Lee Legal keeps abreast of the local economy in Virginia, Maryland, and Washington, D.C. so you benefit from current developments. Lee Legal examines the legal and financial big picture to determine what options are best for you.

From income inequality to minimum wage to personal finance issues, we want you to feel comfortable with the solutions we present. Context is important.

The Case for Universal Basic Income

November 13, 2018 Brian V. Lee

Could universal basic income bring an end to poverty in America? A lot of big thinkers think so. What is Universal Basic Income? Universal Basic Income (or “UBI”) is the idea of providing a guaranteed income (like $500 a month) [ . . . ]

How to Eat Healthy on a Budget

October 12, 2018 Gina Mangiaracina

Americans love to eat. Each person with an annual income of $75,000 spends nearly $8,000 a year on food and alcohol, according to the Bureau of Labor Statistics. Living on a tight budget, doesn’t have to mean a life of [ . . . ]

How to Build an Emergency Savings Fund

September 14, 2018 Brian V. Lee

A recent study found that 57 percent of Americans have less than $1,000 in savings, while 69 percent have less than $5,000. That’s not enough to get you through an emergency. Here’s how to build an emergency savings fund. Emergency savings [ . . . ]

Freeze Your Credit, Don’t Lock It

August 20, 2018 Brian V. Lee

A new law — the Economic Growth, Regulatory Relief, and Consumer Protection Act — takes effect on September 21, 2018. The law requires the big three credit bureaus to offer free fraud alerts and credit freezes. Equifax, Experian, and TransUnion [ . . . ]

What Happens to My Debts When I Die?

August 7, 2018 Gina Mangiaracina

When planning a future for your loved ones, you do not want your legacy to include a mountain of debt. Many people are unaware that their debts can continue to haunt those they leave behind. Whoever you select to manage [ . . . ]

Are You ALICE? 43 Percent of All Americans Are

June 8, 2018 Brian V. Lee

The United Way has released a study on Americans they classify as ALICE, which stands for Asset Limited, Income Constrained, Employed. The study found that this group does not make the money needed “to survive in the modern economy.” Are you [ . . . ]

Too Big to Fail, Small Enough to Jail

May 9, 2018 Brian V. Lee

The 2017 PBS Frontline documentary Abacus: Small Enough to Jail tells the story of the Abacus Federal Savings Bank, a family-owned community bank situated in NYC’s Chinatown. Abacus became the only financial institution to actually face criminal charges following the [ . . . ]

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