Wilmington Delaware Legal Blog

Many Americans weren’t taught to understand estate planning

Many Americans don’t know enough about the versatility of wills and trusts. This lack of knowledge isn’t their fault, as most Americans aren’t taught much about economic security, asset and property protection, guardianship, and the other legal security an estate plan can provide. First off, the widespread myth that an estate plan is only for […]

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When’s the best time to update an estate plan?

Estate planning doesn’t have to be stressful. When you take measures to keep an estate plan up to date, you are ready for anything that might happen in the future. Ideal estate planning should occur after significant milestones in your life instead of left for when you’re older and suddenly realizing you should get all […]

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Surviving Your Spouse: Understand Your Finances and Financial Rights in Widowhood

Losing a spouse shatters your world; it doesn’t have to ruin your sense of financial security as well. Basic estate planning can alleviate some of the burden and stress inherent in settling up affairs after the devastating loss of a spouse. You likely won’t want to think about money or have the wherewithal to make […]

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What Is Probate? – Legal Validation of a Will in the Court System

Probate is the legal process of defining a person’s assets, debts, heirs and beneficiaries through the court system after the person has passed away. I know what you’re thinking: “Doesn’t a Last Will and Testament take care of that?” In a word, “no.” But in some cases and for certain assets, you can avoid probate. […]

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Getting Married? Get a Will – 5 Reasons Why.

A couple looking ahead toward marriage is excited about new beginnings. As they embark on their life together, they have happy thoughts of putting down roots, starting a family and celebrating good times. Understandably, endings rarely come to mind, but newlyweds are wise to spend some time on estate planning and creating a will. Fewer […]

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