Family Leader - The Rock of Your Family
You have acquired wealth. You may think it’s not much, but it’s a significant amount, and it has to last your lifetime and perhaps shared with others.
You care about the future of your family, and you don’t want to rely on them.
You value good advice and you do your homework. You want and need to be sure those you partner with are trustworthy, knowledgeable and put your goals first.
We are committed to helping families like yours seek to build and preserve wealth by planning for both good and bad markets and economic cycles.
The core of our practice is helping clients make the complicated easier to understand and knowing the right questions to ask, such as:
⦁ Have you saved enough and invested appropriately?
⦁ Will your money last your lifetime?
⦁ Will there be money to care for you if you get sick?
⦁ Do you have loved ones with special needs? Who will watch out for them when you can’t?
⦁ Are you managing risk appropriately?
⦁ Are your financial advisor, tax advisor and attorney coordinating to ensure your plan doesn’t go off track?
⦁ How much can you responsibly spend and gift annually?
⦁ Do you have enough insurance or too much?
⦁ Are the proper planning documents in place to protect your assets?
⦁ What should you change or do prior to a new marriage or after the loss of a family member?
You deserve an advisor who is held to the fiduciary standard and put your interests ahead of their own. An advisor with personal and professional experience from who you can benefit. An advisor who understands how complex life can be when you are the heart of the family.
Lions Bridge Financial Advisors-PARTNER FOR YOUR FAMILY’S JOURNEY.
TOP 3 QUESTIONS DIVORCE CLIENTS WANT TO KNOW
Meredith Haggard Maust, Esquire
There are many important considerations when planning for divorce and one of the most important decisions you can make is the attorney you select to represent you. Three of the most common initial questions I hear may not surprise you, but perhaps the answers will.
1. How much is this going to cost?
Any time you ask an attorney this question, their response should be, “it depends.” While some attorneys do offer a flat-rate fee to draft the Property Settlement Agreement for a no-contest divorce, it is rare that a divorcing couple agrees on everything from the division of marital assets to support, custody and visitation. Depending on the contested issues and the level of acrimony between the couple, a divorce can cost anywhere from a few thousand dollars to a five-figures and above. It all depends on the specific circumstances of each case.
2. How long is this going to take?
Again, it depends. Are there minor children born of the marriage, jointly adopted by the parties of the marriage or born of one party and adopted by the other? Is the case proceeding on no-fault grounds or is either party alleging abuse, desertion, or any of the other fault-based grounds for divorce? Are experts going to be needed to evaluate property or business value, mental health or parental capacity? Have the parties been living separately, or is the separation recent? One must also consider the discovery process by which attorneys/parties request information and documents from the opposing side. Discovery is time consuming, but it is the best method for gathering evidence. What we cannot account for is the opposing side’s willingness to comply and cooperate in a timely manner.
3. How many cases have you won?
I find myself questioning the very existence of a popular Family Law related television show. That being said, I would be hard-pressed to find a Domestic Law attorney that kept case statistics like the lawyers on various popular prime-time shows. If you have asked an attorney this question and he or she responds with pro-athlete style stats, it may interest you to know the vast majority of these cases are settled without litigation. Some cases settle on multiple issues and litigate the remaining contested issues.
In divorce, the goal is to prioritize what is important to you, so your attorney can zealously advocate for the desired results. Divorce is difficult and painful, but understanding some of the nuances can help reduce the surprises.
Meredith can be reached at [email protected] or (757) 223-4130. Meredith is an attorney with the law firm of Weisberg & Weisberg, PLLC 744 Thimble Shoals, Blvd. Suite B, Newport News, VA 23606.
LPL Financial and Lions Bridge Financial Advisors are not affiliated with Meredith Maust or Weisberg & Weisberg attorneys and cannot endorse their law firm’s services.