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January 2017 Archives

Estate planning for grandchildren

Many Delaware grandparents want to leave their children and their grandchildren an inheritance. Ordinarily, grandchildren are named as alternate beneficiaries should the parents predecease the grandparents, but gifts and inheritances for grandchildren can be arranged as well. Special considerations need to be addressed during estate planning in order to ensure that those bequests and gifts are appropriately handled if the grandchildren are minors.

What are the core documents in estate planning?

Delaware residents who are considering making plans to provide for their loved ones after they pass away might not know what documents they will need. During estate planning, their needs are assessed, and a combination of the following seven documents will be considered. These are the documents that most people need in order to create an estate plan effectively dispose of their assets after death and provide for their care if incapacitated.

Take the guesswork out of residential real estate transactions

Buying and selling a home can be a complex and frustrating process. You want to make sure that you are getting the best deal possible and that it closes in a timely manner. Nevertheless, going through the due diligence, dealing with financing and making sure the title is clear can be overwhelming. You can take the guesswork out of Delaware residential real estate transactions by making the right phone call.

Estate planning for future generations requires communication

Most Delaware residents work hard to provide for their families both during life and after they are gone. Estate planning can help to secure the financial future of their children, but it would be a good idea to look back a generation before proceeding. How their parents intend to pass on their estates could directly affect how they structure their estate plans.

Blended families need special attention in estate planning

Some Delaware residents are fortunate enough to find love more than once in their lifetimes. When remarrying and bringing together two families, special attention will need to be paid to estate planning. Taking certain steps can ensure that everyone receives the inheritance that he or she was intended to receive.

Is a Move to a Nursing Home in Your or a Loved One's Future?

Between 1946 and 1964, an estimated 78 million babies were born in the United States. Since that time, baby boomers have gone on to run corporations, cure diseases and serve as U.S. presidents. Today the oldest boomers are in their early 70s and increasingly struggle with physical ailments and chronic medical conditions. In the coming years, a significant percentage of boomers and their loved ones will likely be forced to make decisions about nursing home care.

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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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