Sunday, January 8, 2017
For many people in the Columbia area, their estate consists almost entirely of their home. Their retirement accounts will fall to second place, but it will be a distant second place. This brings up the importance of maintaining a home for a person’s wealth portfolio.
Home values in the Columbia metropolitan area are off from their 2008 peak, but have rebounded nicely since then. Homes are basically savings vessels for people.
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Thursday, November 10, 2016
Columbia is an upper middle class city in Howard County, Maryland: a county with one of the highest per capita incomes in the country. Because of that, clients in this county needing legal services have high incomes and work in professions that subject them to civil litigation (lawsuits).
What kind of professions are these? Lawyers, doctors, dentists, rental property owners, small successful business owners. The main way to protect from lawsuits while in these professions is to take out a personal liability insurance policy. However, there are times when the policy will not cover damages incurred in an adverse judgment in a court of law, which is when they might turn to an asset protection lawyer.
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The Law Offices of Rick Todd has offices located in Columbia, Chevy Chase, Fairfax, Virginia, and Maryland and serves clients throughout Clarksville, Columbia, Ellicott City, Fulton, Rockville, Bethesda, Potomac, Laurel, Howard County, Montgomery County, and Washington D.C.