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Estate planning is done so you can make your wishes known. This includes outlining how you want your assets distributed after you pass away. There are many things that go into creating this plan, and many requirements for people who are handling his matter. Every...
Did you know that the average cost of nursing home care in Indiana exceeds $7,000 a month? For many married retirees, a single long-term care stay can quickly drain a lifetime of savings. Retirement accounts, home equity and personal savings often disappear within...
The loss of a loved one is an emotional time in a person’s life, and it comes with the challenge of handling their final affairs. Some adults have an estate plan, which outlines their wishes. There are times when the contents of an estate plan’s terms are a surprise....
Estate planning helps ensure that your assets go to the right people after your passing. However, this can only happen if your true wishes are reflected in your estate planning documents. Unfortunately, some individuals exploit vulnerable people to manipulate their...
A will outlines a person’s final wishes, but sometimes, disputes arise. When family members or other interested parties believe something is wrong with a will, they may challenge it in court. These legal disputes, known as will contests, can be complex. Here are some...
Sometimes, the probate process moves smoothly. The testator provided clear instructions about their legacy, and everyone with an interest in the estate recognizes the validity of the documents. Other times, there may be controversy surrounding estate administration....
If you write a will, there’s always a chance that someone might contest it. A will challenge can be difficult for your remaining family members to navigate and may arise for various reasons, such as undue influence, fraudulent documentation or changes to an estate...
Drafting an estate plan involves utilizing several legal documents. One of these documents is a will. A will can outline your wishes in terms of who should inherit your assets when you die. It can also name specific guardians to look after your minor children. Thus,...
While making your estate plan, one of your main goals may be to avoid estate disputes. Perhaps you’ve seen these play out with other families. You know that a dispute between beneficiaries can be very serious. Some people even have a falling out that is so significant...
Making an estate plan takes time, money and a great deal of thought. Hence, if you could look down from on high after your death and see someone contesting your will or trust, you’d likely be upset. Not only might you be disappointed that someone is questioning your...