Popular burger chain Shake Shack has filed for a permit to open a new location at 621 King Street in Old Town.
The proposed location is a prime spot in Old Town right near the intersection of Washington Street and King Street.
Got a Christmas tree yet?
The Alexandria Police Department has already sold more than 300 trees in its annual sale at 110 Callahan Drive — just outside Alexandria Union Station.
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Many people who look into estate planning ask, “What is the difference between wills and trusts?” While both wills and trusts deal with estate planning, they serve different purposes. In this post, the legal team of PJI Law, PLC, estate planning lawyers from Fairfax, VA, outline the key principles of wills, trusts, and their role in asset protection.
Wills and Trusts in a Nutshell
Here are the basic features of wills and trusts:
A Will
- Only comes into effect once the will maker is deceased
- States who will receive the decedent’s assets
- Appoints an executor to carry out the decedent’s wishes
- Is potentially contestable and must go through probate, a legal examination by the court
A Trust
- Can take effect immediately after its creation
- Allows a person or an institution (a “trustee”) to hold assets for beneficiaries
- Can distribute property before or after the trustor’s passing
- Can be irrevocable or revocable/changeable
- Assets in trust generally avoid probate
While we recommend that everyone have at least a will (whether or not you also have a trust), trusts aren’t strictly necessary for all individuals. Trusts are particularly helpful for individuals who have assets that are potentially going through probate, own property across several states, or have minor children.
Wills: the Basics of Estate Planning
A will, also known as a last will and testament, is a legal document specifying how the will maker wishes to handle asset distribution and other affairs after their death. A will typically includes all of the principal’s assets, such as real estate, vehicles, and other property, and usually a list of debts. A will may also provide directions for a funeral or memorial service.
Usually, every will must go through a probate court before execution. In some states, it may be possible to avoid probate under specific conditions. Certain assets, such as insurance policies and retirement accounts, may, if planned properly, pass directly to named beneficiaries without probate. (more…)
Here’s a roundup of all the events, live music, and entertainment happening around Alexandria this weekend, Friday, December 6, through Sunday, December 8, 2024.
Are you organizing an event? Submit events to ALXnow.
Here in Alexandria, real estate is a spectator sport. Let’s take a look at some of the most and least expensive single-family homes sold last month (November 2024).
Most expensive townhouses sold
Come celebrate the 250th anniversary of America’s War for Independence with renowned music historians David & Ginger Hildebrand for performances of special period music. The Hildebrands will don period attire to discuss and perform music associated with Alexandria’s sister cities: Caen, France; Dundee, Scotland; Helsingborg, Sweden; and Gyumri, Armenia. Scottish music was especially influential in the American colonies, and once the French joined the Revolutionary cause there were musical celebrations for Generals LaFayette, Rochambeau and other French leaders. This concert event is part of the “Alexandria commemorates America’s 250” campaign. David & Ginger specialize in researching, recording, and performing early American music. Since 1980 they have presented concerts and educational programs throughout the country and abroad at museums, historic sites, schools and universities. Mount Vernon, The National Gallery of Art, The National Archives, and Colonial Williamsburg are among their many past sponsors.
Tickets are $20.
Baku Delicious, a Fairfax cafe and bakery specializing in Azerbaijani cuisine, is opening a new location at 711 Pendleton Street next year.
Owner Sevda Tahirli filed a permit with the City of Alexandria to open an “art cafe, serving freshly baked pastries, coffee and teas.”
Say hello to the adorable and goofy Drew!
This playful pup is up for adoption through the Animal Welfare League of Alexandria. Drew is a 3-year-old tan and white dog who is tall and quite lanky.
Good Thursday morning, Alexandria!
🌦️ Today’s weather: Scattered rain and snow showers will occur before 9am, followed by a slight chance of snow showers until noon. The sky will be mostly cloudy, eventually becoming sunnier, as the temperature drops to around 32 by 5pm. Strong west winds of 17 to 22 mph with gusts up to 49 mph are expected, with a 30% chance of precipitation. Thursday night will be clear, with a low of 27 and west winds of 14 to 16 mph, gusting up to 24 mph.
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Getting $500 a month from Alexandria with no strings attached is nice, but participants in the city’s guaranteed basic income pilot say things are still tough.
The news comes from a new report and brief on the impact of the first year of the city’s two-year Recurring Income for Success and Equity (ARISE) program.
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Despite concerns raised by families of residents at Silverado Memory Care (2807 King Street), Alexandria’s Planning Commission recommended approval of a change that will let facility substantially increase (item 7) its number of residents without expanding the facility.
The plan is to increase beds on the site from 66 to 90 without any building expansion by shifting to an increased number of “companion rooms” — rooms with two residents. Loren Shook , co-founder of Silverado Memory Care, said that 80% of rooms in most facilities are companion rooms.