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Did You Know?
You May Be Able To Avoid Probate
A living trust is one way someone may be able to eliminate the need for probate. This trust holds legal title to your property after your death and will survive you after your death. Always consult a probate lawyer first.
When you spend your life thinking about work, or your children and family, it can be tough to properly plan for your wishes after death. And if you don't make the time to write a will, your family will be forced to deal with a messy and lengthier probate process.With the help of a probate attorney from Delaware, you can write and file a will that clearly defines your wishes.
Not having a will can be dangerous in <state> that's because Delaware laws will be used to determine who gets your property by default. Usually, your property will be distributed based on how the state thinks most people will want it done. That means property usually goes to your spouse or children and then to other family members.
That can be a hassle if you have other plans in mind. Delaware probate lawyers can help you transfer your wishes onto a will that clearly spells out your wishes to your executor. An executor is a person who is responsible for proving the will is valid, finding the dead person’s property, appraising the property, paying debts and taxes, and distributing left over property according to the person’s probate will.
Setting up a living trust may be one way to avoid the probate process. But it must still follow certain Delaware laws. Be sure to contact a probate lawyer in Delaware who can inform you of your rights.
Real Estate Probate
AUDIO, RM, 44Kbps, 4:02, 7/31/2002
With the stock market still on shaky ground, Americans looking to make good investments are turning to real estate. Although experts say the current house-buying boom probably won't last long, NPR's Madeleine Brand reports that the job market and low interest rates will keep drawing people to invest in homes for now Source: NPR
Definition:
A property held in joint tenancy is owned by two or more people who have an undivided interest in the property, and the interest continues even after the other owners die.
Personal representative
Definition:
The person responsible for the administration of an estate. This includes paying creditors and heirs.
Will
Definition:
A legal document that directs where a person's property should go after that person dies.
If you live in the following cities and need an probate attorney you should contact
our Probate Attorney as soon as possible:
Bear
Camden Wyoming
Claymont
Clayton
Dover
Dover Afb
Felton
Georgetown
Greenwood
Harrington
Hockessin
Laurel
Lewes
Magnolia
Middletown
Milford
Millsboro
Milton
New Castle
Newark
Rehoboth Beach
Seaford
Selbyville
Smyrna
Townsend
Wilmington
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Did You Know?
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE IN AN