For many people, charitable gifting is an important part of who they are and of the legacy they hope to leave behind when they are gone. If you are among them, incorporating your philanthropic goals into your estate plan is important. When doing so, you should maximize any secondary benefits that might be available to you. One charitable gifting tool you may wish to consider using is a charitable gift annuity. The Indianapolis estate planning attorneys at Frank & Kraft explain what a … [Read more...] about What Is a Charitable Gift Annuity?
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How Estate Planning Can Protect Your Grandparents
Grandparents are invaluable. They share their endless wisdom with you and often spoil their grandkids. While grandparents that spoil the grandkids are awesome, incapacitated grandparents with significant assets are a problem. Assets could be depleted, even stolen, leaving your grandparents destitute in their final years. While the idea of stepping in and taking over your grandparents’ finances and/or decision-making may make you uncomfortable, not doing so could put your grandparents at risk. … [Read more...] about How Estate Planning Can Protect Your Grandparents
Estate Planning for Grandparents of a Grandchild with Special Needs
Grandparents play a unique role in the lives of their grandchildren. Typically, they get to have all the fun with little of the responsibility where their grandchildren are concerned. At the same time, they can pass down their wisdom and life lessons to their grandchildren, providing them with invaluable advice and guidance. Grandparents also frequently include their grandchildren in their estate plans. The Indianapolis special needs planning attorneys at Frank & Kraft explain why it is … [Read more...] about Estate Planning for Grandparents of a Grandchild with Special Needs
How Might an Estate End Up in Litigation?
Probate is the legal process typically required after an individual’s death to settle and distribute the decedent’s estate. The probate process can be costly and complicated even without disputes; however, when a dispute turns into litigation, it can wreak havoc with the administration of the estate. The Indianapolis estate planning attorneys at Frank & Kraft explain how an estate might end up in litigation. Probate Basics After the death of an individual, his/her assets must be … [Read more...] about How Might an Estate End Up in Litigation?
Why a Basic Will May Not Be Enough
When most people think about the creation of an estate plan, they think only of the need to execute a Last Will and Testament to ensure that their estate is distributed pursuant to their wishes after death. While that is certainly one aspect of estate planning, a well-thought-out and comprehensive estate plan usually includes more than just a simple Will. The Indianapolis trust attorneys at Frank & Kraft explain why a basic Will may not be enough to achieve all your estate planning … [Read more...] about Why a Basic Will May Not Be Enough
How to Guard Your Child’s Inheritance
From the moment you first learned you were going to be a parent you likely worried about protecting and providing for your child. That need to protect and provide is evident in your estate plan because you want to be sure your child is financially secure if something happens to you while he/she is still young. Simply leaving an inheritance behind for your child isn’t enough though. As the Indianapolis trust attorneys at Frank & Kraft explain, you must decide who you want to guard that … [Read more...] about How to Guard Your Child’s Inheritance
How Can I Incorporate Charitable Gifting into My Estate Plan?
For many people, philanthropy is an important part of their everyday life. If you are one of those people, your charity does not have to end when you are gone. On the contrary, with careful planning, your charitable gifting can continue long past the time of your death. The Indianapolis estate planning attorneys at Frank & Kraft explain how to incorporate charitable gifting strategies and tools into your estate plan. Philanthropy in Your Daily Life Are you someone for whom philanthropy … [Read more...] about How Can I Incorporate Charitable Gifting into My Estate Plan?
LGBTQIA+ Pride Month in Indiana
While members of the LGBTQIA+ community and their supporters have celebrated several important legal victories in recent years (such as the right to marry), there is still work to be done to create true equality. In the meantime, the Indianapolis estate planning attorneys at Frank & Kraft offer suggestions for celebrating LGBTQIA+ Pride Month in Indiana this June. History of LGBTQIA+ Pride Month LGBTQIA+ History Month is celebrated every October while LGBTQIA+ Pride Month takes place … [Read more...] about LGBTQIA+ Pride Month in Indiana
Debunking Estate Planning Myths
Most people recognize the importance of estate planning; however, those same people often fall victim to the numerous and varied myths and misconceptions about estate planning. To help ensure that you, your family, and your assets are protected, the Indianapolis estate planning attorneys at Frank & Kraft debunk some common estate planning myths. “I Don’t Need an Estate Plan Yet” One of the biggest estate planning myths is the idea that you need to reach a certain point in your … [Read more...] about Debunking Estate Planning Myths
Do I Need an Indiana Advance Directive?
While your estate plan should certainly plan for the eventual end of your life, a successful estate plan contemplates numerous situations and scenarios in addition to death that require advance planning. Consequently, a comprehensive estate plan will include several estate planning tools in addition to a basic Last Will and Testament. Among the most popular of these additional tools is an advance directive. The Indianapolis estate planning attorneys at Frank & Kraft offer several reasons to … [Read more...] about Do I Need an Indiana Advance Directive?
