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If you are like most adults in Indiana, you want a way to ensure that your family will be financially taken care of after you're gone. One way to achieve this goal is by establishing a trust. A trust can give you much more freedom and control over how you distribute...
Contested wills and trusts sometimes happen in Indiana and other states when heirs are unhappy with what a benefactor left them. For example, excluding a child from your estate plan could result in problems down the line. You need a will Nobody wants to think about...
One of the main reasons to begin estate planning is to find a way to provide for children in the event of your untimely death. This need becomes more urgent if you have a child with special needs. Indiana residents can protect the future of their special needs...
Choosing the right type of trust in Indiana can help you and your family get the most out of your money. Two types of special needs trusts that might be useful to you if you have a loved one with a disability are self-settled trusts and third-party trusts. Protecting...
In Indiana, people who are preparing their estate plans might want to consider creating a living trust. This type of trust account contains the grantor's assets to benefit them during their life. When the grantor dies, the assets are distributed to the trust...
The assets owned by Indiana residents who die without a will are allocated to the deceased person's kin through probate court. Since there is no will instructing the executor of whom the deceased person wanted as their beneficiaries, the probate court will utilize the...
Many Indiana residents have heard about trusts. However, not many people actually understand what they are and how they can be beneficial. The reality is that a trust can provide many advantages to those who are planning their estates. Avoid probate When a person...
When you draft your will in Indiana, you should do so with care. You want the instructions in your will to be followed to the tee. However, keep in mind that the law does allow designated people to contest a will in certain circumstances. To help prevent someone from...
When Indiana residents are considering an estate plan, they can easily become confused. While many will want a simple will, others might need something more sophisticated like a revocable living trust. There are positives and negatives with this type of trust and it...
When you want to protect your assets from probate after your death, it can be beneficial to set up a trust. A trust offers a higher level of protection than a will and allows your money and assets to go directly to your beneficiaries. What to consider when setting up...