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tax implications of a divorce in Virginia

Important Tax Considerations for Divorcing Couples

By Buck, Toscano & Tereskerz, LTD. |

Getting divorced can be a stressful and complicated proceeding, especially when there are significant assets involved. There is a lot at stake with the division of marital property, and both spouses are going to want to receive their fair share. But the amount of property you receive is only a part of the equation,… Read More »

divorce in January

Why is January the Biggest Month for Divorce?

By Buck, Toscano & Tereskerz, LTD. |

Most family law attorneys will tell you that January is usually the busiest month of the year for divorces. Many spouses decide sometime in the latter part of the year that their marriage is over, and they want a divorce – but they often hold off on filing until the New Year. There are… Read More »

estate planning for millennials in Virginia

Estate Planning for Millennials

By Buck, Toscano & Tereskerz, LTD. |

If there is one thing that the Covid-19 pandemic has taught us, it is that life is uncertain. As much as we want to feel like we are in control of our own destiny, unforeseen circumstances can cause our lives to take some strange twists and turns. With so much uncertainty in our world… Read More »

is my ex entitled to half my business in a divorce?

Is my Spouse Entitled to Half of My Business During Our Divorce in Virginia?

By Buck, Toscano & Tereskerz, LTD. |

If you are going through a divorce, you know that it is a very stressful process. There is so much uncertainty about the future, where you will live, what will happen to your kids, how you will adjust to being single, etc. When there are significant and unique assets at stake, however, the divorce… Read More »

estate planning for baby boomers

Estate Planning for Baby Boomers

By Buck, Toscano & Tereskerz, LTD. |

A lot of attention is paid these days to Millennials and Gen-Zers, but it is Baby Boomers who possess the majority of US household wealth. Baby Boomers were born in the shadows of World War II, between the years of 1946 and 1964, and during the last six decades or so, they have been… Read More »

estate planning for single parents

Estate Planning Essentials for Single Parents in Virginia

By Buck, Toscano & Tereskerz, LTD. |

Estate planning is important for everybody, but it is especially vital for single parents. If you have children whom you are raising on your own, you will want to make sure that they are taken care of if anything should happen to you. Without an estate plan in place, critical decisions regarding the future… Read More »

how divorce affects student loans

How Divorce Affects Your Student Loan Debt

By Buck, Toscano & Tereskerz, LTD. |

Student loan debt is a common part of life in America, with about 1 in 8 Americans carrying some sort of debt after college. It should come as no surprise, then, that it is a frequent issue among divorcing couples. There’s no quick answer as to what happens to your student debt when you… Read More »

estate planning for lower and middle income families

Estate Planning for Middle & Lower Income Families

By Buck, Toscano & Tereskerz, LTD. |

People who are diligent take the time to plan for important events and seasons of their lives. We plan for vacations. We plan for holiday get-togethers. We plan for retirement. We plan our weddings. For a new baby to arrive, and for that child’s college education. Many of us use daily planners to structure… Read More »

mediation during divorce

The Benefits of Mediation During a Virginia Divorce

By Buck, Toscano & Tereskerz, LTD. |

Getting divorced can take a major emotional and financial toll on those involved. If you are just beginning this process, you may have some serious concerns about how much it will cost and how long it will take. These concerns are well-founded, especially when you consider all of the costs that are associated with… Read More »

make changes to your living trust

What is the Best Way to Make Changes to My Living Trust?

By Buck, Toscano & Tereskerz, LTD. |

A revocable living trust is a valuable estate planning tool that can be used to transfer assets and property to your heirs upon death without the need for the property within the trust to go through probate. As the name implies, this type of trust can be revoked at any time during the lifetime… Read More »

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