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?
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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
Why Small Business Owners Need Help with Asset Protection
Small business owners need to ensure that they talk with asset protection lawyers about how they can keep their wealth safe. There are steps that should be taken both to protect personal assets during the course of the business owners life and to ensure that the company can pass seamlessly onto heirs or beneficiaries after the death, disability, or other departure of the business owner. Frank & Kraft can provide personalized advice on the asset protection … [Read more...] about Why Small Business Owners Need Help with Asset Protection
Senior Advocates Form Army of Guardians
An elder law attorney can provide help in choosing a healthcare proxy and in creating a power of attorney so you have a trusted friend or family member who can make decisions on your behalf if you become unable to act of your own accord. Making plans in advance for who will serve as your agent in case of incapacity is important because your agent could end up making life-and-death medical decisions on your behalf. Unfortunately, there are some circumstances where people … [Read more...] about Senior Advocates Form Army of Guardians
Who Should Have a Probate Lawyer
Indianapolis probate attorneys can help to make the probate process when someone has passed away and assets must be transferred in probate court. The probate process can be time consuming and costly, and many people find it to be stressful. This is why so many people make an estate plan to try to avoid the probate process so their heirs or beneficiaries can inherit more quickly outside of court. Unfortunately, if your loved one has passed and plans have not been … [Read more...] about Who Should Have a Probate Lawyer
How Indianapolis Elder Law Attorneys Can Help You Prepare for Retirement
Indianapolis elder law attorneys can provide you with personalized help preparing for retirement. We can assist you in taking steps to get your plans underway early in your career so you can achieve financial security as a senior and be ready to retire when you feel ready to leave the workforce. We can also provide you with assistance when you are nearing retirement to ensure that your affairs are in order and that your nest egg will last throughout your retirement. It … [Read more...] about How Indianapolis Elder Law Attorneys Can Help You Prepare for Retirement
Retirement is Complicated
Many factors go into retirement decisions. This article examines many of those factors, such as where to retire, access to healthcare, income taxation, estate taxation, property taxation, etc. This article includes many links to helpful lists. Retirement is Complicated … [Read more...] about Retirement is Complicated
Basis is Important in Estate Planning
When choosing the direction to take in estate planning, it’s important to consider the impact on income tax basis. This article examines the nature of basis and follows an example from acquisition of property to death and looks how basis is adjusted along the way. Since the property is included at death, the basis receives a step-up to the value of the property at death. Upcoming articles will examine how common estate planning strategies impact income tax basis. Basis is Important in Estate … [Read more...] about Basis is Important in Estate Planning
Treasury Releases New Inflation Adjustment
The new tax law doubled the estate tax exclusion through 2025. This article looks at the exact amount of the new exclusion (it’s not what you thought) and how it might be useful. The article also examines why there’s no reason not to take advantage of the newly-doubled exclusion. Treasury Releases New Inflation Adjustment … [Read more...] about Treasury Releases New Inflation Adjustment
