Blended families bring complications when it comes to estate planning. Indiana intestate law does not guarantee that your stepchildren or other family members will receive an inheritance. You need a proper estate plan to protect the people you care about after you...
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Estate Planning
Why you should make estate planning part of your marriage plans
Getting engaged is an exciting chapter in anyone’s life, but also a busy time for them. Planning a wedding, choosing a venue, selecting the food, creating the guest list, and building a life together with your spouse can all take a ton of time and energy to deal with....
Does your estate plan include a living will?
Creating an estate plan doesn't just mean drafting a will. Obviously, it's important to decide whom you want your property to pass to after you die, but that is only one of many considerations that you need to address in your estate plan. Considering the possibility...
3 common reasons that people finally sit down to estate plan
Procrastination is part of human nature. Everyone tries to delay activities and obligations that they find unpleasant. Estate planning is not much fun because you have to think about your own death and also how your family will behave when fighting over your property....
How do you protect your new child with an estate plan?
Finding out you are about to become a parent is as terrifying as it is exciting. Suddenly, you will find yourself staring down total responsibility for the well-being of another person. Not only do you have to think about their daily needs now, but you also need to...
Divorce probably means it’s time to change your estate plan, too
Divorce is a time of personal upheaval. You will likely find yourself living in a new location and splitting up everything with your ex, from time with your children to your shared social network. After a divorce, you may be eager for your life to go back to some...
Who should be the trustee of your special needs trust?
A special needs trust can be an important form of protection for someone in your family who won't be capable of providing for themselves independently after you die. Some parents create special needs trusts to promote independent living for their adult children with...
Common reasons to create an estate plan or last will
It is human nature to put off tasks that are unpleasant or difficult. Creating an estate plan or drafting a last will usually fits into both of those categories. Thinking about what happens when you pass away is far from an enjoyable daydream, and properly creating a...
Do you need a legal power of attorney?
You may have heard, while doing your estate planning, that you can use a medical power of attorney. This document appoints an agent to help make medical decisions if you are incapacitated and cannot do so on your own. In the same way, you can use a legal power of...
What is an incentive trust?
When doing your estate planning, trusts offer a lot of control over exactly what happens to your money. Some people use spendthrift trusts to protect heirs from their own spending habits, for instance. Others use educational trusts to pay for college tuition. Today,...