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Camden Delaware Real Estate Law Blog

What to look for in investment properties

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Apr 13, 2023 | blog, Residential Real Estate

Investment properties are a great way to earn some long-term extra income. When searching for the perfect investment property, it's essential to consider several factors to maximize your return on investment and ensure long-term success. Location matters One of the...

Why you need a health care directive

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Apr 10, 2023 | Estate Planning

A health care directive is a legal statement that discusses your medical preferences if you experience incapacitation and cannot make your own medical decisions. These documents provide guidance for your family and health care professionals if you experience terminal...

How often should you update your estate plan?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 31, 2023 | Estate Planning

Once you write an estate plan, you may feel like that is all you need to do. However, it is actually just the first step. You should review and update your estate plan every so often. But how do you know when to do a review? Regular 3-5 year reviews Forbes discusses...

How can I preserve my family farm after I die?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 30, 2023 | blog, Elder Law

Delaware is an attractive state for retirement due to its favorable tax and estate planning laws. If you own a farm in the state, you also can benefit from these perks. Since your farm is a business, you may wish to preserve it. Your biggest mistake is not having a...

Trust fund options for parents of special needs children

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 27, 2023 | blog, Estate Planning

Assuring children have financial security throughout their lives is a critical duty. It is even more vital when the offspring bear special needs. Fortunately, setting aside money for a child with challenges can be easy. This is especially true if one embarks on the...

Will a deed be enough to gain ownership of a home?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 24, 2023 | Real Estate Law

Buying a new home in Delaware may complete your plans for a comfortable retirement. Acquiring a house deed can establish that you fully own your new residence. However, this is only if the title to your home is clear of any problems. To understand why a deed may not...

What is risk of loss, and how can it affect a home buyer?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 23, 2023 | Real Estate Law

A home is typically a person's most significant investment. In fact, many people still view real estate as a wealth-building tool. To protect all parties in the process, numerous laws govern transactions, and there is substantial paperwork. However, an accident could...

Choosing the right trust

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 8, 2023 | Estate Planning

While not always easy to think about, adults of any age need to start thinking about wills and estate planning. For people who have already acquired property and other assets, ensuring what you built goes where you want remains key. Depending on your situation,...

Is your executor up for the job?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 7, 2023 | blog, Estate Planning

An executor should know you well, understand what you want, and be able to serve in your best interest after your death. However, they also need to have a number of other skills, because the job itself is quite demanding. Do they have the right communication skills?...

What do estate executors do?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Mar 6, 2023 | blog, Estate Planning

When choosing your executor, you likely want to go for someone that you know well. However, what you should be aiming for is someone who can stand up to the responsibilities that the role entails. Estate executors actually do a lot of heavy lifting when it comes to an...

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