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Creating an Estate Plan When Your Family Has Debt

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Creating an Estate Plan When Your Family Has Debt Contributed by: Emily D. Banning, Estate Planning Coordinator

It’s closing day. Imagine you’re just leaving the settlement office with the keys to your dream home. As you enjoy the tunes on the drive home you hear an ad about the importance of creating an estate plan. The voice in your head chimes in to say, I don’t need to worry about that because these shiny new house keys came along with a thirty-year mortgage. If I have debt, surely I don’t have an estate to plan for.

For Delaware residents, the...

Planning Considerations for the Business Owner

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Planning Considerations for the Business Owner

My grandmother is going to be 92 this year. I’ve always known her to be a very private person, not wanting anyone, to include her children or grandchildren, to know of her affairs, including the status of her health, the assets she owns or her coveted spaghetti sauce recipe. This has been a sticking point for many years because our family is increasingly concerned with being prepared to help her as she ages or being prepared to settle matters at her passing.

I have come to learn that my grandmother is not an anomaly....

Social Security Announces Redesigned Statement -- Now Available with a my Social Security Account

Social Security Announces Redesigned Statement -- Now Available with a my Social Security Account image

Social Security Announces Redesigned Statement – Now Available with a my Social Security Account

Kilolo Kijakazi, Acting Commissioner of Social Security, today introduced a new look and feel to the Social Security Statement, available online through the my Social Security portal at www.socialsecurity.gov/myaccount and by mail. The Statement is one of the most effective tools people can use to learn about their earnings and future Social Security benefits. This fresh look will allow millions of people to see their earnings information and estimates of future benefits quickly and securely.

“One of my top priorities is to provide information to people...

Your Family Might Not Want Your Stuff

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Your Family Might Not Want Your Stuff Contributed by: Mindi K. Cooper, Estate Planning Coordinator

A few months ago, my family and I were visiting my 92-year-old great-grandmother. Her health had started to decline, and we wanted to spend some time with her while we still had the chance.

Mommom Jeanne was an interesting lady and loved all things fashion. She worked for Strawbridge and Clothier Department store in the shoe department and always had the trendiest new shoes. While we were visiting, Mommom insisted that I look through her closet and that I could have anything I wanted. I...

Acute Rehab versus SNF

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Acute Rehab vs. SNF (Skilled Nursing Facility) Contributed by: PAM Rehabilitation Hospital of Dover, A Post Acute Medical Hospital

What is the difference between Acute Rehabilitation and Skilled Nursing care?

Following hospitalization for a serious illness or injury, you may face a decision on whether to continue your recovery at an inpatient rehabilitation hospital or a skilled nursing facility. Understanding the difference between these two levels of care is crucial during the post-acute planning phase, as it can determine whetehr or not you maximize your medical and functional long-term recovery.

The high level of hospital care given in the acute...