Insight Law is an estate planning law firm based in Ashburn, Virginia. The firm also has offices in McLean, Va and Denver, Colorado.
The counselors at InSight Law follow the “team” philosophy when it comes to crafting a client's estate plan. No one person is responsible for a plan. Instead, the whole team takes responsibility for all clients. Everyone on the InSight Law team has an equally important role — from the president and lead attorney to our paralegal. The firm was founded in 2007 and has continued to grow since its inception. The firm has offices in Ashburn and McLean, Virginia, along with an office in Denver, Colorado. The firm's founder is Bobby Feisee. He is a graduate of George Mason University School of Law and is a member of the National Network of Estate Planning Attorneys. Bobby founded InSight Law after his experience with his ailing father. “It wasn’t until after my dad was diagnosed with Alzheimer’s that I reviewed his estate plan (i.e. his Will, Trust, Power of Attorney and Medical Directives). I realized that I had made a terrible mistake not reviewing these documents with my dad earlier. I also made the mistake of not talking to my dad’s attorney and financial advisor. The legal documents were basically a bunch of boiler plate forms that really gave us no direction on what my dad’s wishes were. This experience inspired Bobby to open a firm that takes the time to thoroughly examine each client's estate and come up with a plan that is detailed, specific, and unique to each client.
Mission: To help clients create custom, unique and effective estate plans.
If you're a business owner, you probably have questions about the impact on your business taxes from the enactment of the CARES Act. Take a moment to read this article for answers to frequently asked questions on this issue.
inc.com Frequently asked questions--and answers--about the tax relief options available to business owners.
abajournal.com Some of them started but never finished their wills or trusts. Others didn’t know where to start but felt it was time to prepare for the future. They all expressed to him the same sense of urgency amid the coronavirus pandemic despite social distancing guidelines that could make completing their d...
Have a loan through the Paycheck Protection Program? The SBA officially released the PPP loan forgiveness application. Get your copy here: http://ow.ly/9HCq50zIicD
insightlaw.net One of my clients recently asked an important question about advance medical directives and whether amending this important legal and medical document is warranted in response to the Coronavirus pandemic. For context, my client has an advance medical directive stating that they do not want to be put...
washingtonpost.com Facing a shortage of funds and an unprecedented crush of applications, the SBA has closed its application portal to most businesses and is limiting the size of loans it offers to small businesses.
Happy Mother's Day!
insightlaw.net One of the key provisions of the landmark CARES Act is the Paycheck Protection Program. Congress allocated $350 billion to this program enabling the Small Business Administration to provide loans to small business owners. The loans are fully guaranteed by the federal government. If you are intereste...
npr.org The COVID-19 crisis is prompting an increasing number of people to establish wills and take care of estate planning. Miami-based attorney Mildred Gomez offers guidance.
Great article highlighting the importance of having certain legal documents in place during a pandemic and other health crises. http://ow.ly/AxeJ50z3Oef
forbes.com The coronavirus pandemic moves estate planning front and center for a lot of people.
Helpful article that is worth reading, especially for folks who are looking to create an estate plan. https://www.barrons.com/articles/the-coronavirus-has-americans-scrambling-to-set-their-estate-plans-here-are-some-key-things-to-know-51584875701
barrons.com Estate planning can be complex even when there is ample time to prepare for the worst, let alone during a fast-moving and deadly pandemic that has sparked panic in financial markets and across the global economy. Experts say, however, that there are a number of universal tips people can follow.
This video provides an overview of some of the key provisions contained within the landmark CARES Act.
Great article highlighting big changes to Required Minimum Distributions contained in the CARES Act. https://www.forbes.com/sites/jamiehopkins/2020/03/30/cares-act-drastically-changes-required-minimum-distribution-rules-for-2020/#62883bb919a0
forbes.com The CARES Act essentially suspended required minimum distributions (RMDs) for 2020 across the board. However, there have been a lot of questions about what this means for those who already took out distributions, and the impact on taxes and inherited accounts.
Join us for a webinar on April 8th at 1:00pm. During the webinar, we will discuss the key provisions and benefits in the historic CARES Act.
