Creating a solid estate plan comes down to preparation. Not only should you include how you want your property handled after your death, but you should also plan for your own care. An estate plan includes more than what comes after you die. A comprehensive approach...
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How does caregiver fraud occur and how may a senior recover?
Caregiver fraud occurs when individuals hired to provide senior citizens with care take advantage of them. According to a 2019 study of banks by the Consumer Financial Protection Bureau, one out of every nine incidents of financial fraud involved a nonfamily...
Weighing the benefits of selling or renting real estate
With the anticipation of moving to a new property, many homeowners in Delaware grapple between selling or renting out their current home. Deciding between selling or renting depends on a homeowner's goals, as well as factors including financial standing and...
Using a charitable remainder trust to pay for long-term care
Charitable remainder trusts are a type of irrevocable trust that allow someone to make a substantial gift to charity while continuing to receive income from invested assets. This type of trust can provide an income stream for either a specified period of years or the...
How are long term care facilities rated?
Finding the perfect facility for your elderly close friend or loved one may seem like a daunting task. You want your loved one to be properly cared for, comfortable and treated well in their new home. While doing your research, you can look at the ratings given to the...
What traits should you look for in an executor?
As you look over your will, you may begin to think seriously about who you should choose to be your executor for your estate. Finding the best person for this role can be easy if you take into account a few important details. Willing and ready According to Kiplinger,...
What is digital estate planning, and how can it benefit you?
There are many things to consider when planning your estate. One of the more overlooked areas in estate planning is digital estate planning. You may have accumulated many digital assets in your lifetime. If you would like to share these assets with your family or...
3 different ways to update your will
Just because you have composed and signed your will does not mean you will never look at the document again. In fact, you may need to review your will at different points in the future. This is because life can bring many changes, perhaps even major ones that you...
What traits should your executor have?
While writing your will and planning out who will take care of your estate, you may also begin to think seriously about who you can choose to fulfill your wishes. Choosing a quality executor can have an important influence, so knowing what traits make for a good...
Tips for getting your commercial property ready to rent
Commercial leases are a great way to support yourself and the community. New business owners, or those looking for a new location, can take the next step in their journey by moving forward with a commercial lease. In some ways, buying the building is the easy part....
