If you want to make sure that your assets go to the right people at the time of your death without any interference from anyone, you should consider setting up an irrevocable trust. An irrevocable trust essentially takes control out of your hands, so it’s not...
Service With Confidence And Results
Statute of limitations for contesting a will
For contested wills and trusts, Indiana sets a specific statute of limitation. The typical settings for will disputes are probate hearings. Public courts, in an attempt to administer a decedent’s estate, give you the right to contest the directives of a will. Filing a...
Understanding the steps to contest a will
If a loved one or nonrelative in Indiana leaves you out of his or her will, it may come as a shock. Unfortunately, you won't be entitled to any portion of the deceased's estate unless you contest the will. Following the process below will get you started. Determine...
Establishing a domestic asset-protection trust
Establishing a trust is a good way for Indiana residents to protect their assets. In particular, a DAPT or domestic asset-protection trust, can be helpful. The benefits of this kind of trust include making it harder for creditors to access someone's assets. It can...
Planning for charity and a stronger estate
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...
Creating a trust fund forms a legacy and reflects your values
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...
What you need to know about special needs trusts
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...
What you need to know about contesting trusts
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....
How to choose a trustee
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...
What to know about adding conditions to your will or trust
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...