Peace Of Mind For Your Family And Your Future
Delaware Estate And Family Law Blog
The best times to review a will
Ideally, Delaware residents will review their wills regularly after they are first executed. As life events occur, the original document may become less effective in meeting a person's needs. In many cases, it is a good idea to update a will after the birth of a...
Be vigilant about credit in a divorce
For those who need to start over again after a Delaware divorce, their credit may mean everything. This means that they cannot have it destroyed in the divorce because they may need their credit to start again, including for finding a new place to live. As such,...
The responsibilities of an executor of a will
An executor of a will carries a great deal of responsibilities, and Delaware residents might be interested in knowing what those responsibilities are. While each estate may vary in how the will is managed, here are some of the basic duties of the role. Executors must...
What if you do not update your will after your divorce?
Divorce may seem to bring with it a certain sense of finality, yet in reality, it sparks the need for a wide array of actions. One that many in Delaware (including possible you) often overlook is the need to update their estate plan. Panic may then ensue years later...
The differences between a will and a living trust
There's a misconception that likes to ripple through society, a myth that wouldn't have been entertained many viewers on the television show Mythbusters. This common misconception is that estate planning is only necessary for the rich and wealthy. That statement...
Choosing legal separation over divorce
Many Delaware couples who realize their marriages are over believe that divorce is the only option available to them. However, not every marriage ends in a contentious battle. Depending on the circumstances, it could be worth exploring other options, such as a legal...
What Small Business Owners Should Know About the COVID-19 Stimulus Package
As small business owners grapple with the economic realities of nationwide stay-home orders and social distancing mandates, legislatures have been updating laws and developing new programs to keep the economy afloat. The latest and most groundbreaking is the...
Who Will Run Your Business if You Cannot?
A limited power of attorney to your office manager or bookkeeper will allow that person to act in your place in the event that you cannot. If you are fortunate enough to be considered “and essential business” this document is as important as a working telephone to...
Marital property: What all is included?
If you recently filed for divorce, you may feel overwhelmed with the daunting process that lies ahead. One of the most difficult topics to negotiate is property division. Deciding who is entitled to what in the settlement can bring about strong emotions. Yet, it is...
Can a generation-skipping trust best protect your family’s wealth?
One of the main goals of your estate plan likely is to pass wealth to your children and grandchildren in the most efficient and tax-advantageous ways. Often you can do this by establishing trusts for your children. They later establish trusts for their children, and...
