A health care directive is a legal statement that discusses your medical preferences if you experience incapacitation and cannot make your own medical decisions. These documents provide guidance for your family and health care professionals if you experience terminal...
Elder Law
How often should you update your estate plan?
Once you write an estate plan, you may feel like that is all you need to do. However, it is actually just the first step. You should review and update your estate plan every so often. But how do you know when to do a review? Regular 3-5 year reviews Forbes discusses...
How can I preserve my family farm after I die?
Delaware is an attractive state for retirement due to its favorable tax and estate planning laws. If you own a farm in the state, you also can benefit from these perks. Since your farm is a business, you may wish to preserve it. Your biggest mistake is not having a...
Trust fund options for parents of special needs children
Assuring children have financial security throughout their lives is a critical duty. It is even more vital when the offspring bear special needs. Fortunately, setting aside money for a child with challenges can be easy. This is especially true if one embarks on the...
Will a deed be enough to gain ownership of a home?
Buying a new home in Delaware may complete your plans for a comfortable retirement. Acquiring a house deed can establish that you fully own your new residence. However, this is only if the title to your home is clear of any problems. To understand why a deed may not...
What is risk of loss, and how can it affect a home buyer?
A home is typically a person's most significant investment. In fact, many people still view real estate as a wealth-building tool. To protect all parties in the process, numerous laws govern transactions, and there is substantial paperwork. However, an accident could...
Choosing the right trust
While not always easy to think about, adults of any age need to start thinking about wills and estate planning. For people who have already acquired property and other assets, ensuring what you built goes where you want remains key. Depending on your situation,...
Is your executor up for the job?
An executor should know you well, understand what you want, and be able to serve in your best interest after your death. However, they also need to have a number of other skills, because the job itself is quite demanding. Do they have the right communication skills?...
What do estate executors do?
When choosing your executor, you likely want to go for someone that you know well. However, what you should be aiming for is someone who can stand up to the responsibilities that the role entails. Estate executors actually do a lot of heavy lifting when it comes to an...
What are the most common types of elder abuse?
If your loved one enters a care facility or has at-home caregivers, you expect that he or she will receive optimal care. Unfortunately, that is not always the case. Abusers may target members of the vulnerable population. In Delaware, an older adult who relies on the...
