Short-term rental platforms have changed how people rent and use properties. As these platforms continue to grow, lawmakers are evolving landlord-tenant laws to address the unique challenges they present. New regulations are affecting both landlords and tenants,...
Real Estate Transactions
How residential buyers benefit from Delaware’s homebuyer programs
First-time buyers often face challenges when buying a home in Delaware. To address this, the state has developed programs to make homeownership more accessible and affordable. Delaware recognizes that homeownership builds strong communities and aims to support this...
Understanding spendthrift trusts
Have you ever wondered how to safeguard your assets for future generations? Enter the spendthrift trust, a powerful financial tool that could help protect your wealth. It may also help ensure the use of your wealth as intended. It is crucial to understand spendthrift...
How does cultural competence impact guardianship practices?
Cultural competence is really important in guardianship. It affects how guardians make decisions, how they meet the needs of the people they care for, and how they build relationships. Understanding cultural differences helps make sure the right choices are made for...
What unique estate planning needs do blended families face?
Blended families often face unique challenges when it comes to estate planning. Ensuring that all family members receive protection requires careful consideration and specific planning. Balancing interests of biological and stepchildren Estate planning for blended...
Ownership transfers: Traditional purchases vs. conditional sales
Timing is everything, whether you’re buying or selling a home. It's not just about knowing when you get the keys – it's about understanding all the responsibilities and rights that come with homeownership and when exactly they kick in. What if you're buying a house,...
The advantages of putting your home in a trust
As a high-net-worth individual in Delaware, you've worked hard to build wealth and create a comfortable life for yourself and your loved ones. But have you stopped to think about what would happen to your home if something unexpected happened to you? In this blog,...
How do life estate deeds impact Medicaid eligibility?
Life estate deeds are a popular estate planning tool that allows property owners to retain certain rights to their property while transferring future ownership to beneficiaries. This planning option can have significant implications for Medicaid eligibility,...
How do elder care agreements work and why do they matter?
Elder care agreements help manage the caregiving needs of aging family members. These legal contracts outline the services a caregiver will provide and establish a clear payment structure. By documenting caregiving responsibilities, elder care agreements protect both...
How can reverse mortgages benefit elderly homeowners?
A reverse mortgage can be a powerful tool for elderly homeowners looking to supplement their retirement income. It allows homeowners aged 62 or older to convert a portion of their home equity into cash, without having to sell the house or make monthly mortgage...