When crafting an estate plan as a young family, one decision that often requires thoughtful consideration is the appointment of a guardian for your children. This chosen guardian will play a huge role in their upbringing in the event of your death. To ensure that...
Estate Planning
How should you choose your beneficiaries?
Choosing the individuals who will inherit your assets is a decision of paramount importance. It is a process that requires careful consideration and planning to ensure that people know your wishes. 1 in 6 people in America were age 65 or older in the year 2020,...
4 ways to avoid a contested will
Creating a solid will and estate plan helps secure your legacy and ensures you can provide for your loved ones. Unfortunately, the death of a loved one may lead to family members fighting about the will. To prevent potential disputes and challenges to your wishes,...
What do you need to do to set up a living trust in Indiana?
Setting up a living trust in Indiana is simple, although you might spend some time thoroughly thinking out your estate plan. Because it costs money to establish a trust, you may want to ensure that it meets your needs ahead of time. Make a list of your assets Estate...
Estate planning and projecting future assets
When you engage in estate planning in Indiana, you determine how to manage, distribute and preserve your assets after you die. One of the biggest misconceptions about estate planning is that only ultra-wealthy individuals use it. However, regardless of their financial...
Steps to consider when getting your affairs in order
The topic of planning for how financial resources get handled after death is something that many Indiana residents do not want to think about. However, planning for things like funeral costs, distribution of one's estate, and covering the expense of long-term care in...
3 components of a successful estate plan
Estate planning is a touchy subject for many Indiana residents as it forces people to consider their own mortality. However, estate plans not only provide you with peace of mind, but they also set your loved ones up to reap the benefits of your hard work after your...
What are some common reasons to revise your will?
Most Indiana adults who have prepared and estate plan have a will as one of its components. Sometimes, it needs to be updated to ensure that it’s concurrent with your life, and there are several events that precipitate the need to do so. Your marital status has...
Common estate planning documents
Estate planning could involve more than someone thinks. Even those who know about the different documents, forms and tools involved in the process might overlook things. Indiana residents may benefit from reviewing the various items that could help them devise an...
How to talk to your parents about their estate plan
Having an estate plan is a good way to protect your Indiana loved ones. If you have reason to believe your parents haven’t yet taken these necessary steps, you should bring up the subject with them. Don’t wait Now is the best time to talk to your parents about estate...
