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
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Planning for the International Client
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
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
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
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
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
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
What Can Indianapolis Estate Planning Attorneys Do To Help Parents of Disabled Children?
Indianapolis estate planning attorneys can provide help to parents whose children are disabled. It is imperative that parents of disabled children have a dedicated and experienced attorney to provide them with help and support in making sure that their children are appropriately cared for throughout the course of their lifetimes. Disabled children often outlive their parents but cannot live independently so provisions must be made for their support and care. There are tools parents can use … [Read more...] about What Can Indianapolis Estate Planning Attorneys Do To Help Parents of Disabled Children?
What are Some Common Reasons People Moving to Nurse Homes?
Indianapolis nursing home attorneys can help people of all ages to prepare in case they require nursing home care and must move into a care facility. While most nursing home residents are seniors, people who become unable to live on their own when they are younger due to illness or injury may also need to move into an institutional living environment where they can get the proper care and receive necessary supportive services. Frank & Kraft will work closely with you … [Read more...] about What are Some Common Reasons People Moving to Nurse Homes?
Why Your Heirs Would Prefer to Inherit via a Living Trust
Living trust lawyers at Frank & Kraft can assist you with determining if a revocable living trust is an estate planning tool that you should use. Many people can benefit from a living trust and you should each out to a compassionate and knowledgeable member of our legal team to find out if trust creation is the right choice for you. While there are a lot of different reasons why you might want to create a living trust, one key reason is that this … [Read more...] about Why Your Heirs Would Prefer to Inherit via a Living Trust
