Camden Delaware Real Estate Law Blog
3 First-time homebuyer mishaps to avoid
For many, buying a first home is one of the largest and most impactful financial decisions of their lives. As exciting as the house-hunting process is, it can also be incredibly intimidating if you don't know where to start. If you are ready to take the next step into...
Use a trust for potential disinheritance
Living trusts are trusts that you create while you are alive. In estate planning, most people know the vague idea of a trust but may not know the specifics of how it works. They also may not know how a trust can benefit a person in case your beneficiaries change or...
How should you handle business succession planning?
Delaware business owners like you dedicate time, money and effort to your business. You build it from the ground up. You nurture and care for it. You put your heart and soul into it. So what do you do when it is time to pass on the torch? Business succession planning...
Why should you have a will?
You may not think that you need a will, especially if you are younger, just starting a family or at the beginning of your career. You would not be alone—70% of Americans do not have a will in place. However, a will can be an essential tool at any stage of your life....
Planning to avoid federal estate taxes
As you focus your attention on your estate planning, one alarming aspect soon arises: there is the possibility that much of the hard-earned assets you hope to pass on to your heirs in Camden will have to go towards settling your estate's liabilities. Even if you leave...
How to receive Medicaid benefits with a higher income
Medicaid provides a variety of benefits for certain groups of people. As people age, there is more of a concern of how to pay for healthcare services without depleting their savings and hard-earned income. Fortunately, there is a way to decrease stated income so that...
What should I know about buying a second home?
Many people choose to purchase a second home in Delaware. Whether you are looking for a simple vacation home or a potential retirement home, there are many reasons to look favorably at spending time in the first state in the Union. However, buying a second home is...
Tips for buying a home
There is a ton of things that someone should know when it comes to buying a home. Whether someone is a first-time buyer, or they are looking for a home to enjoy your retirement in, there is always something new they can learn about the buying process. Some tips are...
Can I establish a power of attorney to take effect on a future date?
As we age, we begin to consider needs that we did not before. One of the more important decisions we will need to make is who will be responsible for us when we are no longer able to adequately care for ourselves. Waiting to make this decision until after our health...
Divorce after 50 and your estate plan
Many divorces that happen today involve spouses who are in their 50s, 60s or even older. These divorces may happen in remarriages or in first marriages. Regardless of how many times a person has been married, their divorce may send shockwaves through the extended...
