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Estate planning can take into account charitable giving if you want your estate to fund humanitarian work. There are financial benefits to gain when you include charities as the beneficiaries of your estate. Reducing income or estate tax in Indiana is sometimes as...
After accumulating a significant amount of wealth and residing in Indiana, you can only use so much of it during your lifetime. When you pass away and have a large number of funds left over, it may be prudent to have it put into a trust fund. Doing so can help ensure...
If you’re a resident of the Southern Indiana area who has a loved one with special needs, you might want to create a trust fund for them. It can benefit your loved one in a variety of ways. There are different types of special needs trust, so you need to know what...
Trusts are an important aspect of estate planning in Indiana, but if you are unhappy with the terms of a trust that you're associated with, you may be able to contest it. Read on to learn more about trusts and what steps you should take if you want to contest a trust....
One of the primary benefits of having a Trust is that you get to select someone to manage your affairs if you become incapacitated. However, it's important that you choose someone who is best suited to do so in accordance with your instructions. Otherwise, you could...
Adding stipulations to a will or trust may make it easier to control assets such as an Indiana home after you pass away. For instance, it may be possible to declare that your child won't take possession of your prized art collection until he or she turns 30. It may...
Following the death of a loved one, a person may wonder who can contest a will and what the process looks like. It may help to learn the ins and outs of wills in Indiana according to state law and who is legally eligible to contest a will in the event of a...
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...