Charitable remainder trusts are a type of irrevocable trust that allow someone to make a substantial gift to charity while continuing to receive income from invested assets. This type of trust can provide an income stream for either a specified period of years or the...

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Estate Planning

Elder Law

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Estate Planning
How are long term care facilities rated?
Finding the perfect facility for your elderly close friend or loved one may seem like a daunting task. You want your loved one to be properly cared for, comfortable and treated well in their new home. While doing your research, you can look at the ratings given to the...
What traits should you look for in an executor?
As you look over your will, you may begin to think seriously about who you should choose to be your executor for your estate. Finding the best person for this role can be easy if you take into account a few important details. Willing and ready According to Kiplinger,...
What is digital estate planning, and how can it benefit you?
There are many things to consider when planning your estate. One of the more overlooked areas in estate planning is digital estate planning. You may have accumulated many digital assets in your lifetime. If you would like to share these assets with your family or...
3 different ways to update your will
Just because you have composed and signed your will does not mean you will never look at the document again. In fact, you may need to review your will at different points in the future. This is because life can bring many changes, perhaps even major ones that you...
What traits should your executor have?
While writing your will and planning out who will take care of your estate, you may also begin to think seriously about who you can choose to fulfill your wishes. Choosing a quality executor can have an important influence, so knowing what traits make for a good...
Tips for getting your commercial property ready to rent
Commercial leases are a great way to support yourself and the community. New business owners, or those looking for a new location, can take the next step in their journey by moving forward with a commercial lease. In some ways, buying the building is the easy part....
Is Delaware a tax-friendly state for retirees?
As you near retirement, you may consider relocating to a state that is not just more affordable but that is also retirement friendly. Though many of your friends and peers may prepare to head south to Florida or Texas, you may hesitate to move so far away from your...
How may I recognize elder mistreatment by caregivers?
When you spend time with elderly relatives, you may recognize signs of mistreatment by their caregivers. The Administration on Aging reports that 28% of older adults live by themselves. Many seniors, however, receive help from in-home caregivers who visit their...
An encroachment or easement may affect a future real estate sale
Established boundary lines may change based on encroachments and disputes between neighbors. MillionAcres.com reports that encroachment occurs when a neighbor intrudes over a boundary line without the property owner's authorization. When a garden grows onto a...