, financial matters, and daily living activities […]