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estate planning after divorce in Virginia

Estate Planning After Divorce

By Buck, Toscano & Tereskerz, LTD. |

If you have recently gone through a divorce, you may be feeling a sense of relief that the process is over, along with a combination of excitement and anxiety about what lies ahead. But before you get too far into your post-divorce life, there is one area that you should address: your estate plan…. Read More »

how to split inheritance during divorce?

How Do Inheritances Impact a Virginia Divorce?

By Buck, Toscano & Tereskerz, LTD. |

When couples are getting divorced and one of the spouses has received a significant inheritance (or they are going to receive one in the near future), they often wonder how this inheritance might impact the divorce settlement. What effect (if any) will an inheritance have on the division of property? How will it impact… Read More »

cryptocurrency in divorce Charlottesville Virginia lawyers

The Growing Issue of Cryptocurrency During a Divorce

By Buck, Toscano & Tereskerz, LTD. |

More than 20 million Americans own cryptocurrency, and that number is growing every day. People are attracted to this type of investment because of the potential to make large gains quickly, often much faster than putting your money into blue-chip stocks, for example. Most of us have heard the stories about how just a… Read More »

pets and divorce

Who Gets to Keep The Pets During a Virginia Divorce?

By Buck, Toscano & Tereskerz, LTD. |

During a divorce, there are a lot of issues that need to be resolved, and one issue that people do not always consider ahead of time is who gets to keep the pets after the spouses split up. Animals are considered very much a part of many American families, and the love that people… Read More »

What is collaborative law?

What is Collaborative Law?

By Buck, Toscano & Tereskerz, LTD. |

Collaborative law is a new way to resolve legal disputes that keeps the participants out of the courtroom and emphasizes a different approach problem-solving. As part of the process, both parties to a dispute retain their own attorneys, who are charged with helping them move towards a final resolution.  No one is permitted to… Read More »

estate planning for generation x in Virginia

Estate Planning for Gen-X

By Buck, Toscano & Tereskerz, LTD. |

Generation X is sometimes referred to as “the forgotten generation.” They are the generation that is sandwiched between the Baby Boomers and Millennials, born between the years of 1965 in 1980. Today, Gen-Xers are in their 40s and 50s, and many of their kids are starting to become adults. Being middle-aged, members of this… Read More »

military divorce

How Do I Divorce My Spouse Who is in the Military in Virginia?

By Buck, Toscano & Tereskerz, LTD. |

Virginia is home to 19 active military bases, including some of the oldest and most well-known in the country. Most are Army and Navy bases, but all five branches of the military have at least one base here.  In total, there is more than 125,000 active-duty military personnel that live in Virginia, making the… Read More »

cost of long-term medical care

Understanding the Rising Costs of Long-Term Care

By Buck, Toscano & Tereskerz, LTD. |

Advances in medical technology have significantly increased the average lifespan in the United States. This change has led to numerous questions that demand immediate answers. How long is an individual expected to work to afford their retirement? How much time does the average retiree spend living in long-term care? Does the average retirement account… Read More »

how is debt divided in divorce

How Is Debt Divided in a Virginia Divorce?

By Buck, Toscano & Tereskerz, LTD. |

During a divorce, the division of the marital estate is one of the biggest issues that must be resolved. But this process is not all about just dividing assets, the couple must work out how their debt is going to be divided as well. Virginia is an “equitable distribution” state, which means that there… Read More »

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 »

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