This article provides a great overview of the provisions contained within the historic CARES Act. https://taxfoundation.org/cares-act-senate-coronavirus-bill-economic-relief-plan/
taxfoundation.org On Friday afternoon, the Coronavirus Aid, Relief and Economic Security (CARES) Act passed the House of Representatives by a voice vote. The bill now moves to the President for signature.
Bobby Feisee, president and managing partner at InSight Law, provides an overview of elder law and what it means to represent an aging population. To learn m...
Bobby Feisee, an estate planning attorney with InSight Law, explains how a lifetime protective trust (also known as a school bus trust) can protect your esta...
Happy St. Patrick's Day!
Great article with many helpful tips. http://ow.ly/N5Ut50yzRPR
marketwatch.com The rules have changed
finance.yahoo.com With the death of "stretch IRAs" comes a new era of estate planning. Many people's plans need some serious tweaks.
Important information ever needs to know. https://www.cnn.com/2020/03/01/health/coronavirus-symptoms-treatment/index.html
cnn.com As the United States recorded its first coronavirus death -- and the number of infections grows worldwide -- many people are wondering what symptoms to be on the lookout for and how to protect themselves.
Great article that is definitely worth a read. https://www.washingtonpost.com/business/economy/the-rich-can-probably-escape-new-laws-on-inherited-iras-but-the-rest-of-us-cant/2020/02/13/61413baa-4d11-11ea-9b5c-eac5b16dafaa_story.html
washingtonpost.com Once again, Trump has brought in big tax changes with almost no notice.
Here is some terrifying news - 1 in 3 baby boomers who are nearing or starting retirement have not done any actual financial planning in the last two years, according to a report from the National Association of Personal Financial Advisors.
marketwatch.com There’s no time like the present to step up
Great article highlighting the importance of regularly updating and reviewing your estate plan through different phases of your life. http://ow.ly/urDl50yamj7
forbes.com The truth is, individuals at every stage of life can benefit from having an estate plan. Let’s explore what an estate plan could look like, and what potential pitfalls to watch out for.
Disability planning needs to be a major component of your overall estate plan. I know from personal experience. Neglecting this aspect of your plan can have serious consequences if you become incapacitated and unable to make important decisions. http://ow.ly/V3bR50yalXB
Are you using any of these tools to help plan and manage your finances?
businessinsider.com Financial planners are great at helping you plan for the future and make the most of your money. They also know when an outside resource can help.
If you own an LLC in DC, you are now legally required to share your personal information with the local government. Is this a worthwhile policy or government overreach? https://www.bizjournals.com/washington/news/2018/12/18/d-c-council-approves-bill-to-unmask-individuals.html
If you have an estate plan, you need to set aside to talk with your attorney to assess the potential impact of the SECURE Act on your plan. http://ow.ly/vnPN50xJkIq
forbes.com The SECURE Act makes significant changes to IRAs and other retirement plans. It generally eliminates the "stretch IRA." These changes are so significant every such plan holders should review their wishes and how their estate plans may have to be revised.
A must-read article if you have a stretch IRA and are considering your options after passage of the SECURE Act. http://ow.ly/BrFd50xJkH3
forbes.com The SECURE Act, which will become effective January 1, 2020, could more appropriately be called the Extreme Death-Tax for IRA and Retirement Plan Owners Act. IRA and retirement plan owners should take action to protect their financial legacy, preferably before year-end.
Great article stressing the importance of proactive retirement planning in 2020. http://ow.ly/HtCt50xJkBE
finance.yahoo.com In the new year, a new law will shake up how you save for your later years.
One of the most common "resolutions" people attempt during a new year is getting their fiscal house in order, reducing debt, saving more for retirement, etc. This article can hep ensure you achieve your financial goals. http://ow.ly/dbr850xJkFs
cnbc.com About 99 million people will make some kind of financial resolution for 2020. Chances are, you also want to save more and reduce your debts and spending. Here's the steps you need to take to make those goals a reality.
Happy New Year! The InSight Law Team Wishes You and Your Loved Ones a Happy and Prosperous 2020!