Lawrenceburg Indiana Bankruptcy and Estate Planning Blog
How bankruptcy can help if you’re still paying off holiday gifts
The winter holiday season is often prohibitively expensive. Between travel, planning parties and cooking a holiday meal, you may spend hundreds or even thousands of dollars, to say nothing of the amount of money you may spend on gifts. Particularly if your family has...
What debts are not discharged with Chapter 7?
One of the benefits of going through a Chapter 7 bankruptcy is the clean slate that results afterward. Many people who go through the process feel a great sense of relief when their debts are finally gone and they can start a new life. However, it is important to know...
What duties will you perform as an estate administrator?
When you agree to become the executor of someone’s will and therefore the administrator of his or her probate estate after (s)he dies, you take on a substantial responsibility. The main thing you should keep in mind is that you have become a fiduciary. What this means...
What can bankruptcy’s automatic stay protect you against?
If you are currently feeling the heat from creditors who may be attempting to contact you at home or at work, you may be feeling increasingly desperate for some sort of relief. In some cases, people who are drowning in what feels like increasingly overwhelming debt...
What questions will the trustee ask at the 341 meeting?
Some of the questions that are asked by the trustee at the 341 meeting are, for example, your name, your address and where you are working. The trustee will ask you if you read the documents before you signed them and he will ask you to verify who your attorney is....
When should you disinherit a child from your will?
Once your estate plan is set up and you have determined your heirs, it is not enough to assume it is done and forget about it. The truth is that you may have to change your will several times before it is used. One of these situations comes when parents in Indiana...
3 common reasons people file for bankruptcy
Despite efforts to educate the public on its real benefits, there is still a stigma surrounding filing for bankruptcy. People on the brink of it may regard it as a failure, while those unaffected may look down on those who file, believing their financial difficulties...
What questions will the trustee ask at the 341 meeting?
Some of the questions that are asked by the trustee at the 341 meeting are, for example, your name, your address and where you are working. The trustee will ask you if you read the documents before you signed them and he will ask you to verify who your attorney is....
When an executor opts out
Estate planning presents many tough decisions for people in Indiana, such as deciding how to distribute the assets of an estate and even figuring out which type of estate plan to set up. At Miller Flannery Law LLC, we know that unique challenges arise in some...
Why should I update my estate plan?
Are you an Indiana resident who already has an estate plan written? While this puts you ahead of the game, it is not where estate administration ends. Your estate plan is a lifelong project that you will have to keep updated and change in accordance with the changes...
