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Camden Delaware Real Estate Law Blog

Do family members make the best executors?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Sep 1, 2020 | Estate Planning

Delaware residents like you are meticulous about estate plan creation and management. This means you want the best of the best looking after your estate, too. In other words, you want an executor that you have no misgivings about. You may think this makes a family...

Should I put my child’s name on my deed?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Aug 20, 2020 | Real Estate Law

Generally speaking, it is a good idea to take nearly any action to help your heirs avoid probate. Probate can be very expensive, time-consuming and the public nature of it is off-putting for many. Some homeowners are looking to put their children's name on their deed...

How do you find a good business successor?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Aug 5, 2020 | blog

Delaware business owners like you need to spend time thinking about your successor. This person will determine the direction your company goes after you pass it on. You should put a lot of care and consideration into this choice.  Are there any tips for choosing a...

3 First-time homebuyer mishaps to avoid

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Jul 27, 2020 | Residential Real Estate

For many, buying a first home is one of the largest and most impactful financial decisions of their lives. As exciting as the house-hunting process is, it can also be incredibly intimidating if you don't know where to start. If you are ready to take the next step into...

Use a trust for potential disinheritance

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Jul 24, 2020 | Estate Planning

Living trusts are trusts that you create while you are alive. In estate planning, most people know the vague idea of a trust but may not know the specifics of how it works. They also may not know how a trust can benefit a person in case your beneficiaries change or...

How should you handle business succession planning?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Jul 1, 2020 | Estate Planning

Delaware business owners like you dedicate time, money and effort to your business. You build it from the ground up. You nurture and care for it. You put your heart and soul into it. So what do you do when it is time to pass on the torch?  Business succession planning...

Why should you have a will?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Jun 26, 2020 | Estate Planning

You may not think that you need a will, especially if you are younger, just starting a family or at the beginning of your career. You would not be alone—70% of Americans do not have a will in place. However, a will can be an essential tool at any stage of your life....

Planning to avoid federal estate taxes

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Jun 19, 2020 | Estate Planning

As you focus your attention on your estate planning, one alarming aspect soon arises: there is the possibility that much of the hard-earned assets you hope to pass on to your heirs in Camden will have to go towards settling your estate's liabilities. Even if you leave...

How to receive Medicaid benefits with a higher income

On Behalf of Law Offices of Bonnie M. Benson, P.A. | Jun 9, 2020 | Elder Law

Medicaid provides a variety of benefits for certain groups of people. As people age, there is more of a concern of how to pay for healthcare services without depleting their savings and hard-earned income.  Fortunately, there is a way to decrease stated income so that...

What should I know about buying a second home?

On Behalf of Law Offices of Bonnie M. Benson, P.A. | May 29, 2020 | Real Estate Law

Many people choose to purchase a second home in Delaware. Whether you are looking for a simple vacation home or a potential retirement home, there are many reasons to look favorably at spending time in the first state in the Union.  However, buying a second home is...

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