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Wills and Trusts

Indianapolis Estate Planning Seminars

August 27, 2012Asset Protection, Divorce, Elder Law, Estate Planning, Financial Planning, Guardianship, Incapacity Planning, Legacy Planning, Living Trusts, Power of Attorney, Probate, Taxes, Wills and Trusts

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

Late Artist Kinkade's Wife, Girlfriend at Odds

August 22, 2012Divorce, Estate Planning, Legacy Planning, Wills and Trusts

Estate planning lawyers are always going to remind their clients about the need to make the appropriate estate plan revisions.  There are certain life changes that make updates necessary, and one of them is a change in marital status. We can often gain insight into the pitfalls that go along with a lack of proper planning when we hear about celebrity cases.  With this in mind let's take a brief look at the estate of the deceased artist Thomas Kinkade. Kinkade, the so-called … [Read more...] about Late Artist Kinkade's Wife, Girlfriend at Odds

Make Sure Your Estate Plan is Airtight

August 8, 2012Estate Planning, Legacy Planning, Wills and Trusts

Some people buy into the idea that you can purchase generic legal documents online and plan your own estate.  The the fact is that you can indeed pay the hefty charges, download the documents, and fill in the blanks.  Whether or not they will actually be legally binding and ultimately uphold your true wishes is anyone's guess. It is important to have your estate plan constructed by an experienced professional so that there are no openings that can be utilized by disgruntled parties … [Read more...] about Make Sure Your Estate Plan is Airtight

Protect Your Resources For Succeeding Generations

August 1, 2012Asset Protection, Estate Planning, Financial Planning, Taxes, Wills and Trusts

You may have found yourself daydreaming from time to time about what you would do if you were ever to come into a large sum of money.  The truth is that a visit to a good local Indianapolis estate planning lawyer should be near the top of your list. If you were to pass away without taking any steps to gain estate tax efficiency your loved ones could lose massive amounts of money when the federal estate tax is imposed. Of course some people accumulate significant financial resources … [Read more...] about Protect Your Resources For Succeeding Generations

Residential Asset Protection

June 25, 2012Asset Protection, Estate Planning, Financial Planning, Legacy Planning, Taxes, Wills and Trusts

Your home may be your most valuable personal asset, and as a result you may be very interested in protecting it from any legal actions that may be lodged against you in the future.  People who are in certain lines of work are naturally vulnerable to lawsuits, and for these individuals (and others) a qualified personal residence trust may be a good option. Once you place the property into the trust it is protected because it is technically no longer your personal property and it is not … [Read more...] about Residential Asset Protection

Life Insurance Proceeds Should Be Properly Positioned

June 22, 2012Asset Protection, Estate Planning, Financial Planning, Insurance, Taxes, Wills and Trusts

Throughout our lives the goal is to accumulate financial resources.  This is not just a self-serving endeavor; if you have a firm financial underpinning you will be in a position to provide opportunities to your family members and perhaps even engage in philanthropic activities that benefit the community as a whole. While it could seem as though financial success is nothing but positive, the fact is that you must be careful as you are planning your estate if you have been fortunate … [Read more...] about Life Insurance Proceeds Should Be Properly Positioned

Probate Expertise Makes All The Difference

June 18, 2012Estate Planning, Probate, Wills and Trusts

You may have heard the word "probate" referred to without fully understanding what it is all about.  Briefly described, probate is a legal process that your estate must pass through before the heirs to the estate receive their inheritances. Because it is a legal process it takes place under the auspices of the probate court that is local to the deceased. So, your last will is not just read among family members.  It must be deemed valid by the court, and anybody who wanted to … [Read more...] about Probate Expertise Makes All The Difference

How Wills Are Used In Estate Planning

June 6, 2012Advance Directives, Estate Planning, Probate, Wills and Trusts

In the field of estate planning there are many different legal instruments that are utilized, and some of these are rather complex and not commonly understood.  One exception would be the last Will and testament, but the fact is that there are other types of Wills to consider as well. With a last will you state your wishes regarding how your assets will be transferred to your loved ones after you pass away.  While it could seem as though this is a simple and efficient choice with … [Read more...] about How Wills Are Used In Estate Planning

Don't Let Trusts Intimidate You

June 4, 2012Estate Planning, Living Trusts, Probate, Wills and Trusts

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

Celebrity Pets

May 2, 2012Estate Planning, Pet Planning, Wills and Trusts

Our pets provide us with many intangible joys, and they certainly deserve some rewards in return. A lot of people take this to heart and pamper their pets, but when it comes to certain celebrities they take things to another level. Estate planning attorneys will always remind their clients that you have to remember your pets when you are planning your estate.  While it is true that you may live longer than your dog or cat, there are no guarantees and it is better to be safe than sorry … [Read more...] about Celebrity Pets

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