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The Westmoreland Journal
King George, Virginia
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February 25, 2009     The Westmoreland Journal
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February 25, 2009
 

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Last Saturday our family traveled over to Gloucester County in the Mid- dle Peninsula to see two of our clients about possible estate sales. After visit- ing the clients we went to our favorite eatery in Gloucester Courthouse, The Wild Rabbit on Main Street. The food there is uni- formly excel- lent, and the ambience is especially in- teresting be- cause of the "peppering" of antiques in the dining rooms. HENRY Near our LANE HULL tablewas this race Victo- rian walnut marbletop table. It dates from the mid-nineteenth century and has the characteristic Eastlake intaglio cutting onthe corners of the apron. The condition is excellent, and the finish seems to be original. The marble is in perfect shape, showing good signs of vear and age. The antiques in the restaurant are for sale, and the price for this table is $210, which I thought to be fair. Many other pieces are for sale, including some interesting mirrors made from old por- celain plates. They were priced under $30, which seemed quite reasonable, considering the amount of work that someone put into making them. The artwork is of fine quality as well, and is attractively hung throughout the restaurant Often we think of restaurants and antique shops as being different entities, but at The Wild Rabbit the two converge to make for very pleas- ant interlude while passing through Gloucester Courthouse. Apparently iii;:: the antique business is good there, for the pieces on display seem to change frequently. The food is always great, from homemade soups to delectable salads to marvelous paninis. If one has a reason to travel to Gloucester County, The Wild Rabbit is a must for fine cuisine. Main Street has received a facelift which has attracted some nice shops to open along its course, and parking is never difficult. If you go to Gloucester County and stop at The Wild Rabbit I can say, Happy Antiquing and "Don Appetit!" Tria, / 1 QUESTION: I am getting married for the second time. I have a son by my first mar- riage. I want to make sure my child inherits the house I own and some investments that I have. Is there any way to do that? ANSWER: The house you own now-before your marriage, and the investments you have now, are separate prop- erty as far as the divorce laws are concerned. However, once you marry,, if you mix these properties in any way, they may be subject to equitable distribution between you and your husband. For instance, if you combined the assets in the investments with investments made during marriage, that would affect the status of your investments. If you and your hus- band lived in your house together, that would affect the status of your house, particularly if your husband helped with repairs or maintenance on the house. The other concern is what will happen at your death if your husband and your daughter both survive you. Whether you make a will or not, your husband has the right to one-third of your estate. The obvious answer is to make a prenuptial agreement. That is a property settlement agreement made before your marriage. It can set aside assets you want to go to your daughter if your husband agrees with you. He may have assets he wants to protect as well. You can write it in any way you agree upon It may apply only upon divorce, or only upon your death, or at both times. You can make it apply only for a certain period of time. For instance, you may agree that if the marriage lasts for twenty years, it no longer applies. Another way is to give your child the house and retain a life estate for yourself, and structure your invest- ment so that it is payable upon death to your son. Still another way is to create a trust of which your daughter is the beneficiary. You would have to give up any control over the trust to be sure the trust itself would not be considered marital property (in the case of divorce) or estate property (in the case of your death.) That does not mean that you could not be a beneficiary of the trust during your lifetime. The best thing to do is to talk to a lawyer about the best option for you. Peggy Garland is an attorney in the firm of Smith & Garland in Montross. If you have a question, write to Peggy Garland at P.O. Box 905, Montross, Virginia 22520 or peggarla@aol. com. Camp Scholarship program for Colonial Beach youth ' The Colonial Beach Foundation is pleased to announce a full scholarship program for a limited number of Colonial Beach youth between the ages f 9 and 13 to attend a one week resident Summer Camp in Williamsburg, 1Virginia provided by the 4-H organization, a Virginia Cooperative exten- sion program which is a joint program of Virginia Tech, Virginia State and fhe U. S. Department of Agriculture and state and local governments. The Foundation's scholarship provides: i All camp costs which include tuition, room and board, transportation to camp and all activities. Spending money while at camp Miscellaneous supplies for each camper - sheets, towels, pillow, toilet items, sunscreen, etc. The Foundation will provide up to 20 scholarships