As you grow old, you need to start thinking about whether you’ll require long-term care. Although you may not want to think about your options, it’s wise to understand that 70% of Delaware residents aged 65 and above will require this care. It might not be the old age...
Peace Of Mind For Your Family And Your Future
Delaware Estate And Family Law Blog
What is a Medicaid trust?
Most people in Delaware will need living assistance when they reach a certain age. Some people are willing to accept assistance but have no idea how they'll pay for it when the time comes. If you have too many assets, you might be told that you don't qualify for...
Do not saddle heirs with tax burdens
Many decades of relatively high earning power and the accumulation of valuable assets make it possible to leave a financial legacy to your heirs in Delaware and other states. When it comes time to distribute assets to your heirs via an estate plan or through the...
Essential reasons for estate planning in Delaware
Your estate plan helps to protect your assets and preserve a legacy to pass on to your chosen heirs. Without a good estate plan in place, your personal wealth and assets as well as general family assets might be at risk after your pass on and even while you are alive....
How an adult guardianship works
Whether the cause is some accident that caused seriously debilitating injuries or the onset of a highly debilitating illness, adults sometimes lose the ability to take care of themselves. When that happens, an adult guardianship might be the best tool for ensuring...
What parts of an estate plan should be periodically reviewed?
Estate planning isn't just something that people in Delaware should do once. It's a process that they should go through multiple times throughout the rest of their lives. People should periodically review their estate plans, particularly if they experience a major...
Thirteen Estate Planning Terms You Need to Know
Estate planning—it is an incredibly important tool, not just for the uber wealthy or those thinking about retirement. On the contrary, estate planning is something every adult should do. Estate planning can help you accomplish any number of goals, including appointing...
How to Own Your Real Estate
Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the different types of real...
Why should people in Delaware hire an estate planning advisor?
As they start planning their estate, some people might wonder if it's worth the trouble to hire an attorney or an estate planning advisor. Wouldn't it be cheaper and easier to write up the will themselves, sign it and call it a day? In fact, an estate planning advisor...
Why you should not hide money in a divorce
Delaware spouses may be tempted to hide marital assets during a divorce in order to walk away with more money and property. The best advice for people who are considering that course of action is to stop thinking about it. The consequences that you would face if you...