A carefully thought out and properly drafted estate plan can accomplish many goals. It can also give you peace of mind knowing that your loved ones will be financially secure if anything happens to you. Sometimes, however, simply handing a beneficiary money or other assets is not a wise idea, especially if that beneficiary has a history or reckless spending. The good news is that your estate plan can address this common problem. To better explain, the Indianapolis attorneys at Frank & Kraft … [Read more...] about The Spendthrift Beneficiary: Protecting Assets from Reckless Spending
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How Do I File a Complaint Against a Nursing Home in Indiana?
Making the decision to move a parent, grandparent, or another elderly loved one to a nursing home is not an easy decision. Once the decision has been made, family members often worry about the quality of care their loved one is receiving. Most of the time, those worries are unfounded; however, the harsh reality is that nursing home abuse and neglect happens more often than most people realize. If you believe that an elderly loved one has been abused or neglected, an Indianapolis elder law … [Read more...] about How Do I File a Complaint Against a Nursing Home in Indiana?
Secrecy and Security: Keeping Your Estate Plan Confidential
Some people choose to share the details of their estate plan with loved ones while they are alive. Others prefer to keep those details confidential while alive yet are not concerned about them being made public after their death. Still other people want the details of their estate plan to remain private both while alive and after their death. To ensure that your wishes on the matter are honored, the Indianapolis estate planning attorneys at Frank & Kraft discuss how to keep your estate plan … [Read more...] about Secrecy and Security: Keeping Your Estate Plan Confidential
Top 5 Probate Mistakes You Can Avoid Making
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
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?
