The future of your farm is an important part of your estate planning. Determining that future starts with an accurate valuation. Many factors contribute to the value of a farm operation, and you need to understand those factors and how to account for them. These four...
Experienced Advocacy And Legal Counsel
Indianapolis, Indiana Legal Blog
Reasons businesses should remember charitable giving
In the world of business, success is not just measured by profits or growth rates. A truly successful business also considers its impact on the community and the broader society. According to America's Charities, businesses donate about $5 billion each year. Why...
How can you protect your business from cyber threats?
In the rapidly evolving world of technology, the importance of cybersecurity for businesses has never been more necessary. Every day, cyber threats continue to grow in sophistication, posing an increasing risk to the security of business data and systems....
Is it worth it to buy a foreclosed home?
If you wish to purchase a home but are tight on money, you might want to get the best deal possible. One option is to look for a house sold by a bank. Generally, these are homes a bank has foreclosed on. While foreclosed houses can go for less money, it is important...
3 keys to remember when estate planning for farms
Estate planning takes on a different level of importance and detail when you own a family farm. Advanced planning helps ensure that your property and the operation you have invested in remain operational and secure. Although estate planning, in general, is reasonably...
Setting up a special needs trust: 3 steps
Setting up a trust can offer financial stability to a loved one, such as a special needs trust. In this situation, a grantor may need to create and fund a trust for someone who cannot care for themselves or have a limited capacity to do so. According to MetLife,...
How to plan your estate to avoid probate in Indiana
Probate is a court process to analyze and transfer estate assets after someone dies. It can take a long time, delaying the distribution of assets to family members, and be expensive. However, there are ways to structure your estate plan that will protect your loved...
What are the benefits of LLCs?
When starting a business, the first thing you need to do is decide what you want the structure to look like. For many business owners, an LLC will prove beneficial. It has numerous plus points that make it popular with smaller businesses or first-time owners....
Choosing the right formation for your new business
Selecting the appropriate formation for your new business in Indiana is an important decision that can have long-term implications. The formation you choose will determine the legal and financial structure of your business. Between a sole proprietorship, partnership,...
How special needs trusts differ from ABLE accounts
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?...