Closing on a new house is exciting. Whether it is your first time, or you are a seasoned homeowner, it is a good idea to brush up on the closing details. There are some common issues that may crop up in the few days leading up to the final signing, and preparing helps...
Elder Law
3 things to add to your estate plan before retirement
Many people make the decision to start estate planning early on in life. It can be a prudent decision, especially for young adults starting a family who want to ensure their children will receive proper support in a worst-case scenario. If you do already have an...
4 frequently asked questions about Medicaid planning
Estate planning is an important step to securing generational wealth, but you should also account for how you will cover healthcare costs as you age. The sooner you identify your need for medical cost assistance, the more prepared you will be. Medicaid is different in...
Why you still need an estate plan if you do not have kids
Some Delaware residents never create estate plans, and they often cite similar reasons for failing to do so. Some feel as if they do not have enough assets to make estate planning worthwhile. Others neglect to create estate plans because they do not have children and...
What are home items that could be appurtenant?
When you take a tour of a house that you want to buy, you expect that what you see is what you get unless the seller tells you otherwise. So if you decide to purchase the property only to find something is missing later on, you might think the seller had misled you....
Wills and estate planning in Delaware
If you’re reading this, congratulations, you’ve chosen a great state to settle and presumably retire in. Delaware has numerous tax benefits, some of which become important after you pass away and your family distributes your estate. Here are a few things to remember...
Does my aging parent need a guardianship or power of attorney?
Getting older has many advantages, but it also comes with concerns such as taking care of yourself as you do. While managing finances and medical care may be a normal part of life for an independent adult, the aging process can have a significant impact on a person's...
Should you agree to be a special needs trustee?
Special needs trusts are a unique estate planning tool that allow certain individuals to receive financial help while still qualifying for public benefits. If you have a friend or relative who has a disability, someone may have asked you to serve as the special needs...
How can your child use a special needs trust?
If you are the parent of an adult child who has a disability, you may have little choice but to encourage him or her to apply for public benefits. After all, Supplemental Security Income, Medicaid and other needs-based government programs help Americans with...
Why first-time buyers should never waive home inspections
As someone looking to buy a Delaware home, you may understand firsthand that there are many moving parts involved in purchasing a new place to live. With everything you have on your to-do list, you may feel tempted to forgo having a home inspection performed on the...
