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On Behalf of Johnson, Carroll, Norton & Kent P.C. | Oct 9, 2023 | Trusts
In Indiana, a qualified terminable interest property (QTIP) trust is an estate planning tool that allows individuals to provide life-long income for their surviving spouse while maintaining control over the final distribution of their assets. Understanding the aspects...
On Behalf of Johnson, Carroll, Norton & Kent P.C. | Sep 27, 2023 | Trusts
When someone decides to engage in estate planning, the person is likely familiar with the general concept of a last will and testament. Exploring estate planning options may uncover the importance of a power of attorney and health care proxy document. Others may...
On Behalf of Johnson, Carroll, Norton & Kent P.C. | Sep 14, 2023 | Trusts
As you weigh the various components of estate planning in Indiana, you'll encounter unfamiliar and confusing terms involving ways to protect your assets. An irrevocable life insurance trust (ILIT) is one of those terms. Here is what you need to know about creating...
On Behalf of Johnson, Carroll, Norton & Kent P.C. | Sep 13, 2023 | Wills
Planning for the financial distribution of your assets after you pass can be unpleasant for many parents. Children simply are not always in the same place in life and have different needs. For this reason, parents in Indiana and around the country must rely on good...
On Behalf of Johnson, Carroll, Norton & Kent P.C. | Aug 28, 2023 | Trusts
Most people in Indiana get married with a solid plan for their future, including when to buy a home, how to improve their finances, and when and how many kids to have. However, it is not uncommon to find that 15 years down the line, you have an unexpected, wonderful...
