Sussex County parents who have children with special needs are often dedicated to ensuring that the children receive the care they need under any circumstances. Knowing that they will not live forever, these parents use estate planning to help ensure that the care...
When many people think of trusts, they conjure up images of wealthy families and "trust fund babies" who may never have to earn a living. However, trusts can be important parts of estate planning for people from any financial backgrounds. If a Delaware resident's...
Married couples, especially those who have children, are told they should plan for a time when they are no longer alive. This focus does an injustice to single Delaware residents. Estate planning might actually be more critical for unmarried individuals. For example,...
People spend their lives working hard to save money and accumulate wealth - whether in saving accounts, investments or material assets. For many, the goal is to have something to leave their children and grandchildren when they pass on. However, even if you have been...
Some Delaware residents might not be aware of the fact that prenuptial and post-nuptial agreements serve another function besides providing for the division of property in a divorce. These agreements can also be part of estate planning. People who marry later in life...
Many Delaware residents will need long-term care as they age. Qualifying for Medicaid benefits to help pay for that care can be problematic. Fortunately, elder law does include some estate planning tools that could help such as a Miller Trust, which is an irrevocable...
More Delaware residents are passing away thousands of dollars in debt than in decades past. This could cause many people to want to account for the payment of their debts after their deaths. Estate planning could help them to determine the best way to ensure that...
It is summer time, which for many Delaware residents means that life is going at a slightly slower pace since their children are out of school. This might provide parents with the time they need to handle some neglected personal business -- estate planning. It might...
Every Delaware family is unique. This means that any estate planning done by individuals needs to be tailored to the particular circumstances of each family. In many cases, this could mean that assets are not going to be divided equally among heirs and beneficiaries....
None of us like to think about accidents, injuries or illness. Unfortunately, it is a part of life. When accidents or illnesses occur, it can make it impossible to make decisions for yourself. Having a power of attorney in place will help ensure your financial...