Wills

If you are making an estate plan, a good place to start is by writing a will. This isn’t necessarily the only document you need—you may also use a power of attorney or set up a trust. However, a will is the foundation of the estate plan. Why is a will so important?...

There’s no legal obligation to talk to your beneficiaries when drafting an estate plan. You can simply let them find out what they inherit after you pass away. You don’t even have to tell someone if you’re disinheriting them. However, if you want things to go...

Estate planning is essential for ensuring that your assets are distributed according to your wishes after your passing. However, one often overlooked aspect of estate planning is liquidity.  Having sufficient liquidity in your estate plan is crucial for covering...

Many people do not have estate plans. The reasoning is often that it just feels too early in life. They’re not going to need that estate plan for 20 or 30 years. Life is going to change a lot in that time, so any estate plan they make today would be massively outdated...

Oftentimes, the home where someone lives is the single most significant financial asset in their name and the biggest contributor to their personal wealth. It therefore makes total sense that people worry about what may happen with the home where they live after they...

When a loved one passes away without a will in Indiana, the state’s intestacy laws govern the distribution of the estate. These laws outline who inherits the deceased’s property based on their familial relationships. Learn more about what happens when a loved one dies...

It’s not especially unusual for families to find more than one will after a loved one dies. This can happen for any number of reasons. However, if there are two or more wills with no clear indication that one replaces the other, you can surmise that they never got...

The usage and relevance of digital assets have increased in recent years. However, while more and more people own digital assets, some forget to include them in their estate plans. Here is how to account for your digital assets during estate planning: List them You...

As we age, we start thinking about our mortality and the legacy we will leave behind. For many of us, this includes ensuring our financial affairs are in order and that our loved ones will be taken care of after we’re gone. However, we are often reluctant to discuss...

Owning a small business is a source of pride, but it’s also an opportunity that inspires great responsibilities. One thing that’s sometimes overlooked is the need to have an estate plan that accounts for one’s family members and their business alike. One of the first...