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Some of the strategic ways you can avoid probate include: Titling securities and vehicles with Transfer on Death (TOD) registrations. Opening accounts and policies with Payable on Death (POD) designations. Setting up and fund a Living Trust.

No, you are not required to use a lawyer to make a Will in Delaware. There are some situations, like a complex estate or difficult family relationships, where it may be beneficial to consult a lawyer.

5 Steps to Organize Estate Documents for Your Executor 5 Steps to Organize. ... Step 1: Create a checklist of important documents (and their locations) ... Step 2: List the names and contact information of key associates. ... Step 3: Catalog your digital asset inventory. ... Step 4: Ensure all documents are organized and accessible.

Delaware explicitly allows living wills, called advance directives under Delaware law. Do you need a last will and testament? Although a last will and testament are not legally required, without a will, state laws (called laws of intestacy) will determine the distribution of the deceased's assets.

Steps to Create a Will in Delaware Decide what property to include in your will. Decide who will inherit your property. Choose an executor to handle your estate. Choose a guardian for your children. Choose someone to manage children's property. Make your will. Sign your will in front of witnesses.

The cost of creating a will in Delaware can range from roughly $450 to $1,150. A Delaware trust typically costs anywhere between $1,500 and $3,950. At Snug, any member can create a Power of Attorney and Health Care Directive for free. A Will costs $195 and a Trust costs $500.