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...
Estate Planning
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...
Why estate planning should be a priority
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...
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...