Allred, Bacon, Halfhill & Young, PC

Allred, Bacon, Halfhill & Young, PC We are attorneys at law having served the DC metropolitan area for 20 years. Our lawyers are AV rated, a status only 10% of legal professionals achieve. We offer free consultations for most matters, and will make home consultations.

THE LAW FIRM OF ALLRED, BACON, HALFHILL & YOUNG, PC provides a full range of legal services to businesses, individuals and families in the Washington metropolitan area and nationally. Our commitment is to effective and efficient representation. The diverse backgrounds and broad range of legal experience of our attorneys allow us to serve almost every client need and to offer the highest level of professionalism and integrity.

Many times after someone falls ill or passes away, the family members go on a hunt for an advance medical directive, pow...
06/06/2020
The Covid-19 Essential Estate Planning “Go Package”

Many times after someone falls ill or passes away, the family members go on a hunt for an advance medical directive, power of attorney, will or other estate planning documents. Be sure your loved ones know about these documents and where to find them. https://bit.ly/2U4Zqnm

Your estate planning documents won't do much good if key people don't know about them and have access to them.

Whether you think you’re entitled to receive spousal support or may have to pay it, be sure to consult with your legal a...
06/02/2020
Determining And Collecting Spousal Support In A Divorce

Whether you think you’re entitled to receive spousal support or may have to pay it, be sure to consult with your legal and financial advisors to ensure that your interests are fairly represented. https://bit.ly/36ETpTF

Like most aspects of divorce, going through the process of determining spousal support can create undue emotional and financial stress without proper prep. Whether you think you’re entitled to receive spousal support or may have to pay it, be sure to consult with your legal and financial advisors.

Carefully considering your own mortality -- and how you want your affairs managed in the event of your death -- isn't ex...
05/30/2020
What is a will?

Carefully considering your own mortality -- and how you want your affairs managed in the event of your death -- isn't exactly fun, but creating a will is worth the effort. https://cnet.co/3cbmsiX

How a last will and testament and a living will can help make sure your final wishes are carried out.

Dividing student loan debt can be complicated, so the best thing to do is consult with a lawyer before you start the div...
05/28/2020
How Divorce Affects Your Student Loan Debt

Dividing student loan debt can be complicated, so the best thing to do is consult with a lawyer before you start the divorce process. That way, you know exactly what to expect. https://bit.ly/2Rd3wZW

Find out how student loan debt will be divided, if at all, between you and your spouse.

Everyone's situation will be a little different, but there are a few things that every divorcing couple needs to do in o...
05/26/2020
How to Redo Your Financial Plan After a Divorce

Everyone's situation will be a little different, but there are a few things that every divorcing couple needs to do in order to start fresh on their own. https://bit.ly/2L9AF4S

Divorce means starting over. Follow these steps to build a new budget and get your finances in order as quickly as possible.

When it comes to planning for your estate, chances are you haven't made all the provisions you should. But there are ste...
05/25/2020
These costly estate planning mistakes can be fixed

When it comes to planning for your estate, chances are you haven't made all the provisions you should. But there are steps you can take now to limit your financial vulnerability. https://cnb.cx/2PjQK97

Leaving your financial plans undone can leave you susceptible to financial mishaps and even fraud. Here's where to start to get your financial house in order.

It's important to update the beneficiaries on your various retirement accounts, especially after major life events such ...
05/15/2020
Take this step now to protect your retirement accounts when you die

It's important to update the beneficiaries on your various retirement accounts, especially after major life events such as marriage, divorce, or the birth of a child. https://cnb.cx/3dA1Y4j

Select your designated beneficiary so that your retirement account assets goes to the proper heir. This is especially important to do after major life events including marriage, divorce, the birth of a child or the death of a different family member.

Unfortunately, a simple will can't always protect a person's assets from the probate process, which can involve months o...
05/08/2020
3 Ways to Keep Your Estate out of Probate | The Motley Fool

Unfortunately, a simple will can't always protect a person's assets from the probate process, which can involve months of filling out forms and meeting procedural requirements. If this doesn't sound like your cup of tea, consider methods to protect your heirs from the pain of probate. https://bit.ly/3b9jyup

Save your loved ones a lot of hassle and expense by taking steps now to protect your estate from probate.

Divorce laws differ from state to state and, sometimes, are even implemented differently by various judges. That is why ...
05/05/2020
5 Crucial Steps To Make Your Divorce Less Painful

Divorce laws differ from state to state and, sometimes, are even implemented differently by various judges. That is why it is imperative you understand and protect your rights. https://bit.ly/35j3J2Y

Contemplating divorce? Follow this game changing road map to make sound decisions and emerge stronger, happier and well-positioned for your next chapter.

Handling the separation of car insurance is often one of the final steps to a #divorce. Get through this transition and ...
04/30/2020
What Happens to Your Car Insurance When You Get Divorced?

