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October 2018 Archives

What is a special needs trust?

If you are an Indiana resident who has a loved one with special needs, you may hope to provide for his or her long-term maintenance after your death by bequeathing him or her with an inheritance in your will. While your heart is in the right place, this situation requires careful estate planning. According to FindLaw, people with disabilities may become ineligible for government benefits if they inherit assets in one large lump sum. A special needs trust avoids this problem by putting the inheritance in the hands of a trustee who manages your property for your loved one's benefit.

The importance of estate planning for millennials

If you are one of the many millennials in Indiana, you may be moving into your thirties and this may have you thinking differently about your life than you have up to this point. This new way of thinking might include long-term plans for the coming decade and possibly into retirement. Another thing you should also be considering is making an estate plan.

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Lawrenceburg, IN 47025

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