A person should consider guardianship for their loved one when they are unable to make safe and informed decisions for themselves. This is often because of a sudden illness or a long-term disability. Depending on the court's decision, a guardian has the power to make...
Estate Planning
How can you secure your special needs child’s future in Indiana?
You face unique challenges as a parent of a special needs child in Indiana. While you manage daily care and support now, you must also plan for your child's future. A solid plan will protect your child and give you peace of mind. What does special needs estate...
What is the role of a healthcare proxy?
A healthcare proxy plays a key role in making medical decisions when you are unable to do so yourself. This person, also called a healthcare representative in Indiana, steps in if you become incapacitated due to illness or injury. Choosing the right proxy ensures...
Where do you begin with end-of-life care planning?
Establishing a plan for end-of-life care is a crucial step many overlook, but it is a decision that can profoundly impact your life and the lives of your loved ones. This plan allows you to maintain control over your health care choices even if you become...
Strategies for minimizing taxes on your Indiana estate
Estate planning is about more than deciding who gets your assets; it also involves making sure those assets don’t get eaten up by taxes. While Indiana doesn’t have its own estate or inheritance tax, your estate could still face federal estate taxes. Fortunately, with...
Effective strategies to pass wealth to your heirs
Passing wealth to your heirs is an important part of planning for the future. It's not just about the money; it's about ensuring you take care of your loved ones, and in Indiana, there are various methods to achieve this. Writing a will A will is a fundamental...
Planning for the unexpected: Living will vs. advance directive
Unexpected events can happen to anyone, at any time. As a young adult, a sudden accident can lead to an unfortunate situation where you can no longer speak for yourself. This scenario can leave your loved ones to make difficult decisions about your medical care. But...
How to include digital assets in your estate plan
Planning for the future involves more than just physical assets. In today's digital age, it is important to also consider your digital ones. To ensure these assets will be properly handled when you are gone, it is helpful to understand how to include digital assets in...
Should you appoint a family member as trustee?
When setting up a trust, one of the most significant decisions you will make is choosing the right trustee. This person will manage your trust’s assets according to your wishes. Often, people choose a close family member for this role due to their personal connection...
How can you talk to elderly parents about their estate plan?
Discussing estate planning with elderly parents can be a sensitive topic. However, it is important to understand and honor their wishes. Learning about tips on how to broach this important subject with your aging loved ones may help. Choose the right time and place...
