Retiring in Indiana can leave you several good memories with family and friends. If you'd like to extend your legacy to the next generation by leaving them an inheritance, you'll have a few choices. Doing so before you retire requires you to calculate the money you'll...
trust & probate administration
Completing the probate process may take time
If you're dealing with an estate going through probate in Indiana and wonder how long it will take to complete, several factors can influence the timeline. Examining some of the factors can provide more insight into why the probate process can take time. Factors that...
What assets need to be listed for probate in Indiana?
Estate planning is a way you could use to protect your interests and that of your loved ones before and after your death. When you fail to organize your affairs accordingly, your beneficiaries will go through a time-consuming and expensive process in Indiana known as...
Defining the terms of a trust
For a trust to be administered properly, the trustor and trustee have to prove its certainty to the courts in Indiana. This means proving that the trust is accurate and has reasonable intentions. While creating a trust, the trustor has to make several requirements for...
Estate planning tools in Indiana
No Indiana resident wants to think about what will happen when they die, but estate planning is a necessary part of getting older. Estate planning also ensures that your children are taken care of after you're gone and won't have to spend months sorting through your...
Avoid unnecessary costs in probate courts
In 2021, millions of dollars will be wasted on unnecessary probate court fees. In Indiana, there are ways to avoid paying extra costs of going through probate, waiting for a decision and increasing the difficulty of distributing a decedent's property. Avoiding probate...
What is a trust and how does it work?
Every year, residents of Indiana create trusts as part of their estate planning. A trust can bring you great peace of mind in knowing that you’re preparing for the future. You should know what a trust is and what it can do for you and your loved ones. What is a trust?...
How can a trust benefit your estate plan?
Throughout life, it's wise to look over and update your estate plan. These updates can involve the addition or removal of beneficiaries, and you may update this plan to add rules about how someone can spend what you leave for them. Another way to update your estate...
What are the financial concerns of choosing a trustee?
Choosing to use a trust as part of your estate planning is a smart idea since it can help reduce the hassles that can occur in probate. It also provides some asset protection and lets you clearly define what you want to happen with your assets after your death. In...
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...