What is the Indianapolis Cost of Probate from Paul Kraft Since probate is a legal process that takes place under the supervision of a court, the executor will often retain a probate attorney to assist The executor must notify creditors about the decedent's death, and final debts must be paid during probate. Learn more about Indianapolis Cost of Probate in this presentation. … [Read more...] about What is the Indianapolis Cost of Probate
Probate
Free Report: Is Probate in Indiana Always Required?
Most seniors will qualify for Medicare when they reach the age of 65. You gain eligibility by earning retirement credits. You can earn up to four credits per year when you are working and paying taxes. Once you have at least 40 credits, you will qualify for Medicare once you reach the age of eligibility. Topics covered in this report include: Medicaid and Long-Term CareMedicaid Planning Strategies Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Is Probate in Indiana Always Required?
Why Would I Want to Avoid Probate?
You should have a 360 degree understanding of the lay of the land when you are planning your estate. Assumptions can get you into trouble, and you can make sure that you take the right steps if you discuss things with a licensed estate planning attorney. One thing that you will learn about when you consult with your lawyer is the process of probate. Many people are under the impression that a last will is the most efficient asset transfer vehicle that you can utilize if you are not … [Read more...] about Why Would I Want to Avoid Probate?
Is Probate in Indiana Always Required?
Is Probate in Indiana Always Required? from Paul Kraft After you passed away, the property that was in your sole and direct personal possession would be looked upon as probate property. Learn more about probate in Indiana in this presentation. … [Read more...] about Is Probate in Indiana Always Required?
What is the Uniform Probate Code?
There are laws in place that are used to sort things out when someone passes away. They are implemented during the process of probate. Various parties may have an interest in the estate. These would include family members and others who may be receiving inheritances, and those who may think that they should be receiving inheritances. Creditors would also have an interest in the estate, including the tax man. Because of these various interests, estate supervision is … [Read more...] about What is the Uniform Probate Code?
Free Report: What are the Drawbacks of Probate in Indiana?
When an estate is going through probate confidentiality is lost, because probate records can be accessed by the general public. Topics covered in this report include: Delayed AssetdistributionsAccumulation of ExpensesPublic proceedingAvoiding Probate Click here to read the whole article or download the PDF. … [Read more...] about Free Report: What are the Drawbacks of Probate in Indiana?
What Happens to a Living Trust When One Spouse Dies?
To a large extent, you control the outcome when you plan your estate. This is what it is all about. Legally binding documents do not rule you; it is the other way around. You utilize specific documents to facilitate the fruition of your wishes. With this in mind, let's look at the question that serves as the title of this post. Separate Living Trusts for Married Individuals When you create a living trust, you have a great deal of control over the terms of the … [Read more...] about What Happens to a Living Trust When One Spouse Dies?
Do I Lose Control of Assets in a Revocable Living Trust?
It is important to gain an understanding of the vehicles of asset transfer that you can utilize when you are planning your estate. There are those who have misconceptions, and you can look past viable solutions if you do not know all the facts. With this in mind, we would like to look at revocable living trusts in this post. Loss of Control? Some people are under the impression that you lose personal control of assets when you place them into a trust. That's the whole … [Read more...] about Do I Lose Control of Assets in a Revocable Living Trust?
Attend a Living Trust Seminar in June
The last will is the most commonly utilized estate planning document, and you may assume that you should use a last will to arrange for the transfer of your assets. In fact, you may want to consider a revocable living trust as an alternative. We are offering a series of seminars during the month of June that will cover revocable living trusts in detail. The seminars are being offered free of charge, and you will obtain a great deal of valuable information if you attend one of the … [Read more...] about Attend a Living Trust Seminar in June
Is Probate Always Required?
Estate administration tasks are often conducted under the supervision of the probate court. However, there are certain circumstances under which the probate process will not be required. In the state of Indiana, small estates can sometimes avoid the full probate process through the execution of a simple affidavit, and there is also a simplified probate process. To be eligible for either of these shortcuts, the estate in question cannot be valued in excess of $50,000. If the … [Read more...] about Is Probate Always Required?
