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Milton Estate Planning Lawyer

Guiding Clients in Sussex County Through Estate Administration

The usefulness of a well-developed estate plan isn’t limited to people with vast amounts of wealth. Estate plans focus on giving you and your loved ones the right amount of control to ensure the people you care about most have a secure future for years to come.

At Adkins Law Firm, I, Jason W. Adkins, will use my experience to ensure that your property and assets do not unintentionally fall into the wrong hands. Your comprehensive estate plan will make sure the wealth you have accumulated throughout the years can work for you and for those who matter most in your life.

To schedule an initial consultation about your estate planning or probate case, call me at (302) 505-5773 or contact us today.

How Does Estate Planning Work in Delaware?

In Delaware, when a person dies, becoming a decedent, their property and assets are subject to probate administration. Probate administration is a court process that determines how the decedent’s estate is distributed, relying on documents such as their will.

Without a valid will or other specifications on how to distribute the estate, the probate courts will give the decedent's assets to their beneficiaries according to state intestacy succession law. Nearly all states have intestacy laws that prioritize inheritance for your closest relatives, such as children or your spouse. Delaware state law also includes specific inheritance stipulations for half relatives and relatives born after the decedent's death.

Probate can be a complicated and drawn-out process. That is why it is recommended that you consult with an experienced estate planning attorney from Milton to advise you about the legal options available with regard to organizing and planning your estate.

How to Create an Effective Estate Plan

An effective estate plan minimizes the exposure of your property and assets to state probate and intestacy laws using the following legal instruments.

Your comprehensive estate plan could include:

  • Wills
  • Trusts
  • Jointly Owned Property
  • Retirement Accounts
  • Life Insurance Proceeds and Annuities
  • Living Wills and Advanced Health Directives
  • Special Powers of Attorney

Certain jointly owned property, retirement and bank accounts, or other financial instruments, allow ownership to revert to a joint-owner or named beneficiary automatically. Further, by using living wills, advanced health directives, and special powers of attorney, you can make sure that someone you trust has the power to make decisions on your behalf if you are unconscious or otherwise incapacitated.

Create a Trust with an Estate Planner

An estate planning lawyer can organize your property into trusts, certain bank and retirement accounts, and financial or investment products such as life insurance policies and annuities.

Trusts can protect a substantial portion of your property and assets from creditors when you pass away. When you place your property into a trust (trust property), you no longer own that property. Under the contract creating the trust, a designated trustee has control over trust property.

While you are alive, you can act as the trustee of your trust property. When you die, any named successor trustees will be responsible for administering the property held in a trust.

Call (302) 505-5773 for Thorough Estate Planning Services!

Are you worried about how your property and assets will be divided after you pass away? Don't wait -- start planning your estate today. Your family will be grateful for it. Turn to Adkins Law Firm, P.A. for a case evaluation with an estate planning attorney in Milton. I have years of experience and am ready to help you.

As your Milton estate planning lawyer, I am here to provide sound legal advice. Contact Adkins Law Firm online or call (302) 505-5773 today!

Why Choose Attorney Jason Adkins?

We Communicate with Clients with Integrity & Clarity
  • Practical Counsel

  • Honest Representation

  • Reasonable Rates