Wilmington, Delaware, Estate Planning Law Blog
Times in life when you should consider estate planning
Some may know early on that they need to make plans for their estate. They may take an active role in planning for their future, and for their family's future as well. However, others may not know how or when to go about estate planning. The reality is, though, that...
How do you know if a will is valid?
There are many misconceptions about drafting a last will and testament, thanks to numerous online resources claiming to offer these services at no charge. Those wishing to put their affairs in order might assume that a downloaded template is a cost-effective and...
How to find out if estate planning is right for you and your family
Whether you have a young family, or everyone is grown up, you might have begun to think about you and your children's future, and what it holds. You might even have begun to think about estate planning and whether or not it is the right move for you. Estate planning...
What are an executor’s duties during probate?
When someone dies, assets that belong to his or her estate may have to pass through a court approval process before distributing to heirs and beneficiaries. The legal term for this process is probate. If the deceased made a will naming a personal representative, or...
Estate planning essentials for new parents
If you are a young parent with children, then you might want to start thinking about your estate plans. Though it may sound daunting, estate planning does not have to be a laborious process if you follow these basics for estate planning as a new parent. Gather the...
Setting up a special needs trust
If you have a disabled child, grandchild or dependant, there are many factors to consider. What are the individual's needs? What makes him or her happy? What would happen if the person no longer had you? A special needs trust may set your loved one up for a smooth and...
Estate planning pitfalls to avoid
Responsible individuals understand the importance of estate planning. Still, even wealthy persons make mistakes when preparing for the future. According to a survey by caring.com, a third of those who need an estate plan are doing nothing about it. One assumes they...
Do I need to update my estate plan before I retire?
An estate plan should evolve with the different phases of your life. When we are young, it is a good idea to focus on guardianship documents and plan for the future care of our children, as we get older, we may want to set up a trust to help our grandchildren or to...
The 3 big reasons people avoid estate planning (and why you should anyway)
Experts believe at least half of American adults do not have any estate planning done, not even a will. When asked why not, people give various excuses. But these are the three most common reasons people have for avoiding estate planning: I'm too busy Estate planning...