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...
Estate Planning
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...
How does your estate tax planning strategy look?
Many people accumulate assets during their life with the hope of transferring their wealth to their heirs. People sometimes forget estate taxes during estate planning for heirs or favorite charities. Estate taxes can reduce the size of an estate or distributions in...
Gathering documents needed for estate planning is essential
Protecting your loved ones can be completed best by establishing a solid estate plan. If you want to choose who inherits your possessions, creating one is critical. Doing so allows you to minimize the odds of family disputes, and you can also name a guardian for your...
Understanding estate planning for Indiana’s blended families
Having a blended family can be a wonderful thing. However, it can also make estate planning a bit more complicated. If you have children from a previous marriage, you'll want to make sure that you take the right steps to ensure that they fit into your overall estate...
Undue influence: What is it and what are the signs?
Undue influence occurs when someone in a trusted position works to manipulate a vulnerable for the purpose of inheriting most or all that person’s assets upon his or her death. The most common perpetrators of undue influence include stepparents, children of elderly...
Creating a last will and testament will help divide your assets
Having a last will and testament is essential when you reside in Indiana if you have assets you'd like to distribute upon your death. It communicates your precise wishes and determines how your assets should be divided when you pass away. Without this legal document,...
What to consider when choosing an executor for your estate
Naming beneficiaries is a critical aspect of creating your estate plan. It is also necessary to name someone to settle your estate's outstanding financial obligations, schedule your will's probate hearing and distribute your assets according to your wishes. These are...
