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June 2015 Archives

How the SCOTUS gay marriage ruling affects estate planning

While gay rights activists in Delaware and around the country celebrate the June 26 Supreme Court decision regarding the constitutionality of gay marriage, estate planning attorneys may have more practical reasons to applaud the historic ruling. Prior to the Supreme Court decision, the laws regarding same-sex couples were often contentious and differed from state to state. The court's decision levels the playing field, and gay couples can now enjoy the same inheritance, spousal support, and custody and guardianship rights as heterosexual couples.

The uses of a blind trust

Individuals in Delaware may wonder what is meant by the term "blind trust" and whether a blind trust would be a useful estate planning tool. In general, blind trusts are used by public figures to separate themselves from direct association with one of their sources of wealth. The "blind" in the name of the trust refers to the fact that a settlor places certain assets in the trust for a trustee to manage without the settlor's input as to how the trust is being managed.

Why spouses matter in estate planning

As residents of Delaware and elsewhere in the country enter the latter stages of their lives, financial experts expect trillions of dollars to be transferred, including will and trust bequests, charitable contributions and estate taxes. Their spouses will likely play a critical role in how such wealth is distributed.

What Our Clients Say About Us…

My wife and I would like to take this opportunity to highly recommend the legal practice of Bonnie Benson and her very professional staff… Bonnie and her staff are organized, engaged in the client's case and they communicate effectively.

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Camden Office
306 East Camden Wyoming Avenue
Camden, DE 19934

Phone: 302-697-4900
Fax: 302-697-4901
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Lewes Office
33718 B Wescoats Road
Lewes, DE 19958

Phone: 302-644-7181
Fax: 302-644-7182
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