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August 2018 Archives

Estate Planning Asset Protection Strategies in WV

You have worked hard most of your life to build your legacy. Your legacy includes your property and finances that you will have the honor to pass on to your future generations. It is a legacy which will help provide a better life for your children, grandchildren, great-grandchildren, and so on. You want to protect this legacy from creditors looking to get a piece of your pie after you die. There are a few estate planning asset protection strategies in WV to examine with your estate planning attorney to ensure that your legacy is protected.

What Are the Pros and Cons of Transfer on Death Deeds?

It is important to consider the pros and cons of transfer on death deeds while estate planning in West Virginia. Transfer on death ("TOD") deeds became legal in West Virginia in 2014 with the passage of the Uniform Real Property Transfer on Death Act. There are advantages and disadvantages to using this estate planning tool.

Validity of a Will after Divorce: How a Divorce Affects Your Will in WV

Divorce can involve complex legal issues, but at a minimum it involves the identification and protection of each party's rights and property following the termination of the marriage. But what happens when a spouse executes a will during the marriage and the parties later divorce? Former spouses may wonder about the validity of a will after divorce under West Virginia law. Where do they turn for answers?

Update: Temporary Total Disability and WV Workers' Compensation Overpayment

West Virginia workers' compensation news continues in June 2018. An announcement by the West Virginia Offices of the Insurance Commissioner and an opinion handed down by the West Virginia Supreme Court of Appeals have employers paying attention. First, the Insurance Commission has released the Workers' Compensation Benefit Rates for the 2019 fiscal year. And second, the appellate court handed down its opinion in Reed v. Exel Logistics, Inc., creating questions about how to recover a WV workers' compensation overpayment.
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