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November 2016 Archives

Procrastination is the enemy of estate planning

Few people want to consider the fact that they are going to die someday. This often causes them to procrastinate when it comes to estate planning. In fact, nearly 50 percent of people here in the United States -- including many here in Delaware -- die without even a will.

The family pet needs to be part of estate planning too

Several Delaware families have pets that they consider part of the family. However, when they create an estate plan, they fail to provide for the four-legged members of their families. Pets need to be part of estate planning, too, since they could outlive their owners. 

Consider these steps when estate planning

Creating a well-rounded plan that will take care of Delaware residents during life and their families after death can seem like a daunting task. Estate planning provides numerous options, depending on an individual's wishes and needs. Fortunately, some basic documents can help in this endeavor.

Does Your Family Need A Caregiver Agreement?

In the coming years, the roughly 76.4 million individuals, who are today between the ages of 52 and 70 and are collectively known as baby boomers, will continue to age. By 2029, an estimated one-fourth of the population in the United States will be age 65 and older. If you are the son or daughter of one of the millions of baby boomers, it's important to discuss and make decisions today about potential future changes and issues that can significantly impact your loved one's health, finances and quality of life.

Guardianship and elder law: Taking care of aging family members

As family members age, they might not be able to take care of themselves like they used to in the past. This can be a difficult realization for everyone involved. If prior arrangements for this eventuality were not made through elder law estate planning, it will be necessary to petition a Delaware court for a guardianship.

Estate planning concerns regarding Delaware real estate

Providing for loved ones after death often includes leaving real estate, such as a family home, to an heir or beneficiary. Before moving forward with estate planning, Delaware residents will want to consider all of the possible ramifications to the person who will receive the property. Otherwise, what should be a generous gift could become a financial and logistical nightmare. 

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Camden Office
306 East Camden Wyoming Avenue
Camden, DE 19934

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Fax: 302-697-4901
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33718 B Wescoats Road
Lewes, DE 19958

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