If you are thinking about creating a trust and one of your beneficiaries receives SSI benefits, you need to understand how trusts can affect SSI eligibility. Sometimes, trusts count as resources with respect to SSI, but there are exceptions, such as special needs...
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What are the reasons to create an irrevocable trust?
Creating a trust may be a part of your estate plans. Trusts generally fall into two different types, revocable trust and irrevocable trust. While revocable trusts can be beneficial, sometimes they do not offer the kind of asset protection that a trust creator wants....
How can you avoid first time homebuyer mistakes?
When seeking out your first home, it is likely you will feel overwhelmed. After all, you have a lot of information to process and contend with. On top of that, mistakes can end up costing you time, money and even your perfect home. So how do you avoid these mistakes?...
Easements and the problems they hold
When buying a plot of land, whether 6,000 square feet or 200 acres, easements may be a part of the property. An easement agreement between two parties permits one party to use another person or company’s property for a specific person. However, if you or your title...
How contingencies work when buying a home
Purchasing a home in Delaware involves a multistep process, and two terms you might become familiar with along the way are “contingencies” and “disclosures.” Both contingencies and disclosures help protect your interests when you are on the hunt for real estate....
What are the stages of a nursing home bedsore?
Nursing home abuse can take many forms, but one of the most potentially damaging to an elder person's well-being is the development of bedsores. These skin and tissue injuries occur when someone has a limited range of movement or cannot move on his or her own and the...
Young people can reap the benefits of estate planning, too
Select audiences are largely – sometimes even avidly – interested in topics pertaining to estate planning and administration. However, younger people typically do not see estate planning topics as relevant. Vetted research into people who are in their 20s and 30s and...
Should you hold an open house when selling your home?
Selling your home in Delaware requires you to make your property appealing to potential buyers. Once you have done all you can, the test of patience begins while you wait for interested buyers to come your way. Holding an open house can have substantial benefits for...
Important considerations before becoming a landlord
When people decide to retire in Delaware, they may purchase a home and rent it out until they retire. There are several factors that people should consider if they plan to take this step. One of the first things that people need to consider is what kind of tenant they...
How can you tell if your elderly loved one has dementia?
If you worry about your elderly parents' developing dementia, then you may want to begin estate planning talks. When someone develops dementia, he or she may lose the ability to take care of finances or medical care. According to the CDC, dementia is a general term...
