Carmel trust attorneys can help you with creating a trust so you can use this important and versatile legal tool to protect your assets and provide a legacy for your loved ones. Creating a trust can be more complicated and costly than creating a last will and testament, so you may wonder why you would bother with trust creation if you could just make a last will and testament to specify who inherits. The reality is that a trust is often better than a will for lots of different reasons, and both … [Read more...]
Top Mistakes People Make When Creating a Trust
Trust lawyers will help you to make effective use of trusts to protect your assets and to ensure that your family is provided for in the most appropriate way. Trusts are powerful and versatile so you can use them to accomplish many important goals. Unfortunately, many people make mistakes during the process of creating trusts that undermine their efforts to use these tools successfully to achieve their desired aims. Frank & Kraft can help you to make sure that does not happen. Trust … [Read more...]
Benefits of Trust Administration vs. Probate
An Indianapolis trust administration lawyer can help you through the process of transferring assets after a loved one has died with a trust. Frank & Kraft can represent a trust administrator who has been entrusted with the responsibility of managing trust assets or can represent heirs or beneficiaries whose inheritance is at stake. Our legal team can also provide representation in situations where assets must transfer during the probate process. Both the trust administration process and … [Read more...]
Correcting Misconceptions About Living Trusts
Living trust attorneys will work with you to determine if trust creation is the best course of action as part of your incapacity plan or your estate plan. There are different kinds of trusts that you could potentially incorporate into your plans for the future, but a living trust is one of the most popular types of trusts because of the flexibility that it can provide to you. However, while a living trust has many substantial benefits -- including protecting assets in case of incapacity and … [Read more...]
Why Talking to Trust Lawyers is Important for Family Breadwinners
Trust lawyers at Frank & Kraft can provide you with help determining if you need a trust. Many people, including those who are not wealthy, could benefit from creating a trust -- but far too many people do not know how a trust could help them or how a trust could help their loved ones. An experienced attorney can evaluate your situation and assist you in deciding whether a trust is a tool that you should incorporate into your estate plan. We can also help you to decide what kind of trust is … [Read more...]
5 Reasons You Could Contest a Will
A probate attorney at Frank & Kraft provides help during the probate process to try to make this process go as smoothly as possible. Our legal team can represent an executor of an estate and help the executor to fulfill his fiduciary duty. We can also provide representation to heirs or beneficiaries who want to make certain that the executor is fulfilling his obligations and protecting an inheritance. With help from an experienced attorney, hopefully the process will go smoothly, the … [Read more...]
How Do You Know if a Trust is Right for You?
An Indianapolis trust lawyer can assist you in determining if creating a trust is the best approach for accomplishing your estate planning or asset protection goals. Trusts are a powerful legal tool that can assist you in more easily transferring assets to loved ones and that can provide protection for your assets both during your life and after you death. Unfortunately, many people misunderstand what trusts can do and how they work. It is a common misconception that trusts are only for wealthy … [Read more...]
Three Mistakes Indianapolis Trust Attorneys Help You Avoid
Trust are a versatile and important estate planning and asset protection tool that Indianapolis trust attorneys can help you to use effectively. Trusts can actually be used to accomplish many different goals, including keeping wealth safe during the course of your life as well as making certain that your heirs or beneficiaries do not end up losing their inheritance due to taxes, irresponsible spending, or a wide variety of other factors. Frank & Kraft can provide you with help in … [Read more...]
The Executor of a Will Should have These Qualities
If you are in the process of creating a will, it won’t be long before you need to answer this question: who will you choose as the executor?Of course, if you’ve created this legal arrangement in the past, you’ve already made this decision. In some cases, even if you already have an executor in place, you may need to make a change. For example, this is necessary in the event that your original executor is no longer able to perform the duties required of him or her.The executor of a will … [Read more...]
Why Contesting a Will is More Difficult Than You Might Think
Have you recently had a loved one pass away, and discovered that he or she left you no inheritance or less than you had been expecting? Do you have reason to believe that someone convinced your loved one to change the will to cut down on your inheritance – or exclude you altogether? Have you been thinking about challenging the will to get your fair share of the estate? If so, you certainly wouldn’t be the first person in history to contemplate such a thing. It’s important for you to know, … [Read more...]
