Most parents hope to split their assets equitably between children when they pass away. But if one child has an addiction to opiates, alcohol or another substance, parents can become concerned that leaving assets to that child is not a responsible decision. There are...
Dying without a will is almost never in people's plans. But with so many people in Delaware procrastinating on starting the estate planning process, this certainly does happen from time to time. Dying with a will that is deemed legally invalid can have the same...
Finances are often considered very personal matters, but when it comes to estate transitions certain family members may need to know what is going on. Parents in Delaware often wonder how much they should share with their children about estate planning. While it is...
Many people think all they have to do when planning their estate is draft and sign a will. However, for many Delaware adults, the estate planning process can be a lot more complicated. Properly transferring wealth between generations can end in conflict, financial...
When it comes to drafting future plans, lack of information can be a significant liability for people and their family. For Delaware residents, there many legal and tax considerations involved in estate planning. It is a good idea to research the best practices before...
Business owners or those with a large amount of property have many considerations when developing estate plans. As both business owners and large-scale real estate owners, Delaware farmers have many things to think about when it comes to estate planning. There are...
Many people think that preparing plans for their estate is merely a matter of drafting a will. However, this piece of paper alone may not complete the estate planning process for those preparing such plans in Delaware. It is important to regularly review the will,...
Parents or those caring for minor dependents have many difficult decisions to make that will affect their children's future. Among these are clarifying who should care for minor children should something happen to the parents. It is important that parents carefully...
Many Delaware residents may have made a New Year's resolution to get their affairs in order this year. This includes estate planning in order to ensure that surviving family members are provided for in the event of death. When it comes to making decisions regarding...
Delaware residents who wish to "get their affairs in order" need to take certain steps to ensure that their wishes are followed. Estate planning in and of itself does help, but if mistakes are made, it could undo the efforts. In order to help ensure that everything...