Talking about what happens to your assets after you die can be an uncomfortable conversation. However, every Indiana resident should have this practical discussion. Planning your estate now will simplify life for your loved ones after you are gone. A comprehensive...
Estate Planning
How to plan for loved ones with disabilities in Indiana
If you have a child, sibling or friend with developmental issues in Indiana, sometimes it's best to think about and plan for their future so they can live a meaningful life. Of course, the government can provide for some of their needs through the Social Security...
Preparing financially before a spouse’s death
A married couple often invests in their collective estate while they are still alive. However, many couples do not prepare for the consequences of not planning an estate after one spouse dies. In Indiana, waiting until after the other person dies could bring...
Tips for writing your will
Writing your will or trust early can save your surviving family a number of arguments and a lot of legal red tape. When you write a will early in Indiana, you'll be able to make the legal proceedings and your family's choices after your death that much easier. Basic...
Mistakes to avoid with your Roth IRA and estate plan
Indiana residents who have estate plans might want to add their Roth IRA accounts to them. A Roth IRA is often a valuable tool that allows you to build wealth. However, it’s important to avoid making common mistakes with your account and estate plan as a whole. Not...
What’s the quickest way to mess up estate planning?
Estate planning is one of the most effective ways to ensure that your loved ones in Indiana are taken care of after you're gone. However, it's also easy to make mistakes when doing this planning and cause more harm than good. Not having an updated will Firstly, not...
Prenups in Indiana may not be as bad as you think
Some couples resist the idea of a prenup as they feel that it is unromantic to plan for a divorce. However, many in Indiana today have embraced prenuptial agreements for their many benefits. Prenups in Indiana Before a couple gets married in Indiana, they can choose...
Get the most out of your estate planning documents
You never know everything when it comes to estate planning in Indiana. Things are always changing, and staying informed means constantly keeping your thumb on the pulse. Luckily, there are those who are doing that job for you, so you can stay focused on the...
5 important facts about beneficiaries
A beneficiary is someone who receives an asset of yours after your death. There are a few types of beneficiaries whom you could incorporate into your Indiana estate plan to help ensure that your property goes where you would want it. 1. Primary beneficiaries The...
How generation sharing plays into your estate plan
Through careful planning, generation sharing can work to the benefit of everyone in your family. In the past, only the extremely rich could participate in this type of estate planning in Indiana, but all that has changed. It's sometimes called a generation-skipping...
