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When an individual in Delaware creates an estate plan, it is important that they consider creating a Durable Personal Power of Attorney. There are a number of different reasons that an individual may want to draft this part of their estate plan. A Durable Personal Power of Attorney allows the agent to act on the […]
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When an individual starts thinking about the estate planning process, one of the many factors that they may want to consider is whether they want to appoint power of attorney to a trusted loved one, attorney, or business entity. Though power of attorney is a broad term, it is essentially granting the responsibility of making […]
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Starting January 1, 2018, Delaware will no longer require estate taxes. The state is increasing taxes on certain goods such as tobacco, alcohol, major corporations, and real estate transfers. The estate tax was actually only in place since 2009, in an effort to bring Delaware out of its $800 million deficit. It is important to […]
Read MoreEstate planning isn’t always an easy process to start simply because thinking about the future after your passing can be unsettling for some. Though it’s difficult to think about what happens after your gone, it may give you some peace of mind to know that having an estate plan can protect your wishes and your […]
Read MorePlanning for the future is an essential part of everyone’s life as they grow older. It is important that you create a will in order to protect your assets and ensure that your wishes are respected upon your passing. Estate planning can be an ongoing process that changes with time. You may obtain new assets, […]
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In Delaware, endurable power of attorney grants the agent broad rights to act in the place of the principal. It’s always important to ask someone that you trust to act in your stead, and it’s important also in Delaware that the agent acknowledges their rights, duties and responsibilities in an attachment to the power of […]
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