Peace Of Mind For Your Family And Your Future
Executors are a critical part of successful estate plans. According to the American Bar Association, executors are individuals, trust companies or banks that oversee the terms of a will. If there is no will, the executor or administrator settles the estate according...
An adult guardianship may be necessary, but it is a difficult decision to make. Elderly parents, adult children with special needs or another loved one may not be able to function on their own. Not everyone has the time, training and resources necessary to care for...
Creating a limited liability company (LLC) is an exciting prospect. It is not the right decision for every business owner, but it is the simplest option for many small business owners. LLCs allow business owners to separate their assets from business assets. If your...
Adult guardianship is a difficult subject. You want what is best for the adult in your life. However, you want them to keep their dignity and not feel abandoned. To avoid certain pitfalls, there are several things you must consider. Continue reading to learn more...
A trust allows you to pass your assets to your beneficiaries in a way that typically prevents legal battles. Due to its complicated nature, you may have built a trust that you hoped would last. However, life is messy, and things change quickly. Therefore, there are...
Starting the conversation is essential if your parents are living in Delaware and haven't completed an estate plan. Doing so helps ensure they have a plan for incapacity. An estate plan ensures that your parents' wishes are respected and can help preserve...
An estate plan may seem simple in theory, but disputes between parties cannot always be predicted. Whether it's fighting beneficiaries or a new trustee, trust disputes are growing more common in Delaware. Some estate plans include a terrorem clause, which is a...
Trust disputes often occur when one party to the trust believes that the trustee is not acting in their best interests. These disputes can be complex and emotionally charged, making them difficult to resolve. Arbitration may be a good option for resolving trust...
A grantor trust in Delaware is designed to give its owner more control over personal assets and income. The person who funds the trust is known as the grantor. It's recommended for estate owners who want to pay reduced income and estate taxes and preserve their...
When disputes arise within a trust, the parties involved may have several options for resolving the issue. One of those options is to go to court; however, this can be expensive and time-consuming. It may be more beneficial for the parties to utilize an alternative...