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How Does Probate Work?

The courts in Virginia, Maryland, and the District of Columbia (DC) that handle probate cases primarily deal with the administration of an estate after a person dies. They also deal with the property of minors and incapacitated adults, as well as trusts and wills. If you are dealing with probate in these areas, you may [..]

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What Is The Difference Between Qualified And Non-Qualified Pension Plans?

When determining what benefits packages you wish to offer your employees, you may have questions about how to economize your business expenditures while still attracting and retaining the best possible people to your organization. You may have heard about qualified and non-qualified pension plans, but may not understand the differences between the two. This is [..]

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The Pros And Cons of The Tax Cuts and Jobs Act

  With the Tax Cuts and Jobs Act (TCJA) expected to save taxpayers over $1.5 trillion in the next decade, the massive overhaul will likely reduce the tax burden for most American and businesses. However, in any sweeping overhaul, there are certain aspects of the tax code that will be changed to either reduce a [..]

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Is Your Independent Contractor is Truly Independent?

  As a business owner, you will most likely have people working for you at some point in your company’s existence. These workers can either be employees or independent contractors. How they are classified makes a significant impact on their rights and protections.Contrary to what many business owners believe, it is not the title you [..]

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What is a Qualified Domestic Relations Order (QDRO)?

  When a marriage ends, all marital property must be divided equitably amongst both spouses. While often overlooked, retirement benefits accumulated in the course of the marriage are also considered part of that property. This means an ex-spouse can be entitled to a portion of the former spouse’s retirement plan. Simply agreeing to split a [..]

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