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...
Delaware residents might benefit from understanding more about some of the fundamental steps involved in sound estate planning. Developing an estate plan allows individuals to allocate how their assets will be distributed in the event of their death. For many people,...
According to one survey, business owners are more likely to have outdated estate plans than updated ones. For many business owners in Delaware, estate plan revision could be a reliable way to reap the most benefits. Out of the 513 business owners who were surveyed,...
Delaware residents may have heard that Robin Williams' family is engaged in a legal war over his estate. Though the comedian had a current estate plan and will, his third wife and three children are battling over personal items, such as his clothing, fossil...
With modern technology comes a new class of assets, known as digital assets. They include online properties like a person's Facebook page, an online file storage account, a blog, email accounts and other social media profiles. Unless a person includes these digital...
At times, a guardianship in Delaware may have to be transferred to another state. Before this can happen, the guardian is required to petition the court in Delaware for the transfer. After a hearing is held on the petition, the court in Delaware will grant a...
Individuals in Delaware who are planning for the distribution of their assets after death may find it helpful to look to some recent celebrity estate planning errors. Making the appropriate arrangements based on the value of assets, communicating with family members...