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November 2017 Archives

How can I protect myself when selling my home?

If you are planning to sell your Delaware home, you know that there are many things you need to do to prepare for the process ahead. There is much more involved with selling a home than simply putting a for sale sign in the front yard. You would be wise to take the steps necessary to ensure the full protection of your interests. This can help you avoid problems with the selling process as well as help you avoid legal complications in the future. 

Delaying estate planning could be costly for family members

How often do Delaware residents hear that they should "get their affairs in order" before it is too late? Even so, a large percentage of the population of the state -- and the country for that matter -- delays engaging in any estate planning. The reasons for this are numerous and vary from individual to individual, but failing to have some sort of estate plan in place often ends the same way -- with surviving family members potentially losing out on an inheritance because they end up spending valuable assets from the estate going through the courts.

Careful estate planning is needed for special needs children

Many special needs children become special needs adults. For the Delaware parents of such an adult, planning for his or her physical and financial security is a priority. That planning needs to extend beyond the lives of the parents, which means that estate planning also becomes a top priority.

Seeking guardianship through elder law

When creating an estate plan, there are many factors to consider beyond how to divide one's assets after death. In fact, with proper elder law guidance, an estate plan can be a valuable resource in many stages of life. One example is by establishing a power of attorney against the possibility that the testator should become incapacitated by age or illness. However, few people in Delaware take advantage of this tool, which may require loved ones to seek legal guardianship.

Elder law addresses personal needs of nursing home residents

While multi-generation households may have been the norm in the past, they are less common these days. Aging parents prefer to stay in their own homes, and adult children often need two incomes to support their families. Just a few years ago, a decline in health may have meant an older parent ended up in a cheerless nursing home, with little room for personal belongings and less concern about a resident's preferences. However, by revisiting elder law reforms, some Delaware nursing homes are striving to bring about positive changes.

You get to decide what happens to your business in the future

As a Delaware small business owner, you know how difficult it can be simply to run your business, keep up with your financial obligations and stay profitable. As much work and thought as you put into the initial stages of your business, you would be wise to do the same at the end of your business operations. Business succession planning is important for every entrepreneur, no matter the size or type of business you have. 

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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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