When it comes to securing your hard-earned assets, a Delaware Asset Protection Trust can be an effective strategy. Title 12, Chapter 35 of the Delaware Code sets the rules for the creation and function of this type of trust. This legal structure protects your assets...
As you think about the future, it may occur to you to talk about estate planning with your parents. If you sense hesitation or confusion over the topic, it can also feel hard to know where to start the discussion. Making a plan and following a few simple tips can help...
The subject of your funeral is probably not a pleasant subject, but it is something to consider in your estate planning. Some families end up in conflict with the funeral home that has the body of their loved one, which only adds to their stress and grief. To help...
Any trust you create will need someone to administer it. If you are not the trustee, you will select another person to manage your trust. Since trustees carry out important duties, you should feel confident that your trustee choice will be up to the task. Trusts vary...
Investing in a new home is one of the most significant financial decisions you will ever make. The process can be exciting, but it can also be fraught with challenges. One such challenge involves potential title disputes. title disputes can pose a serious roadblock to...
Healthcare costs can be a significant financial burden, especially as you grow older or face a serious illness. Medicaid, a federal and state program, provides medical assistance to certain individuals and families with low income. Planning for Medicaid can ensure...
When you look to buy a new home in Delaware, you may find that there are many moving parts involved in the process. Sometimes, you may need to wait for certain circumstances to come to fruition before moving forward with a home purchase, and in this situation, certain...
Selling your home might bring feelings of overwhelm, particularly if you have lived in your house for a long time and have a lot to prepare. However, starting early, well before you intend to put your property on the market, can give you ample time to make some...
Most people understand the importance of estate planning but may be ill-informed about the process. This leads to costly mistakes that may create probate complications for your family after your death. Although not planning at all is the most common estate planning...
According to Caring.com, only 30% of Americans have an estate plan. If you are one of the 30%, you know that creating an estate plan is a key aspect of financial planning. For residents of Delaware, understanding how to minimize the tax burden for your family in your...