Battle Brewing over Prince’s Estate Thomas R. Riggs, Esq. Ferry Joseph, P.A. No matter your age or station in life, it is imperative that every person undertake proper estate planning. One needs to look no further than the exploits of the rich and famous for not just tabloid fodder, but for the difficulties an estate often encounters in the wake of an unexpected passing, especially when a will has not […]
On January 1, 2015, Delaware’s new Fiduciary Access to Digital Assets and Digital Accounts statute (“FADADA”, 12 Del.C. § 5001 et.seq.) went into effect. This statute is meant to address the difficulties that fiduciaries—trustees, guardians, executors, powers of attorney, to name a few—face when attempting to handle digital assets and accounts in connection with the performance of their duties. Section 5002 of FADADA defines “digital accounts” and “digital assets” quite […]
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Establishing a Guardianship in Delaware
Estate planning is important for countless reasons. Most people understand the benefits of having a will or trust in place to direct the disposition of their assets upon their death. However, many people fail to think about is why it is so important to have an advanced health care directive and durable power of attorney in place long before they may ever need to be utilized. One of the most […]