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...
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Estates and Trusts Mediation
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...
Alternative trust dispute resolutions methods to use in Delaware
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...
Why mediation might be the better choice
Estates and trusts in Delaware are complex legal and financial instruments for managing the assets of a deceased person, and when there is a dispute, it can take a long time to resolve. That time means more cost and risk, so mediation is often a faster and cheaper way...
Probate mediation tips to use in Delaware
Estate planning is a tool that we use to pass on our assets to our loved ones or charities. It is done out of kindness and love, but unfortunately, it usually comes with disputes. If you are facing a contestation during the probate process regarding the property left...
How siblings can avoid an estate battle
Dealing with the loss of a parent can be traumatic. However, the aftermath can sometimes be even worse. There are few more emotionally draining events than having to fight over an estate with your siblings. There are a number of methods that you can use in Delaware to...
Settling an estate dispute through mediation in Delaware
When someone dies in Delaware, an executor distributes their estate among their heirs according to the will. However, sometimes disputes arise about the validity of the will or how the estate should be divided. When this happens, you can either go to court or choose a...
How estate plans, trusts and wills are different
If you live in Delaware and you do not have an estate plan, you may only have a vague idea of how estate planning in general differs from a will or a trust. It is important to understand these differences so that you know which steps to take to protect your assets and...
How to create an effective trust in Delaware
When creating an estate plan, one of the most important things to consider is creating an effective trust. Trusts can be very useful tools in estate planning, but it's important to make sure that it's set up correctly. If you don't establish a trust properly, it could...
Mediating trust disputes in Delaware
Since valuable assets and money are involved in trust disputes, they tend to be costly, time-consuming and emotionally draining processes that interfere with family or beneficiary relations. Therefore, if disputes arise, beneficiaries and trustees often look for...