Do you want to protect your assets and ensure your loved ones are handling your money responsibly? A spendthrift trust is a great way to do just that. This type of trust can help you provide financial security and ensure your money goes to the right places. However,...
Peace Of Mind For Your Family And Your Future
Estate planning
Who can challenge a will during probate?
When a loved one passes away, the will they leave behind outlines their intentions for distributing assets to the rest of the family. If someone believes that the will is unfair or that it falsely represents the intentions of the deceased, they might raise a...
What is an executor in probate court?
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...
When to modify a trust
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...
Ensuring your parents have a solid estate plan can be beneficial
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...
The basics of arbitration and trust disputes in New Jersey
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...
Learning more about a grantor 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...
Which ADR methods should you consider in Delaware?
Real estate disputes are a common occurrence, but these disputes can often be resolved through alternative dispute resolution methods, such as arbitration or mediation. Here are the benefits of the common alternative dispute resolution methods in real estate cases....
Protecting your family’s finances through estate planning
Creating a last will and testament is not the one and only task of planning an estate in Delaware. You have to consider every legal action that could significantly decrease or increase your family's income if you're no longer around. It's important to develop...
Should you establish a revocable living trust?
Do you wonder how your loved ones will manage the portion of the inheritance you leave for them? One way to get your answer is to set up a revocable living trust (RLT). If you live in Delaware, here are some things you should know about an RLT for estate planning...