Establishing a plan for your eventual passing is not something that often comes to mind when thinking about the future. A recent study showed that 58% of baby boomers and 81% of those 72-years of age and older already have estate planning documents. For millennials, defined as those born between 1982 and 2004, 78% do not have such a plan. Younger members of society should know that failure to prepare […]
Comic-book icon Stan Lee is best known for playing a large role in creating some of today’s best-known cinematic superheroes, including Spider-Man, Black Panther, and Iron Man. Thanks in large part to his creative role in these endeavors, Lee has also amassed an estimated net worth of approximately $50 million. However, despite his fame and considerable worth, Lee has also allegedly been the victim of elder abuse and financial exploitation. […]
Effective immediately, the net estate of a resident of New Castle County dying on or after July 1, 2018 is subject to a 0.25% Technology Fee, in addition to the normal 1.75% Probate Fee. This makes the total probate costs 2% of the net estate. New Castle County is currently the only county that imposes this extra charge. Kent County has a Probate Fee of 1.75%, while Sussex County charges […]
Ferry Joseph, P.A. is pleased to announce that Managing Director David J. Ferry, Jr. was installed as the President of the Delaware State Bar Association at the annual Bench & Bar Conference on June 15, 2018. Mr. Ferry is a resident of North Wilmington, and has been practicing law since 1982. Click here for the announcement.
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Seniors as Fraud Victims
Every year, millions of elderly Americans are the target of various forms of telemarketing and internet fraud. Due in large part to seniors having a lifetime of accumulated savings, they tend to be attractive targets for financial predators. Fraud targeting the elderly takes many forms, including posing as a grandchild or IRS employee. Grandparent schemes are particularly dangerous because they play directly to emotions. One such example occurs when an […]