Handling the separation of car insurance is often one of the final steps to a #divorce. Get through this transition and hopefully you can start looking forward to a bright future very soon. https://bit.ly/2Z0QhfR

Separating car insurance because of a divorce can be very stressful. Follow these, not so simple, rules to make the change a little bit easier.

Losing a loved one isn’t just an emotional burden — it also carries an administrative load. You can reduce that load for...
04/16/2020
5 Reasons to Add Beneficiaries to Your Investment Accounts - NerdWallet

Losing a loved one isn’t just an emotional burden — it also carries an administrative load. You can reduce that load for your own heirs by communicating your preferences about your assets clearly. https://bit.ly/2V8Oczh

Losing a loved one isn’t just an emotional burden — it also carries an administrative load. There are flower arrangements to pick, eulogies to write and a stream of paperwork…

If there is a child support or alimony obligation, a court may require the spouse paying the support to have life insura...
04/16/2020
Don't Forget Life Insurance During A Divorce

If there is a child support or alimony obligation, a court may require the spouse paying the support to have life insurance in place. https://bit.ly/2yvuMvJ

Divorce can be devastating. Even an amicable divorce can cause financial hardship when you consider the cost of establishing and maintaining two individual households. While there are a lot of moving parts during and after a divorce, life insurance tends to be an afterthought. If you’re going thr

If you're in the process of getting divorced, you'll no doubt have to go through the potentially grueling process of spl...
04/14/2020
How to Split These 7 Assets During a Divorce | The Motley Fool

If you're in the process of getting divorced, you'll no doubt have to go through the potentially grueling process of splitting up the assets you and your soon-to-be former spouse have acquired. Here are a few specific items you'll need to figure out how to divvy them up. https://bit.ly/2V8Wiqy

Dissolving a marriage is never easy. Here's how to divvy up the various things you own.

A family trust is a specific type of trust families can use to create a financial legacy for years to come. https://yhoo...
04/11/2020
What Is a Family Trust and How Do You Set One Up?

A family trust is a specific type of trust families can use to create a financial legacy for years to come. https://yhoo.it/34h6XDE

A trust can be used to manage estate taxes, shelter assets from creditors and pass on wealth to future generations. A family trust is a specific type of trust families can use to create a financial legacy for years to … Continue reading ->The post What Is a Family Trust and How Do You Set One Up?

Like any issue that comes up during divorce, determining how to handle changes in insurance may not always be as straigh...
04/07/2020
Insurance Issues To Consider In A Divorce

Like any issue that comes up during divorce, determining how to handle changes in insurance may not always be as straightforward as they seem. https://bit.ly/3bLzR1h

Like any issue that comes up during divorce, determining how to handle changes in insurance may not always be as straightforward as they seem. It’s important to be aware of all existing policies going into the divorce, as well as any new policies you may need as a result of the settlement.

While you may want to help your heirs become financially secure, it’s important to consider your financial needs so you ...
04/06/2020
Granting an Early Inheritance With Gifting

While you may want to help your heirs become financially secure, it’s important to consider your financial needs so you won’t over-give. You should consult with an estate attorney and a financial advisor to help you navigate how to leave an inheritance while continuing to provide for yourself. https://yhoo.it/2R2CRhA

Many people are unaware that you don’t have to wait until death to give or receive an inheritance. If you want to start giving to your heirs early, there are several ways you can do so. If you're considering granting … Continue reading ->The post Granting an Early Inheritance With Gifting appear...

Estate planning is an integral part of a comprehensive financial plan, not something that sits outside of it. https://bi...
04/04/2020
4 Estate Planning Myths That Refuse To Die

Estate planning is an integral part of a comprehensive financial plan, not something that sits outside of it. https://bit.ly/2X0WgDr

Over the years, I’ve met with people who “only needed a financial plan, not an estate plan” or “didn’t need a financial plan, just some help with estate planning.” To help clarify the role of estate planning in the financial planning process, it’s important to debunk some of the most c...

There are plenty of ways you can protect your retirement savings during a divorce. https://yhoo.it/2VBncug
03/26/2020
Ways to Protect Your Retirement Savings After Divorce

There are plenty of ways you can protect your retirement savings during a divorce. https://yhoo.it/2VBncug

Separating from your spouse can mean suffering a heavy emotional and financial toll. You may be wondering how to protect your 401(k) in a divorce. Fortunately, there are plenty of ways you can protect your retirement savings during a divorce. … Continue reading ->The post Ways to Protect Your Reti...

All adults need to think about what will happen to their financial affairs when they die. Failure to do so could leave a...
03/25/2020
What You Need to Know about Writing a Will

All adults need to think about what will happen to their financial affairs when they die. Failure to do so could leave a mess for those who survive you and could cost them money. https://bit.ly/2vJnVh3

Your will should protect your heirs. Here's what you need to know about writing a will so you can protect yours.

Address

11350 Random Hills Rd, Ste 700
Fairfax, VA
22030

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:30
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

(703) 352-1300

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