Here at Frank & Kraft we are sincerely committed to providing members of the community with good estate planning information. We go about this in a number of different ways, and one of them is by passing along a steady stream of useful knowledge on this blog. We also conduct outreach efforts throughout the area in the form of our free seminars. In fact, there are a number of seminars coming up in January and we will pass along the details shortly. In addition to the above … [Read more...] about Indianapolis Living Trust Report Available for Download
Living Trusts
Who Will Administer Your Estate?
You have to consider the matter of estate administration when you are planning your estate. Letting your family know where your estate planning documents are located is fine, but what do they do next? Making your wishes as stated in writing become a reality is going to take the efforts of individuals with certain types of expertise. If you are using a revocable living trust to arrange for the distribution of your resources to your heirs after your passing, you would do well to … [Read more...] about Who Will Administer Your Estate?
The Limitations of Living Trusts
Living trusts are often utilized by people who would like to arrange for the eventual transfer of assets to their loved ones outside of the probate process. When you use a last will to direct the transfer of your assets after your passing the estate must be probated. During this process the probate court supervises the administration of the estate. The heirs to the estate will not receive their inheritances until this process has run its course. Depending on the specifics of the case … [Read more...] about The Limitations of Living Trusts
Indianapolis Estate Planning Seminars
Free advice can be a bit dangerous to accept under certain circumstances. However, sometimes genuine expertise is available to you in a readily accessible and cost-effective manner. Just such an opportunity is presenting itself over the next couple of weeks here in the Indianapolis area. Our firm is going to be presenting some very informative seminars throughout the month of September and we would like to invite all of our readers to attend. At our seminars you will find out … [Read more...] about Indianapolis Estate Planning Seminars
Living Trust is a Viable Option
When you think about "trust funds" you may immediately envision people who come from extraordinarily wealthy families. If you are in fact in possession of a significant store of financial resources you may well want to start a trust or trusts for the benefit of your loved ones. However, a living trust may be a viable option for you even if you would not consider yourself to be well-to-do. These trusts provide some advantages over the utilization of a last will, and you may find … [Read more...] about Living Trust is a Viable Option
Don't Let Trusts Intimidate You
When you are thinking about how you will be arranging for the distribution of your resources to your heirs after you pass away you may automatically assume that a last will is your only option. In fact, there are other possibilities and you should not let a lack of information intimidate you. Expert advice is out there, and there is no reason to make assumptions that limit you. If you discuss your unique situation with a licensed and experienced Indianapolis estate planning lawyer he or … [Read more...] about Don't Let Trusts Intimidate You
Living Trusts: A Breakdown
Revocable living trusts are a good alternative to last wills largely because of the fact that they enable the transfer of assets to your family members outside of the process of probate. Why would you want to avoid probate? There are a few reasons, and perhaps the most pressing one is the fact that there are significant expenses that go along with the probate process. By the time all is said and done the value of your estate can be shaved down by perhaps 5% to 10%, and this is of … [Read more...] about Living Trusts: A Breakdown
Consider An RLT
You may have heard the expression "the right tool for the right job," and a lot of times what separates the professionals from the rest of us is the fact that they have the right tools at their disposal. When it comes to estate planning there are different tools that are utilized under varying circumstances. There can be more to it than simply drawing up a last will, and this is why it is advisable to work with an Indianapolis estate planning lawyer when you are contemplating your … [Read more...] about Consider An RLT
Last Wills, Living Wills, & Living Trusts
Estate planning attorneys typically utilize multiple variations of the same types of legal instruments. This can sometimes lead to confusion among people who are trying to understand what estate planning is all about. Some of these terms are rather wordy and complex, but even some of the simpler ones can be a bit misleading because of the way that they overlap. With this in mind we would like to clear up some popular misconceptions about three very commonly used estate planning … [Read more...] about Last Wills, Living Wills, & Living Trusts
The Appeal Of Revocable Living Trusts
When you are planning your estate, the primary reason why it requires "planning" aside from simply deciding who will be the direct recipients of your assets after you pass away, is to make sure that your resources remain intact during the process of transfer. Ideally you would also like your heirs to receive their inheritances in a timely manner with minimal administrative hassles. This is why many people choose to create revocable living trusts as their primary instrument of … [Read more...] about The Appeal Of Revocable Living Trusts
