Understanding the laws applicable to wills and probate is very important both when you are making an estate plan and when your loved one has passed away. It is especially essential to know that when assets are left to heirs or beneficiaries in a will, those assets typically must pass through the probate process. The probate process can be a time consuming and costly one, so those who are going through probate should make certain they're represented by … [Read more...] about Do you Need To Go Through Probate If There is a Will?
Wills and Trusts
There are certain circumstances when you may decide that you need to contest a will. Contesting a will is a very serious decision to make, and there are many legal steps involved if you want to successfully argue that a will should not be probated because it does not accurately reflect the wishes of the deceased. If you are considering contesting a will, it is a good idea to talk with an experienced attorney first. Frank & Kraft can provide you with insight into the … [Read more...] about Why Should You Contest a Will?
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 … [Read more...] about Carmel Trust Attorneys Explain Why a Trust May be Better Than A Will
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...] about Top Mistakes People Make When Creating a Trust
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 … [Read more...] about Benefits of Trust Administration vs. Probate
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 … [Read more...] about Correcting Misconceptions About Living Trusts
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...] about Why Talking to Trust Lawyers is Important for Family Breadwinners
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...] about 5 Reasons You Could Contest a Will
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...] about How Do You Know if a Trust is Right for You?
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 … [Read more...] about Three Mistakes Indianapolis Trust Attorneys Help You Avoid