for the 2009 4-H Camp Which runs from June 15 - 19, 2009. Applications MUST be submitted to the Foundation no later than March 31, 2009. Awards will be made by the Foundation and decisions will take into consideration several factors, including: applicant interest, need for financial assistance and value added to the applicant's development. All awards are final and made at the sole discretion of The Colonial Beach Foundation. Awards Will be announced no later than April 10, 2009 and awardees must accept and commit to at- tending the camp no later than April 15, 2009. Applications can be found at the Colonial Beach Public Library on Wash- ington Avenue or at the Colonial Beach Elementary and Washington District School Counselor's offices. i Applications are being accepted at the following: The Colonial Beach Library; Town Hall; The Colonial Beach Foundation, P. O. Box, Colonial Beach, VA 22443. Deadline for submission is March 31, 2009. Lisa and Henry Lane Hull operate Commonwealth Antiques and Apprais- als, Inc. at 5150 Jessie DuPont Hwy. (P.O.Box 35) Wicomico Church, Vir- ginia 22579 a firm which he founded in 1973. The appraisal service began in 1976. Write to him if, ere, or by e-mail at comantqu @ crosslink.net, with pic- tures and descriptions of items you wish to have him treat in "Antiques Considered." Please include a stamped, addressed envelope if you wish a per- sonal acknowledgement. Subscribe now and get The Journal online Don't wait for the mail! Call 775-2024 The Journal, February 25, 2009, Wednesday 3 What to do when you lose your health msurance By Janet Trautwein Every corner of the nation is reeling from the recession. The government recently reported that America lost 2.6 million jobs last year. And the national unemployment rate now stands at 7.6 percent. Because health insurance is usually tied to employment, many folks are at risk of losing their coverage. Fortunately, there are several ways that newly unemployed workers can obtain affordable health insurance, even if they're in less-than-perfect health. One option is individual health insurance on the private market. Individual policies can cover just one person or an entire family. There are thousands of agents across the coun- try who can help yott find an afford- able policy that suits your needs. The "agent finder" tool on the National Association of Health Underwriters' (NAHU) website at www.nahu.org can be a great resource for locating a qualified health insurance profes- sional near you. For those in poor health who may have trouble finding an affordable private policy, several other options exist. If you're recently unemployed, look into obtaining health insurance through COBRA. COBRA is a 1985 law that allows most workers to keep the coverage they got through their employer for up to 18 months after they leave their jobs, provided they pay the premium plus a 2 percent administrative fee. Sometimes COBRA coverage can be a little pricey. If that's the case, your spouse may be able to add you to his or her employer-provided policy. If not, the federal government may soon be able to help. The economic 4101 Professional Denture Services Serving the Fredericksburg Area Since 1989 Standard Complete Set $1.250 Premium Complete Set $1750 Complete or Partial Dentures / Relines / Repairs Same Day Service Available Robert B. Gentry, D.D.S. 12100 Kennedy Lane. Fredericksburg Appointment Recommended 540.786.0116 stimulus bill signed into law this week includes a 65-percent subsidy to help recently unemployed Americans pay for COBRA coverage. Effectively, laid-off workers wilt be able to pur- chase insurance for 65 percent off -- which is no small thing in these tough economic times. There are also many private and public assistance programs for which you might be eligible. The NAHU website's free "Healthy Access Da- tabase" contains a comprehensive list of all heahhcare assistance programs -- some of which may be in your area. Athird of America's uninsured popu- lation is already eligible for public health coverage. So be sure to log onto NAHU's website to see if there's a program out there for you. The current economic downturn is leaving no one untouched, but there are several ways to protect yourself -- and your health. Maintaining good insurance coverage in the face of a job loss can be easy for consumers willing to do a little homework. Janet Trautwein is the Executive Wce President and CEO of the National Association of Health Underwriters. 9 2 7 2 8 1 4 8 4 76 95 4 81 7 5 7 43 638971 9 6 3 5 1 7 8 6 4 9 2 Let Roy Shank, a top producing agent, full time since 1989, help you with all your real estate needs. ality Service Award/:or cus:tomer sails[action AAR Honors Society Coker Orthodontics John H. Coker, Jr., DA/I.D., MS., P.C. ii Celebrating 25 years in the Fredericksburg area. Specialist in Orthodontics for Children and Adults { Practiced in King George and Dahlgren for 16 years and a King George Resident (5401 775-2022 WWW.DRCOKIRORTHO.COM 9449 Grover Dr., Suite 100 (Across from Pern's Market on Rt. 3) Participating with most insurance plans Excuse Dur Mess, Just Making Way For The New Urgent Care Center Busy Beez Too Pre-school & Day Care .,:.. Previously Tender Tymes i ! NOW UNDER NEW MANAGEMENT NEWLY RENOVATED .-. , NOW ENROLLING i L: 6 a.m. -6 p.m. Ill > '   Monda" Frida