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Scott James Golightly

Scott Golightly’s Legal Guides

7 total

  • Will vs. living trust: which one is better for you and your family?

    Wills and living trusts each have advantages and disadvantages. Learn more about the two, and how to make a decision that will be best for your

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  • You Have Finally Executed Your Will! Now What?

    Congratulations! You have completed the important task of preparing and executing a last will and testament. This guide attempts to answer several of the frequently asked questions clients have after the will has been signed. Where should I keep my will? Where you keep your...

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  • New Estate and Gift Tax Rules -- Some Much Needed Clarity (For Now)

    What are the federal estate tax rules through 2012? For those who die before 2013, there is a $5,000,000 exemption amount. Married couples can combine their exemptions (called portability) and protect $10,000,000 from estate tax. For taxable estates, the rate is only 35%. (It w...

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  • Can You Disinherit a Spouse in Your Will?

    There may be situations when a person wants to disinherit a spouse.In Virginia, however, this may not be as simple as just cutting the spouse out of the will.To protect a surviving spouse, Virginia law allows him or her to claim an elective share in the deceased spouse's "aug...

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  • Qualified Sick Pay Plans for Businesses -- An Overview and Call to Action

    Consider this: A key employee or your business partner has just had a heart attack. His doctor says that he will be out of work for six months. In the meantime, his family is counting on his salary to pay the bills. What are you going to do? Are you going to make payments to him ...

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  • Top 7 Reasons You Need a Will

    More than 60% of people in the U.S. die without a will (2008 survey by FindLaw.com). That's a scary statistic. Here are my top seven reasons you should have a will. A will allows you to: 1. Pick the person(s) who will raise your children. You can select the guardian(s) of your mi...

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  • Virginia's Uniform Power of Attorney Act

    Due to medical advances, people are living longer than ever. In fact, the fastest growing segment of the U.S. population are folks over the age of 65. With increased age often comes the increased likelihood that someone will suffer some sort of disability or incapacity. It is imp...

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