When most Delaware residents think about a time in their lives when they will not be able to make decisions for themselves, they imagine being elderly. However, a debilitating illness or injury does not discriminate. Even young adults could end up needing a trusted...
Delaware law allows a number of ways to leave real estate to loved ones after death. When conducting estate planning, all of the options should be explored in order to ensure that the transfer is accomplished in the best way possible, according to family...
Probate is not the dirty word that many Delaware residents envision it to be. People are encouraged to engage in estate planning in order to avoid going through the probate process, but the fact is that nearly every estate goes through some form of probate. How an...
Delaware's baby boomers are not the only ones who need to get their affairs in order to ensure their families are taken care of after their deaths. No one knows what the future holds, and it pays to be prepared. That means that even millennials could benefit from...
Not every Delaware resident should receive an inheritance outright or is old enough to inherit property. In order to make the most of estate planning, it may be beneficial to consider using a revocable living trust. This type of trust is created during an individual's...
Delaware parents strive to provide for their children both before and after death. During estate planning, many parents struggle with ensuring that they treat each child fairly, and for many people, fair means equal. Unfortunately, equal does not always adequately...
Many Delaware residents use the beginning of the year to reevaluate their lives and life choices. This is also a good time to review any estate planning done previously. Keeping these documents up to date can prevent issues for surviving family members when the time...
The death of a loved one is almost always a difficult time for a family. Oftentimes, family members would rather dedicate their time and energy toward grieving and supporting each other through a trying time than dedicating that same time and energy toward legal...
Many Delaware grandparents want to leave their children and their grandchildren an inheritance. Ordinarily, grandchildren are named as alternate beneficiaries should the parents predecease the grandparents, but gifts and inheritances for grandchildren can be arranged...
Most Delaware residents work hard to provide for their families both during life and after they are gone. Estate planning can help to secure the financial future of their children, but it would be a good idea to look back a generation before proceeding. How their...