Most people in Delaware are not surprised to learn that the efficiency of their bodily functions decreases as they get older. Unfortunately, this often includes the function of a person's brain. The reduction of a person's cognitive abilities may make it more...
The majority of Americans who are of retirement age, or are approaching retirement age own a home - but that doesn't necessarily mean the house is paid for. While some people may own a home that is paid off in full, many others can expect to have a mortgage into their...
As Baby Boomers here in Delaware and elsewhere near retirement age, the need for long-term care has increased. This is just one reason why the area of elder law continues to grow. Not only are more people planning what will happen to their property after they die, but...
Sussex County parents who have children with special needs are often dedicated to ensuring that the children receive the care they need under any circumstances. Knowing that they will not live forever, these parents use estate planning to help ensure that the care...
When many people think of trusts, they conjure up images of wealthy families and "trust fund babies" who may never have to earn a living. However, trusts can be important parts of estate planning for people from any financial backgrounds. If a Delaware resident's...
Married couples, especially those who have children, are told they should plan for a time when they are no longer alive. This focus does an injustice to single Delaware residents. Estate planning might actually be more critical for unmarried individuals. For example,...
People spend their lives working hard to save money and accumulate wealth - whether in saving accounts, investments or material assets. For many, the goal is to have something to leave their children and grandchildren when they pass on. However, even if you have been...
Some Delaware residents might not be aware of the fact that prenuptial and post-nuptial agreements serve another function besides providing for the division of property in a divorce. These agreements can also be part of estate planning. People who marry later in life...
Many Delaware residents will need long-term care as they age. Qualifying for Medicaid benefits to help pay for that care can be problematic. Fortunately, elder law does include some estate planning tools that could help such as a Miller Trust, which is an irrevocable...
More Delaware residents are passing away thousands of dollars in debt than in decades past. This could cause many people to want to account for the payment of their debts after their deaths. Estate planning could help them to determine the best way to ensure that...