Lindsay M. Barton Promoted to Partner

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VIRGINIA BEACH, VA. Feb. 1. 2023 /PRNewswire/ — Lindsay M. Barton promoted to Partner at Hanger Law, becoming the first female attorney promoted to Partner. Hanger Law is proud to announce the promotion of Lindsay M. Barton to partner. Ms. Barton has been a valuable member of the firm for over 3 years and has demonstrated exceptional legal skills, client service, and commitment …

What the Rise of Cryptocurrency Means for Your Estate Plan

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Since the introduction of Bitcoin in 2009, cryptocurrencies have exploded in popularity. In late 2020, many new users entered the crypto market as fears of U.S. dollar inflation grew. The result has been a massive increase in cryptoasset values, leading to some significant estate planning implications.  Basic Background on Cryptocurrency Whereas, historically, all currency has had some physical, tangible aspect, …

What the Corporate Transparency Act Means for Small Business Owners

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Beginning next year, small business owners will have new federal reporting requirements to comply with. The Corporate Transparency Act will require disclosure of substantial ownership and control interests by individuals in their corporation, LLC, or similar state-registered entity.  The window for ublic comment on reporting regulations to be promulgated by the Treasury Department recently closed. The timeline for businesses to …

Much Needed Clarification of the Source of Funds Law by DPOR

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On July 1, 2020, the General Assembly enacted an amendment to the Virginia Fair Housing Law (“VFHL”) (Va. Code §§ 36-96.1 et seq.) to include source of funds as a protected class. The Virginia Real Estate Board division of the Department of Professional and Occupational Regulation (“DPOR”), charged with carrying out the VFHL has recently added some clarification to the …

Why You Need Title Insurance

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To protect possibly the most important investment you’ll ever make – the investment in your home. With a title insurance policy, you as owner, have an indemnity contract that will reimburse you for loss in the event someone asserts a claim against your property that is covered by the policy. How can there be a title defect if the title …

Mark Stevenson Selected as Hanger Law CEO

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Hanger Law is excited to announce that Newport News Managing Attorney, Mark Stevenson, has been selected as the CEO of Hanger Law. Mr. Stevenson has served as an attorney with Hanger Law since nearly the beginning of the firm. A Virginia Beach native, Stevenson was tasked to start Hanger Law’s Newport News branch, which now serves over 500 clients each …

Four Questions to Ask Before Purchasing a Short Sale

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A lot of attention is given to the seller side of a short sale transaction, and rightfully so. The bulk of the complexities involved in a short sale take place on the listing side. The correspondence with the lender in order to obtain approval is the driving force of the transaction.  But, selling agents and buyers should be equipped prior …