Patel & Dalrymple, PLLC
A Lynchburg Law Firm

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December 2017 Archives

Americans still want real estate transactions with new tax plan

With the next tax bill on its way to becoming law, several people throughout the United States, including many in Virginia, are apparently nervous about how it will impact the real estate industry. A recent survey indicated that some Americans are even considering altering their plans to engage in residential real estate transactions. However, optimism still appears to exist in the real estate world.

Special needs trusts offer several benefits

Those who have family members with special needs in Virginia naturally put a lot of care into creating their life care plans. Creating trusts is part of this. Trusts are estate planning tools that essentially allow people to manage property -- such as real estate or money -- for other individuals.

What is a business trust?

You may understand that trusts are an estate planning tool that can protect your assets from estate taxes and ensure your loved ones have what they need after your death. However, a trust is more than that: It is also a type of ownership. As such, it can be a tool for your business, as well.

Car accidents claim 3 lives in Virginia

Three people have sadly lost their lives in a motor vehicle collision in Virginia. The accident took place along Route 360 and involved three cars. Such car accidents can easily take place if one driver fails to exercise a reasonable amount of caution behind the wheel, which is grounds for civil litigation.

Talking to teens about underage drinking

Even the brightest teens do not always make the best decisions, and this is particularly true when it comes to alcohol. Teens are still maturing, and they are also at a point in their lives when they are particularly susceptible to peer pressure.

Car accidents often leave many questions unanswered

When motor vehicles collide on busy Virginia roadways, the exact causes of such incidents are not always immediately apparent. Such seems to be the case following one particular collision that involved several vehicles and resulted in serious injuries. As often occurs when car accidents lead to more questions than answers, a full investigation has been launched to determine who or what may have caused the cars to crash.

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