${site.data.firmName}${SEMFirmNameAlt}
Contact Us For A Consultation
302-644-7181 Lewes
302-697-4900 Camden

Posts tagged "Estate planning"

It is not too early to start estate planning

It is common for Delaware residents and people across the country to have the intention of carrying out certain actions. Of course, if those intentions do not actually turn into taking active steps toward an end result, many important tasks may go unfinished. For instance, when it comes to estate planning, many adults intend to get around to it, but some do not before it is too late.

Charitable giving can be included in estate planning

Many Delaware residents have giving hearts, and they want to keep giving for as long as possible. Charitable donations often make individuals feel good and also benefit other people. Fortunately, philanthropists do not have to stop giving even as their lives come to an end as estate planning can help the contributions continue.

Small business owners need to consider estate planning

Owning a small business is the manner in which many Delaware residents earn a living. Because of the importance of their businesses, most people want to take the time to protect their companies. One way of doing so includes estate planning. Creating a plan early can help address many aspects of how the business should be addressed in the event of incapacitation or death.

Organizing estate planning documents can save time later

Many Delaware residents understand the importance of planning and organization. Rather than having important information stored haphazardly, it is beneficial for parties to have vital documents organized. In particular, having estate planning documents in order could prove immensely useful to surviving loved ones when the time comes to utilize the documents.

Recent celebrity deaths raise estate planning questions for all

Estate administration challenges and even litigation often mark the aftermath of a high net-worth person's death. This is especially the case for those who leave no estate planning documents, which was purportedly the situation regarding recently departed celebrities such as Aretha Franklin and Prince. While these stories involving the estates of the rich and famous certainly make headlines, they should also incite some reflection in Delaware individuals in families who may be at risk of putting off estate planning until it is too late.

Estate planning advice when a child is dealing with addiction

Most parents hope to split their assets equitably between children when they pass away. But if one child has an addiction to opiates, alcohol or another substance, parents can become concerned that leaving assets to that child is not a responsible decision. There are a few things Delaware parents can do when estate planning with an addiction in the family.

What happens when people die without estate planning documents?

Dying without a will is almost never in people's plans. But with so many people in Delaware procrastinating on starting the estate planning process, this certainly does happen from time to time. Dying with a will that is deemed legally invalid can have the same consequences as dying without a will at all. But what happens in these cases, exactly?

Should parents share estate planning documents with their kids?

Finances are often considered very personal matters, but when it comes to estate transitions certain family members may need to know what is going on. Parents in Delaware often wonder how much they should share with their children about estate planning. While it is ultimately the individual's decision whether to share their will directly with beneficiaries, most choose to share at least some information with their children while they are still able to do so.

Communication with family critical for estate planning

Many people think all they have to do when planning their estate is draft and sign a will. However, for many Delaware adults, the estate planning process can be a lot more complicated. Properly transferring wealth between generations can end in conflict, financial mismanagement and overall loss. Those who wish to ensure their funds are not squandered by the next generation should take certain steps to prepare the right estate plans.

Estate planning knowledge can help avoid misconceptions

When it comes to drafting future plans, lack of information can be a significant liability for people and their family. For Delaware residents, there many legal and tax considerations involved in estate planning. It is a good idea to research the best practices before drafting or finalizing a will to avoid critical mistakes.

What Our Clients Say About Us…

My wife and I would like to take this opportunity to highly recommend the legal practice of Bonnie Benson and her very professional staff… Bonnie and her staff are organized, engaged in the client's case and they communicate effectively.

Read More
Latest Blogs
Get The Help Now

Need Answers Now? Contact Us Immediately

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

your success. our commitment. elder counsel excellence in elder law  and special needs state bar delaware association

Camden Office
306 East Camden Wyoming Avenue
Camden, DE 19934

Phone: 302-697-4900
Fax: 302-697-4901
Camden Law Office Map

Lewes Office
33718 B Wescoats Road
Lewes, DE 19958

Phone: 302-644-7181
Fax: 302-644-7182
Lewes Law Office Map

We Accept visa mastercard discover network
Review Us