The COVID-19 pandemic has changed the world in many different ways. International travel is restricted, many businesses have shifted to remote work for their employees, and a majority of school aged children are learning through remote means such as Zoom. Similarly, many firms have shifted to remote legal work in order to meet the needs of aging adults and to ensure their ability to offer continuing legal services. However, the […]
With Coronavirus cases continuing to dominate the national conversation and shape the way we as a society reevaluate our own sense of mortality, estate planning decisions have naturally followed suit. More, there has been a palpable sense of urgency reverberating throughout the country as a direct result of this pandemic to both procure and establish their end-of-life plans sooner than many previously anticipated. Unfortunately, the same push for estate planning […]
This estate action originated in the Court of Chancery with the filing of a Verified Petition for Review of Proof of Will and for Equitable Relief on July 16, 2019. The decedent, Tracy M. Ricks, Jr., passed away on December 20, 2018. A dispute arose regarding the distribution of the decedent’s estate. The Petitioner believed that the decedent passed away intestate. Respondent attempted to open an estate for the decedent […]
The current pandemic has created a number of issues that continue to reverberate throughout the nation. While a volatile stock market and frightening unemployment numbers are often expected whenever something as life-altering as COVID-19 comes along, some of the other ripple effects that have arrived in its wake likely were not as foreseeable. One effect of the pandemic has been an increase in requests for wills and other estate planning […]
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What Should You Consider When Forming an Estate Plan?
Though estate planning is one area of practice that rarely succumbs to the political whims, we are currently heading down a path that suggests critical changes, particularly in the area of estate tax law, are looming over us without the necessary preparations being undertaken by those tasked with safeguarding the country’s well-being. More specifically, without Congressional intervention, the lifetime exemption will be cut in half in less than 5 years, […]