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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 »

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 »

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