When a family member has a disability, it can be difficult for them to live independently. They may need help with everyday tasks, and they may not be able to work. This can put a strain on the family, both emotionally and financially. That's where a special needs...
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Exploring an irrevocable life insurance trust
Estate planning involves many steps intended to help the planner and any beneficiaries. Often, beneficiaries receive assets as specified by a will, but some accounts may transfer to named beneficiaries. Life insurance policies also name beneficiaries, and an insured...
Purposes and types of common trusts
A trust is a legal instrument into which assets can be placed in order to provide greater flexibility in asset management or to separate the assets from the current owner for tax or probate reasons. In Indiana, the parties relevant to a trust are the settlor, the...