Saving up money to make a significant down payment on a Delaware home might prove to be a challenge. Such difficulties may lead you to consider the use of a rent-to-own agreement, which can let you rent a home for a period until you finally buy it. However, you might...
Month: October 2014
Designating who manages your Social Security benefits
Social Security could be a crucial part of your retirement, so it is natural that you should want to keep control over your Social Security payments and benefits. However, older age or an illness may someday make it necessary for you to find help managing your Social...
Protect older adults when buying intergenerational shared homes
Intergenerational living arrangements, where many generations share a home, are on the rise. This living situation can be an attractive option for many families. It offers many benefits, including mutual support, companionship and cost-sharing. It can also provide...
Legal planning for elders with no family
Families often help their elders with legal planning. However, elders without families also need to make sure they have a plan for their future. This plan should include legal documents that clearly dictate how their health, finances and other personal matters should...
3 common issues discovered during title searches
A thorough title search is an important part of purchasing any property. The title search involves examining the public records to establish the legal ownership of the property and uncover any potential issues that might interfere with the property transfer....
Estate planning for seniors with digital assets
As technology becomes a standard part of life, seniors must consider their digital assets during estate planning. This involves more than just managing physical and financial assets. It also includes everything from social media accounts to online bank accounts and...
Should you place your home into a trust?
As you progress into your older years, you are likely aware of the need to make sure your children or other younger relatives end up with your home after your death. However, probate can be lengthy, expensive and public, which may not align with your wishes....
These 3 things can increase how much you sell your home for
When it comes to selling your home, maximizing its selling price is likely one of your top priorities. You probably know that it takes some elbow grease to increase your property's value, but it is not easy to know where to start. While many factors can influence how...
How can a conditional sales agreement get you into a home?
Trying to get all your finances in order to buy a home might prove frustrating. You may have trouble getting everything together as quickly as you want, and you could fear losing the house to a better-prepared buyer. This is where a conditional sales agreement may be...
What you should know about eminent domain in Delaware
Eminent domain is a legal process through which the government can acquire private property for public use. In Delaware, state law and the United States Constitution grant this power. However, when the government exercises eminent domain, it needs to adhere to several...