Camden Delaware Real Estate Law Blog
When is a guardianship necessary?
A guardianship is a legal document that gives you the right to make legal decisions for another person. You may have created it as part of your will concerning your minor children. There may come a time, however, where you may need legal guardianship over an adult....
What is a living will, and do I need one?
Most people know that wills and trusts are for upholding the final wishes of the deceased. These documents ensure that loved ones properly inherit assets, establish a guardianship, and help avoid lengthy probate procedures. If wills and trusts are this useful, what...
Do family members make the best executors?
Delaware residents like you are meticulous about estate plan creation and management. This means you want the best of the best looking after your estate, too. In other words, you want an executor that you have no misgivings about. You may think this makes a family...
Should I put my child’s name on my deed?
Generally speaking, it is a good idea to take nearly any action to help your heirs avoid probate. Probate can be very expensive, time-consuming and the public nature of it is off-putting for many. Some homeowners are looking to put their children's name on their deed...
How do you find a good business successor?
Delaware business owners like you need to spend time thinking about your successor. This person will determine the direction your company goes after you pass it on. You should put a lot of care and consideration into this choice. Are there any tips for choosing a...
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...
