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Don’t Let Medicare Open Enrollment Go By Without Reassessing Your Options

Medicare’s Open Enrollment Period, during which you can freely enroll in or switch plans, runs from October 15 to December 7. Don’t let this period slip by without shopping around…

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Tax Court Holds Damages Not Attributable to Physical Injury

Section 104(a)(2) of the Internal Revenue Code provides an exclusion from gross income for damages received for physical personal injury or physical sickness.  The statute further provides that emotional distress…

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New Minimum Wage Requirements

Virginia will be raising the hourly minimum wage. Absent an unexpected and unlikely change, the new law will take effect on May 1, 2021. As originally passed by the General…

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ThompsonMcMullan Selected to U.S. News and World Report’s 2019 “Best Law Firms” List

“ThompsonMcMullan is pleased to report inclusion in U.S. News and World Reports “Best Law Firms” 2019 list. The firm ranked in the following: Metropolitan Tier 1 in Richmond for: Commercial…

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Passing on Assets Outside of Probate: PODs and TODs

For a variety of reasons- people sometimes want some or all of their assets to pass directly to specific individuals upon their deaths- outside of probate.  One way to accomplish…

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Estate Planning and Retirement Considerations for Late-in-Life Parents

Older parents are becoming more common- driven in part by changing cultural mores and advances in infertility treatment. Comedian and author Steve Martin had his first child at age 67….

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Commercial Real Estate – Trouble in Paradise?

Director Adam Nelson will be participating as a panelist in the next iteration of the Real Estate Speaker Series hosted by the Jewish Community Federation of Richmond. Joined by Seth…

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Most Caregivers Are Now Entitled to Minimum Wage and Overtime Pay

The federal government recently extended minimum wage and overtime protections to most home health care workers. If you are hiring a caregiver for yourself or an elderly loved one- you…

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Using a Donor-Advised Fund May Be a Way to Get a Charitable Tax Break Under the New Tax Law

Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law. These funds allow you to donate money- receive a charitable tax deduction-…

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Century of Women at Richmond Law

Elder Law and Estate Planning attorney Lindsay Pickral has been invited to serve as a presenter at this year’s Century of Women celebration at the University of Richmond School of…