If you are creating an estate plan, you should be realistic about family dynamics and needs. It is not uncommon for Delaware parents to split an inheritance unequally among their children, but the best time for their children to find out about this should not be once...
The growth of gray divorces continue
Gray divorce continues to trend, ironically, a term many fifty-somethings and older may not understand or use in a sentence. Nonetheless, older couples are pulling the plug on their long-term marriages at a record pace. Al and Tipper Gore’s marital dissolution was...
How can divorce disrupt your finances?
Getting a divorce in Delaware can disrupt your life in several ways. You might have to move to a new location or spend less time with your children. Divorce can also possibly hurt your finances in several ways. Income Divorce can potentially cut your income in half....
What happens to your home in a divorce?
Your Delaware home may be sold or transferred to your estranged spouse as part of a divorce settlement. There is also a chance that you will become the sole owner of the property after your marriage officially comes to an end. What actually happens to your house in a...
What to know about marriage and divorce rates
Since 2011, both the marriage and divorce rates have declined in Delaware and throughout the United States. This is according to data from the American Community Survey that was made available by the United States Census Bureau. However, since 1990, the rate of...
Understanding Delaware inheritance laws
Delaware does not levy an inheritance or estate tax. It also has the sixth lowest property tax in the entire nation. The state also declines to enforce a gift tax. However, the federal gift tax is still applied at the federal level. It takes effect if you received a...
Can divorce be good for your kids?
Ending your marriage in Delaware will involve certain risks and responsibilities. These will have an impact not only on your own lives but also the lives of your children. This is the main reason why you should always consider every possible variable. Doing so will...
A financial guide for divorce after 50
Gray divorce, which refers to divorce among people age 50 or older, is on the rise in the United States. In fact, according to studies, people over the age of 50 are now the most likely age group to get a divorce. Gray divorcees in Delaware can take some steps to...
Can breathalyzer results be questioned in a DUI case?
When a person is charged with driving under the influence in Delaware, the breathalyzer evidence will be key. People might be under the impression that these tests are always accurate and there are no avenues to call them into question. In truth, there is a protocol...
What happens when a Delaware will’s executor dies first
Delaware residents name an executor in their last will and testaments so that the executor will carry out their final wishes. Sometimes, the executor may pass away, causing complications. In this event, a successor executor named in the will takes over the estate. The...