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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...
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...
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...
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...
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...
Managing guns in your Delaware estate refers to the transfer of a firearm in an estate plan. Your estate in Delaware can gift a gun to a designated person listed in your will. If you leave no instructions in your will, the executor can choose what to do with the gun....
As an equitable property state, Delaware divides debts and assets from a divorce based on what's fair. The court considers what each person contributed and sacrificed to their marital wealth. Married couples may be able to negotiate with each other as well. Close or...
When a Delaware couple makes the difficult decision to dissolve their marriage, it impacts everyone. The divorcees must adjust to a “new normal,” but if the couple has any children, the impact is even more significant. Childhood development is a complicated area, but...
Estate planning attorneys in Delaware and around the country have to know a lot of Latin terms, but per stirpes and per capita may be the two that they encounter most often. These legal terms are both used to describe the way a testator’s assets are distributed if one...
Child custody is a sensitive and often contentious issue in Delaware divorce cases. One popular custody arrangement is the alternating week schedule, where the child spends one week with one parent and the following week with the other parent. While this arrangement...
