As you work to prepare your estate plan in Indiana, you begin to notice opportunities to preserve assets from standard administrative processes that might otherwise take away from the personal wealth you hope to pass on to your beneficiaries. These may include the...
How can you prepare for your child with special needs’ future?
When you have a child with special needs, your child may depend on you for your entire life. As a parent, you have to prepare for a future where you may not be there. How can you ensure that you meet your child's basic needs without you? U.S. News explains that while...
Must have documents in your estate plan
Estate planning is never something you want to think about. Unfortunately, it is something that you have to consider, particularly when you own property. When you create your estate plan, there are a few documents that no estate plan is complete without. Will or trust...
Update your estate plan following these happy and sad events
As you go through life, you will experience many events that result in permanent changes. Some are happy and some sad, but any event that has an effect on your life going forward may necessitate a change to your estate plan. CNN Money recommends that you update your...
3 signs it is time to revisit your existing advance directive
While no one can require you to complete an advance directive, preparing one may put your mind at ease. After all, an advance directive clearly states your instructions for future medical care and treatment. If a serious illness or injury renders you incapable of...
What should you focus on when updating your estate plan?
Creating your estate plan is a daunting and time-consuming task. Keeping it up to date also takes a lot of time and effort. But fortunately, there are ways in which you can streamline your reviewing process. You can do this by narrowing down your focus when reviewing....
How business succession fits into an estate plan
Some family-run businesses may not give much thought to succession planning. Many proprietors assume that after they die, their heirs will simply take over and manage things. As reported by The Business Journals, approximately 60% of owners surveyed disclosed they...
What Special Estate Considerations Do Farms Have?
Running and operating a family farm requires a commitment that few people are willing to undergo. Whether you're raising livestock, growing small grains or producing vegetables, nature doesn't take your plans into account. The long-term goals for your farm could take...
What should your estate plan include?
There is a widely believed misconception that you only need to worry about an estate plan when you are older or when you have a lot of wealth. Throughout your life, you will have different requirements for your estate plan. However, U.S. News discusses which part of...
How can you choose the right estate executor?
Making arrangements for your estate and other end-of-life duties are usually not easy to face, so choosing the right estate executor to take on these duties after you pass can offer you peace of mind that your heirs receive money, property and other assets without a...
