Lawrenceburg Indiana Bankruptcy and Estate Planning Blog
Can your estate bypass Indiana’s probate courts when you die?
People often have their own unique goals for estate planning, but certain goals are quite common. One issue that many people worry about is the expense and delay of having their estate go through the probate court. Not only do family members and other beneficiaries...
What are some points to remember about expungements?
People make mistakes in life. Sometimes those mistakes lead to serious consequences, like criminal charges and (possibly) a conviction. Once someone has a criminal record, trying to live an ordinary life becomes much more difficult. However, Indiana state law enables...
Expungement and your future
No one wants a criminal record. However, everyone makes mistakes, and you could one day find yourself with a black mark on an otherwise clean past. Should this happen, it won’t be long before you realize that it can negatively impact your life for years to come. Even...
Do you need a gun trust for your estate?
As you get older, you think about how you’d like to leave behind assets for your children and beneficiaries. You’ve been an avid collector of guns for many years, so something you’d like to do is to have a trust set up to take ownership of those gun titles. A gun...
Inheritance theft: More common than you might think
After a loved one dies, you might think that it would be obvious if someone tried to take something from the estate that your deceased family member didn’t intend for them to have. However, many common forms of inheritance theft aren’t obvious and largely go...
Nobody likes to think about the fact that they’re going to die -- and your adult children certainly don’t relish the prospect of your passing. That sometimes makes it tough to address some very important issues, including your estate plans. Just the same, it’s...
It’s time to talk about long term care with your aging parent
Long term care is something that many people will need as they age. Whether that means getting in-home health care or going to a nursing home, at some point, most people will need some assistance. Long term care is there to help with providing your loves one support...
Can Medicaid take a portion of your parent’s estate?
Qualifying for Medicaid as an older adult often requires careful planning. Those at or past the age of retirement may give strategic gifts to their loved ones or even place their most significant assets, like their retirement account, into a trust to ensure that their...
How do revocable and irrevocable trusts differ?
A trust is a valuable estate planning tool that enables the creator to pass assets down to others without having to go through the probate process. Trusts also provide a measure of privacy for all parties involved since the contents of the trust aren’t public record....
Planning for the costs of a nursing home
Many people have to spend at least some time living in a nursing home in the later years of their life. These homes give them a chance to have social groups, get around-the-clock care and live in a comfortable, safe setting -- something they may not have in their own...
