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Blog

The Importance of Indianapolis Pet Planning

July 31, 2018Pet Planning

Indiana pet planning

Indianapolis pet planning is very important if you are a pet owner. Your animals depend upon you for their safety and their security, just as other family members do. You owe it to your pets to make sure that they are safe and provided for if something should happen to you and you become unable to care for them.  Frank & Kraft can provide you with assistance with the Indianapolis pet planning process. We can help you to make a pet plan as part of a comprehensive estate plan that … [Read more...] about The Importance of Indianapolis Pet Planning

What Are the Benefits of Investing in an IRA for Retirement?

July 26, 2018Retirement Planning

Indianapolis elder law attorney

An Indianapolis elder law attorney can provide you with help in making plans for the most secure retirement possible. Many people are scared that they will not have enough income for retirement, and rightly so. Social Security does not provide enough money to live on, and far too few people approaching retirement have too little savings. That is why it is so important for you to make advanced plans and work with an Indianapolis elder law attorney throughout your life to create a comprehensive … [Read more...] about What Are the Benefits of Investing in an IRA for Retirement?

Do You have to Go to Court During the Indianapolis Trust Administration Process?

July 24, 2018Trust in Indianapolis

Indianapolis estate planning lawyers

The Indianapolis trust administration process is a process by which assets can transfer after the death of their owner. In most situations, it is possible to entirely avoid the probate process if you create a comprehensive estate plan that includes a trust and that allows assets to transfer through trust administration. This is a major benefit for many reasons, including the fact that avoiding probate can save money and time. Avoiding probate can also allow you to avoid going … [Read more...] about Do You have to Go to Court During the Indianapolis Trust Administration Process?

6 Important Estate Planning Considerations – Part 4: Beneficiary Designations

July 19, 2018Estate Planning, Legal Education

Beneficiary designations can be a simple way to pass assets at death. While beneficiary designations avoid probate, they may introduce other problems. This article shows how a revocable trust can provide a more flexible way to achieve a client’s goals. 6 Important Estate Planning Considerations – Part 4: Beneficiary Designations … [Read more...] about 6 Important Estate Planning Considerations – Part 4: Beneficiary Designations

Planning for the International Client

July 17, 2018Estate Planning, Legal Education

Estate planning for the international client can be tricky. This article looks at the estate tax treatment of U.S. citizens and non-resident aliens. The article then looks at an example of someone who lived in the U.S. and then departed. Planning for the International Client … [Read more...] about Planning for the International Client

Planning for the Unexpected

July 12, 2018Estate Planning, Legal Education

This article examines the death of Charlotte Fox, one of the most famous mount climbers ever, who fell down her stairs at home. You never know what risks might be around the corner, so you should be prepared. The article looks at the elements of a basic plan. Planning for the Unexpected … [Read more...] about Planning for the Unexpected

6 Important Estate Planning Considerations – Part 6: Taxes

July 10, 2018Estate Planning, Legal Education

An estate plan considers many important aspects. One of the many aspects to consider is the impact of taxes. This article examines some of the many ways consideration of taxes might impact an estate plan. 6 Important Estate Planning Considerations – Part 6: Taxes … [Read more...] about 6 Important Estate Planning Considerations – Part 6: Taxes

6 Important Estate Planning Considerations – Part 3: Your Kids

July 5, 2018Estate Planning, Legal Education

An estate plan considers not just to whom assets should go, but also how. Each beneficiary is unique and the estate plan should consider their unique situation. This article looks at a couple with three very different children and how they might leave the assets for them in three very different ways. 6 Important Estate Planning Considerations – Part 3: Your Kids … [Read more...] about 6 Important Estate Planning Considerations – Part 3: Your Kids

Estate Planning is Too Important to Procrastinate

July 3, 2018Estate Planning, Legal Education

Only 44% of Americans have even a simple Will. We procrastinate for several reasons. Learn those reasons and how to push past them. Learn, briefly, why planning is important. Estate Planning is Too Important to Procrastinate … [Read more...] about Estate Planning is Too Important to Procrastinate

Benefits of a Simple Probate Avoidance Trust

June 28, 2018Probate

simple probate avoidance trust

A simple probate avoidance trust is a trust that an elder law attorney can help you to create so you are able to facilitate the transfer of your assets outside of the probate process. Many people could benefit from the creation of this type of trust, so don't assume that a trust won't help you unless you have a ton of wealth to pass down to heirs or beneficiaries. Frank & Kraft can provide you with guidance on whether a simple probate avoidance trust would be a useful tool … [Read more...] about Benefits of a Simple Probate Avoidance Trust

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