A will is an important estate document. But despite how vital it is, a will is not able to do a few specific things. The American Bar Association notes the main point of a will is to determine who gets your assets after your death. It can also express your wishes and...
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Indianapolis, Indiana Legal Blog
How can you vet charitable organizations for your business?
Giving back to charity can give your business a sense of purpose and strengthen your connection to your community. Often, charities will approach business owners for donations, especially toward the end of the tax year. Unfortunately, not every charity wants to give...
Could high interest rates impact your ability to sell your home?
Most buyers will have to secure a mortgage to buy real estate. Part of the mortgage process is securing a good interest rate because the interest will add to the overall cost of the purchase. The Federal Reserve sets interest rates and will adjust them according to...
3 keys for successful farm succession planning
Farming has solidified itself as the heart of Indiana. As the farmer doing the work, it means more to you than just a job. According to the Glass Barn Education Center, 96% of the nearly 56,000 operations are in Indiana. As your retirement grows closer, establishing a...
3 steps for creating a special needs trust
Parents of children with special needs likely have many questions about who might care for their offspring if they pass away unexpectedly or become too ill to care for them. These individuals might obtain greater peace of mind by creating a special needs trust that...
When is it time to form an LLC?
Anyone can form a sole proprietorship. However, it makes more sense to transition into a limited liability company or corporation at some point. Most businesses that turn a profit benefit from incorporating. If you have a growing business, continue reading to learn...
Revocable Trusts – An Overview
For any number of reasons, people may not want the financial affairs of their estates made public after their passing. To help avoid the probate process, which would make pertinent documents matters of the public record, some consider alternative options to a...
What you should know before starting an LLC
When you start a new business, there are several different ways you can structure it. Each business structure has its own strengths and weaknesses. If you start a limited liability company, you can combine the advantages of several different business structures in...
Renting land for solar panels and lease agreements
Solar panels have been around for a long time, but recently Indiana has increased its focus on solar energy. According to the Indianapolis Business Journal, 1,000 acres of solar panels will be in operation by 2024, with thousands more on the way. It is tempting for...
What do executors do?
Executors hold an important role in a person's estate plan. Many responsibilities fall on their shoulders. But exactly what are those responsibilities? What parts of an estate does an executor actually oversee? Managing finances Forbes talks about the responsibilities...