Peace Of Mind For Your Family And Your Future
Delaware Estate And Family Law Blog
I inherited the family business. What do I do now?
Inheriting your family business is a great honor. Maybe your parents walked you through the business processes and prepared you for this momentous task. Or, maybe they remained tight-lipped about who would be in charge for decades. Whatever the case, this Delaware...
5 surprisingly common estate planning mistakes
While no one likes to think about their own mortality, death is a fact of life, and end-of-life planning is a crucial part of financial planning regardless of your age or net worth. According to a recent Caring.com survey, only four out of every 10 American adults...
How are assets divided in Delaware divorce cases?
Over the course of your marriage, you and your spouse likely acquired assets and wealth. Upon making the difficult decision to get divorced, your shared property will have to be split up between you. An often contentious process, understanding the factors that may...
DIY Investment Management of Retirement Assets
As baby boomers begin to retire, the burden of making management decisions regarding their retirement assets may seem daunting. This is especially true for those who choose to forego using professional investment advisors and instead self-manage their assets. Despite...
What are your responsibilities as an adult guardian?
The State of Delaware defines a disabled person as someone over the age of 18 who has a physical and/or mental impairment that prevents her from caring for herself and/or her property. If you are the loved one of a disabled person, it may fall to you to take on a...
Child custody decisions in Delaware
Parents who are going through a divorce in Delaware must consider factors involved with child custody decisions. Ideally, the parents should decide together what living arrangements are best, but if not, the court will decide, and a judge will consider what is in the...
5 tips for keeping a divorce from becoming contentious
Divorce can be a demanding process, regardless of how complicated or amicable it may be. There are financial, familial, legal and lifestyle issues to address, and this is all on top of the emotional toll a split can take on two people. For many people, divorce is...
What is the difference between a LLC and an S Corp?
A very common question new business owners have in Delaware is, “What is the best way to structure my business in order to save on taxes?” To this end, there are many different options to choose from when you are starting out. One of the more common decisions many...
What is an advance directive?
There are many things to consider as we age, and while the possibility of being mentally or physically incapacitated is difficult to think about, it is important to plan ahead. Having a plan in place for your medical care when you are no longer able to make your own...
What is a line of credit?
If you are thinking about starting a business in Delaware, you probably have an issue that many new business owners are dealing with: namely, funding. Starting a business is typically a huge expense, and most of us do not have thousands of dollars sitting around. One...
