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January 2018 Archives

Considering a trust when it comes to estate planning

Many Delaware residents may have made a New Year's resolution to get their affairs in order this year. This includes estate planning in order to ensure that surviving family members are provided for in the event of death. When it comes to making decisions regarding how that plan will be structured, a trust may be a consideration.

Understanding HOAs in residential real estate transactions

Does the Delaware home you want to buy mean that you will have to join and pay dues to a homeowners' association? If it does, you may want to gain an understanding of certain terminology associated with residential real estate HOAs. This may help you when you review all of the rules and regulations, bylaws and covenants, conditions and restrictions of the community in which you are considering buying a house.

Elder law issues: The importance of powers of attorney

Like many other Delaware residents, you more than likely do not want to think about a time in your life when you will not be able to make decisions for yourself. However, as you age, you may wonder if such a time could come. This eventuality makes powers of attorney so important in elder law.

These estate planning steps could ensure wishes are followed

Delaware residents who wish to "get their affairs in order" need to take certain steps to ensure that their wishes are followed. Estate planning in and of itself does help, but if mistakes are made, it could undo the efforts. In order to help ensure that everything goes according to plan when the time comes, it may help to keep the following in mind.

Not married? Protect each other through estate planning

Considering the high number of Delaware couples who divorce, a couple may decide that marriage is not for them. They believe that a document will not change the nature of their relationship, so why bother. That may be the case for a marriage license, but when it comes to estate planning, those documents could make all the difference.

How can contingencies protect me when buying a home?

Purchasing a home in Delaware is a major financial and legal step, and it is prudent to make every effort to ensure that you understand how to protect your interests. One of the ways you can do this is by including contingencies in your contract. Before you sign anything, you may consider how the wording of your purchase agreement could shield you from unnecessary financial risk.

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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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33718 B Wescoats Road
Lewes, DE 19958

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