Some Delaware residents may have heard that it is better to set up an estate plan without a will to avoid the delay, cost and lack of privacy that probating a will creates. While a will is still the best option in some circumstances, other vehicles for transferring...
Although estate planning may stir thoughts of aging parents in the minds of young Delaware residents, anyone of sufficient age to create an estate plan should consider doing so. The idea of assigning the passage of one's high school mementos on to parents or friends...
Many Delaware residents assume that an estate plan only deals with determining who will get a person's property after the death of the owner. While both trusts and wills do handle these issues, a complete estate plan will also deal with how the individual will be...
Many Delaware residents take the time to prepare an estate plan to ensure that the loved ones that they want to have their belongings after they die actually receive them. However, one of the biggest estate planning mistakes is letting the plan remain the same as...
While gay rights activists in Delaware and around the country celebrate the June 26 Supreme Court decision regarding the constitutionality of gay marriage, estate planning attorneys may have more practical reasons to applaud the historic ruling. Prior to the Supreme...
Individuals in Delaware may wonder what is meant by the term "blind trust" and whether a blind trust would be a useful estate planning tool. In general, blind trusts are used by public figures to separate themselves from direct association with one of their sources of...
As residents of Delaware and elsewhere in the country enter the latter stages of their lives, financial experts expect trillions of dollars to be transferred, including will and trust bequests, charitable contributions and estate taxes. Their spouses will likely play...
Delaware residents may be aware that there have been a number of federal tax law changes in recent years that have significantly altered the way that estate planning should be approached for wealthier individuals. Between 2004 and 2015, the federal estate tax...
Many people in Delaware focus a lot more of their attention on their retirement plan than they do on their estate plan. Although few people enjoy thinking about what will happen after they die, it is important for Delaware residents to plan how their property and...
Delaware residents who are starting to plan on how their assets will be distributed when they die may be able to learn some lessons from the family conflicts over the estate plan of the late comedian and actor Robin Williams. Even though Williams had an estate plan...