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Your will in Indiana is a legal document that public courts will uphold. To make a will feasible, however, you need someone to execute it. Execution occurs when someone has the specific role of closing the accounts of an estate. This person can be chosen by you...
Drawing up your estate plan in Indiana doesn't need to be a nightmare. It is true that it can be a very complex and sometimes confusing process. However, with the right aid and counsel, you can quickly draw up a plan that will benefit your heirs for years to come. You...
When someone dies in Indiana, their estate could go through probate court, where the debts are finalized and assets distributed according to their wishes. Unfortunately, this process often takes so long that frustrated family members just want to get it over with....
Wills and trusts are an essential part of estate planning in Indiana. While trusts designate how one's assets will be distributed, wills are also necessary as these documents ensure that an estate plan will be carried out according to your wishes after your passing....
There are many different types of special needs trusts that you can set up for a loved one with disabilities in Indiana. Here's a look at the three most common types of trust, including their benefits and drawbacks, so that you can decide which is best for you or your...
In Indiana, a will is an important document that details how you would like your property and assets distributed after your death. However, there are some things you should avoid including in your will to ensure that it is valid and effective. Joint property If you...
When a person dies in Indiana, their personal and real property passes to the deceased's heirs in accordance with the will A foreign will is legal in another state or country. No will can prove the right of possession until it goes to probate. Receipt and recording of...
Estate planning in Indiana offers a variety of options, but you need an understanding of the basics. No matter how you strategize, there are unique ways to reduce taxes, build wealth or privatize it. You don’t need to be a master in estate planning. As long as you...
It’s important to know how much care for a special-needs child truly costs. Parents are flexible when they’re alive and working to care for their children. These parents need something in place so a disabled child still receives care after the parent dies or is unable...
An intentionally defective grantor trust in Indiana is a financial tool that can separate out income and estate taxes for some assets. This helps avoid some of the tax burden falling on the people who will inherit the assets in the trust. It's a way to allow the...