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...
Month: July 2016
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...
Should you estate plan alone or with your spouse?
When it comes to estate planning in Delaware, one decision is whether to go solo or involve your spouse. Both options have their merits and drawbacks. Understanding them can help you make an informed choice. Individual needs Delaware has a rate of about 13.6 marriages...
What expenses does a Miller trust cover?
You should not have to worry that your income level will push you past the eligibility requirements to receive Medicaid benefits when you need them. Delaware law allows for the establishment of a Miller trust to help you qualify for Medicaid long-term care services. A...
3 things to include in your special needs trust
If you have a child with special needs, you likely worry about providing care and meeting their needs after you are gone. Establishing a special needs trust is one way to provide financial resources for their care without costing them their government benefit awards....
Signs of home inspection scams
Whether you want to move to a quieter neighborhood or want to downsize, you might look at getting a new, smaller home in a Delaware neighborhood. If you have experience with purchasing a residence, you know to obtain an inspection of the home before you commit to it....
Why is title insurance important?
Buying a home is a big deal for many people. One important aspect of the home-buying process is title insurance. If you are looking for a new home, it is beneficial to understand why title insurance matters since it acts as a safety net for several reasons. Making...
