No one wants to spend a lot of time on their estate plan. In fact, finishing the plan tends to be a relief for most people. However, you cannot simply create a will or trust and leave the document forever. Various life events should trigger you to reevaluate your...
No parent wants to think about choosing someone else to care for their children. However, if you have a special needs child, it may be likely that your child will outlive you and still require guardianship or care throughout adulthood. Within your estate plan, you...
If you are in your 20s or 30s, it is crucial to focus on various facets of your financial future. From your career to marriage, retirement and investments, young adults should pay close attention to a number of immediate and long-term issues. Sometimes, younger adults...
Whether you struggle with a disability and want to protect your eligibility for government assistance that you depend on or you want to create a special needs trust on behalf of your disabled loved one, it is pivotal to understand how this estate planning option...
Ten years from now, you might be living in a new state or a whole new country. You might get married or have more children. People will come in and out of your life. Our lives are always changing. If you are not careful, your estate plan could become out of date. It...
Even if you have enjoyed a healthy life so far, you simply cannot predict what might happen in the future. Indeed, an unexpected illness or catastrophic injury can cause your overall health to decline rapidly. You even eventually may become incapable of making your...
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...
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...
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...
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...