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Court Decision Shows Importance of Following Change of Beneficiary Procedures

After a divorce, most people assume that updating their benefits is as simple as sending a quick message to HR. A recent federal appeals court decision demonstrates just how costly that assumption can be and why working with...more

Premature Distributions Can Make Fiduciaries Personally Liable

An executor who pays himself before the tax bill comes due may end up paying twice. In Estate of Spenlinhauer v. Commissioner, the U.S. Tax Court held that an executor–residuary beneficiary was personally liable as a...more

Judge Chooses Stability Over Sentiment in Heated Guardianship Fight

A new letter opinion from the Delaware Court of Chancery offers a clear look at how guardianship disputes can unravel when families delay planning and old loyalties collide. The case, In re Guardianship of W.E., involved...more

Delaware Court of Chancery Underscores Limits on Trust Decanting

Delaware’s Court of Chancery has again emphasized that decanting is a limited tool that must be grounded in actual authority under the governing instrument and statute. In a recent memorandum opinion arising out of a...more

Delaware Supreme Court Relaxes Notarization Requirements

With a few notable exceptions, the Delaware Supreme Court has relaxed the requirement for notarization of most documents filed in the Delaware state courts. The order suspends any state court requirement for a sworn,...more

October Is Estate Planning Awareness Month In Delaware

Delaware Gov. John Carney has declared that October is Estate Planning Awareness Month, sending a clear message that citizens need to understand more about the best ways to control the future of their accumulated wealth and...more

10/26/2018  /  Beneficiaries , Estate Planning , Wills

How A POA Can Change Your Will

The Delaware Supreme Court has just reached a decision that highlights the importance of taking the time to review your estate planning documents each and every year to ensure that the documents still fit, and not...more

You Can’t Pick Your Facts

Clients can pick their own attorneys but they cannot pick their own facts. A recent case decided by Master Ayvazian highlights the difficulties that unfortunate facts can present. Creditors have eight months to file a...more

To Ensure a Successful Estate Plan, Take a Holistic Approach

The Delaware Supreme Court has just handed down a decision that dramatically illustrates the need to take a holistic approach to an estate plan to ensure that what you want to happen to your assets when you die, can and...more

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