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...
For some Delaware residents, getting married for a second time does not require as much pomp and circumstance as it did the first time. On the other hand, some of the premarital preparations are actually more important before to a second marriage. Estate planning is...
Prince went to great lengths to obtain and control the rights to his music, which many Delaware music fans might have discovered when they attempted to stream his music online and were denied access to it in the days following his death. Since his death, it has also...
Since 2013, same-sex couples have been able to marry here in Delaware. With the passage of the necessary legislation, same-sex couples received the same rights that have been enjoyed by their heterosexual counterparts for decades. However, just as is the case with...
Estate planning can have a wide variety of goals, depending on a person’s financial situation, family arrangement, moral values, and so on. One important issue to account for in all estate planning, though, is tax planning, and particularly estate and...
When planning for retirement or developing an estate plan, one of the most common questions people have is whether there is an inheritance tax in Delaware. The answer is no. There is not an inheritance tax. However, there is an estate tax. But, the estate tax...
Trusts are estate planning documents that are sometimes used to arrange for assets to be passed on after someone's death, similar to the way that a will establishes who will get what when a person dies. However, trusts can do a lot more than what a will can, allowing...