Peace Of Mind For Your Family And Your Future
Delaware Estate And Family Law Blog
Why people divorce later in life
Over the past 20 years, the overall divorce rate in the United States has gone down. However, for people who are 50 or older, the divorce rate has gone up over the past 20 years. There are several reasons why older couples in Delaware may choose to end their...
Corporate structure and fiduciary duty
Entrepreneurs often don't have a business or legal background. What they have is an idea. One thing, done well can be the foundation for a business empire. As businesses scale up, they become more complex. What started out as a sole proprietorship or partnership can...
Understanding Medicaid Requirements and Medicaid Asset Protection
To qualify for Medicaid, an individual must be at least 65 years or older. A person can qualify for the government program sooner if the Social Security Administration deems them permanently disabled. There is also an income requirement for services such as the...
How to prepare for a divorce proceeding
Prior to starting the divorce mediation or litigation process, you should provide your Delaware attorney with as many relevant documents as you can find. The more information that you can provide to your legal representative, the easier it may be to obtain a favorable...
Talking to children about divorce
Parents in Delaware who are going through a separation may be unsure of how to talk to their kids about divorce. The answer to that question depends in part on the age of the children. While it is always good to be honest with kids, parents can be slightly more...
Why all adults should plan their estates now
Planning an estate can never be done too early, and it is about much more than just real estate in Delaware or another state. An estate is the categorical, organized method for how a person's affairs will be handled after they die. How can a person get a jump-start on...
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...
