If you find yourself in the position of administering the estate of a recently deceased loved one, you may feel a little overwhelmed if this is your first time overseeing the probate of an estate. Along with trying to navigate a legal process with which you are unfamiliar, you ae also likely still grieving the loss of your loved one. Although it is always wise to consult with an experienced attorney when faced with the need to probate an estate, the Indianapolis probate attorneys at Frank & … [Read more...] about Top 5 Probate Mistakes You Can Avoid Making
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Why Would I Need a Testamentary Trust?
Many people choose to incorporate at least one trust agreement into their comprehensive estate plans. If you are among them, you will need to make many important decisions during the creation of your trust, starting with whether to establish a living or testamentary trust. Although it is always best to consult with an experienced attorney before making any estate planning decisions, an Indianapolis trust attorney at Frank & Kraft explains why you might decide to include a testamentary trust … [Read more...] about Why Would I Need a Testamentary Trust?
Key Steps in Creating Your Will in Indiana
Every adult should have at least a simple Will in place to ensure that they do not leave behind an intestate estate. If you have yet to execute your Last Will and Testament, but are finally ready to do so, know that you are giving yourself and your loved ones a valuable gift. To ensure that your Will (and your entire estate plan) works as intended you should always consult with an estate planning attorney. To get you started down the right path, however, the Indianapolis Will attorneys at Frank … [Read more...] about Key Steps in Creating Your Will in Indiana
Living with Alzheimer’s: Coping Strategies for Patients and Caregivers
More than six million Americans are currently living with Alzheimer’s disease and that number is expected to double by 2050. The odds are good that you or someone close to you will develop Alzheimer’s during your lifetime. Knowing that, it makes sense to learn what you can about the disease. To help you get started, an Indianapolis attorney at Frank & Kraft discusses coping strategies for patients and caregivers living with Alzheimer’s disease. What Is Alzheimer’s Disease? Although … [Read more...] about Living with Alzheimer’s: Coping Strategies for Patients and Caregivers
The Art of Estate Planning: Ensuring Your Wishes Are Honored
While planning for the distribution of your estate assets is an integral part of any estate plan, a comprehensive estate plan can do much more. In fact, one of the most important things an estate plan can do for you is to ensure that your wishes are honored throughout your life and even after you are gone. To help you better understand, the Indianapolis estate planning attorneys at Frank & Kraft explain how to ensure that your wishes are honored through the art of estate … [Read more...] about The Art of Estate Planning: Ensuring Your Wishes Are Honored
Claiming Your Inheritance: Strategies for Beneficiaries Going Through Probate in Indiana
When a family member or loved one passes away, there is usually a grieving period that follows. At the same time, there are legal and practical steps that must be taken to administer the decedent’s estate. If you recently lost someone and you have reason to believe you will inherit from the estate, you may be struggling with how to proceed. If so, the Indianapolis probate attorneys at Frank & Kraft discuss claiming your inheritance and strategies for beneficiaries going through probate in … [Read more...] about Claiming Your Inheritance: Strategies for Beneficiaries Going Through Probate in Indiana
What Can and What Cannot Be Used to Fund a Revocable Living Trust?
Many people choose to include a revocable living trust in their estate plan. If you are among them, you will need to fund the trust that you create. That means you need to understand what assets should and should not be transferred into your trust and what you need to do to effectuate those transfers. Toward that end, the Indianapolis trust attorneys at Frank & Kraft explain what can and what cannot be used to fund a revocable living trust. What Is a Revocable Living Trust? A trust is … [Read more...] about What Can and What Cannot Be Used to Fund a Revocable Living Trust?
What Are the Benefits of Working with an Estate Planning Attorney?
In the 21st century, we are all accustomed to finding just about anything we are looking for with a quick internet search. It can be tempting to google your medical symptoms instead of consulting a physician or rely on fill-in-the blank legal forms instead of working with an experienced attorney. To discourage you from doing the latter, the Indianapolis estate planning attorneys at Frank & Kraft explain several of the numerous benefits of working with an estate planning attorney. What Is … [Read more...] about What Are the Benefits of Working with an Estate Planning Attorney?
When Does a Successor Trustee Take Over?
One of the most useful tools found in the average estate plan is a trust agreement. If you decide to incorporate a trust into your estate plan, you will need to appoint a Trustee. It is also wise to appoint a successor Trustee. To help you understand why appointing a successor Trustee is important, the Indianapolis trust administration attorneys at Frank & Kraft explain under what circumstances a successor Trustee might take over the administration of a trust. What Is a Trust? A trust … [Read more...] about When Does a Successor Trustee Take Over?
What You Need to Know about the Indiana Transfer on Death Property Act
For many people, the primary motivation for creating an estate plan is the desire to provide for loved ones in the event of death. Along with ensuring that your estate assets are passed down to your designated beneficiaries, a well thought out estate plan can also help make sure your beneficiaries receive those assets as soon after your death as possible. As the Indianapolis estate planning attorneys at Frank & Kraft explain, making use of the Indiana Transfer on Death Property Act is one … [Read more...] about What You Need to Know about the Indiana Transfer on Death Property Act
