Patel & Dalrymple, PLLC
A Lynchburg Law Firm

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January 2018 Archives

Fatal car accidents may result from speeding

A Virginia car accident sadly took a man's life late last year, leaving his family members to grieve and question how their loved one could be gone so soon. However, the man who police said caused the accident that killed the victim was recently sentenced to a year behind bars in connection with it. Sometimes these types of fatal car accidents happen due to the carelessness of a motorist. In this situation, the negligent driver behavior may be grounds not only for criminal charges but also civil litigation, depending on the circumstances surrounding the accident.

Real estate transactions likely to be strong with new tax law

The brand-new tax law is expected to benefit those who purchase properties as investments in 2018. Specifically, it should help those investors with high net worth who are interested in completing real estate transactions in Virginia and other parts of the United States. One aspect of the tax law that is a boon for these investors is retaining 1031 real estate exchanges.

Trusts can be created for horses, too

For some individuals in Virginia, classic automobiles and jewelry are not their most valuable possessions. Instead, they highly value their horses. Thus, it makes sense to create trusts to provide for these prized pets, riding partners and companions after one passes away.

Now may be best time to engage in real estate transactions

Trying to figure out when to purchase a home in Virginia can understandably be intimidating. This is particularly true when the home options are limited and when prices seem too high. However, according to experts, engaging in residential real estate transactions may be a wise move in 2018.

Car accidents involving semi-trucks may lead to injuries, death

A man lost his life in a motor vehicle collision involving a tractor-trailer in Virginia, while another individual suffered injuries. These types of car accidents can easily take place due to the carelessness of an individual. This is grounds for litigation in the civil court system.

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