Because many people with disabilities require substantial care and support, it is essential to plan for their financial and other needs carefully. Special needs trusts and ABLE accounts are two tools that you can utilize. What are these tools and how do they differ?...
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Indianapolis, Indiana Legal Blog
Is estate planning necessary when you are single?
If you are single and do not have any children, planning your estate might seem excessive and unnecessary. However, being proactive about your future is a responsible decision regardless of your status. Estate planning can add value to your life and encourage you to...
Pros and cons of selling Indiana farmland vs. renting
Many know Indiana for its rich farmland, but determining whether to sell or rent that land can be a challenging decision for farmers. Both options have their pros and cons, and it is essential to weigh these carefully before making a decision. In this article, we will...
When can you be personally responsible for your LLC’s debts?
Starting a business venture is always a bit of a gamble. If your business eventually fails, though, you do not want your personal wealth to be in jeopardy. According to reporting from Yahoo!, protecting personal assets from the business's creditors is one of the more...
4 tips for finding the right retail space
Making the leap to purchasing a retail space requires thorough research and planning. With the national real estate vacancy growing higher, you may find it easy to want to jump right in with the first property you find. To avoid headaches down the road, consider the...
Helping your children manage their inheritance
Leaving a substantial inheritance to your children is a generous and thoughtful gesture, but it can also come with its share of challenges. Without proper guidance, young heirs may struggle with managing their newfound wealth and make costly mistakes. Here are some...
What do executors have to handle?
The executor of an estate has a very big job to handle. This is why it is crucial to pick a person who you can trust, and who can handle the weight of the position. But what exactly do executors have to do, anyway? Management of finances Forbes takes a look at the...
3 mistakes to avoid in business contracts
Contracts may not be anyone's favorite thing to deal with, but ironclad agreements serve as protection when doing business. However, many companies rush the process and leave terms unclear or missing. Being careless with contracts can be costly, as in the example of a...
3 reasons why many small business owners form LLCs
The United States is a land rich in businesses, small, medium and large. According to the U.S. Census Bureau, it was home to almost eight million small ones in 2022. When starting a small business, one of the major decisions entrepreneurs must make is what kind of...
How does a mechanic’s lien work in Indiana?
A mechanic’s lien is a legal tool an Indiana contractor might use to collect payment for performing work or supplying materials to improve a particular property. Certain things must hold true for a contractor to be able to secure a mechanic’s lien, which is...