A trust allows you to pass along your wealth to your heirs. It has advantages over a will because probate proceedings take time, require fees and are open to the public. The State of Delaware is a popular choice for people establishing trusts. The legislative and...
There are many complicated decisions to make during the estate planning process. Not only must you choose a qualified guardian for your children and the beneficiaries of your property, you must select the executor of the estate. The executor plays a vital role in...
People in Delaware who get married for the second, third or subsequent time have every right and reason to feel positive about their futures. However, they should not focus just on the fun aspects of planning a wedding and the logistics of where they will live after...
When someone dies with real estate in multiple states, ordinarily each state decides how to handle the property within their borders. One cabin in each of three states may mean the family must navigate the probate laws of three separate states. There are ways to...
Creating an estate plan in Delaware is a task that everyone should accomplish. Everyone from single millennials to wealthy baby boomers can benefit from estate planning. There are many different documents and tools that can help you accomplish your goals regarding...
If you are setting up an estate plan in Delaware, you may hear about something called a healthcare directive. Those who are young and healthy may not see a need to worry about their end of life care, but the truth is that no one is exempt from injury or sudden...
As Delaware residents plan for their retirement, many determine that an estate plan is especially important when facing the reality of this new phase of life. Many with significant assets may opt for a living trust to handle their money. With a trust, your assets are...
Retirement is the time when you can finally live your life for yourself. The children are grown and you are finished working. You no longer have to answer to anyone but yourself. One of the things you may decide to do is move to Delaware. This state has a lot of...
Whether you are planning a family or planning retirement, you may want to consider drafting a last will and testament. This legally binding document protects your property, assets and loved ones should you become the victim of a tragic accident and lose your life or...
You have recently had a daughter, and you want to make sure you can provide what she needs for success. That means planning for her future if you die while she is young. Here are two essential estate planning methods for protecting your daughter’s future. Name a...