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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?...
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...
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...
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...
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...
Estate planning can be a stressful process because it involves not only exploring your own mortality but also the various connections you have with other people and the ways that they depend on you. You will need to complete an assessment of your current financial...
Losing a spouse is one of the most difficult, painful and stressful experiences that you will go through in life. Grief can take months or even several years to fully process, while the social and financial consequences of your loss could ripple out for many years to...
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...
One of the most versatile tools you have at your disposal when creating your estate plan in Indiana is a trust. Kiplinger explains a trust is an agreement where a trustee agrees to manage assets for you in the way you direct him or her to do so. Trusts are quite...
When it comes to estate planning, things change often. Not just with your personal situation but also with the law and how that impacts the decisions you have made about your assets. Recent changes may have you rethinking the use of a qualified personal residence...
