Simply put, a revocable trust is used to ensure that your assets are properly distributed at the time of your death. While there are other options to consider, such as a will, there are reasons why more people than ever are creating a revocable trust. As the name suggests, a revocable trust can be altered or canceled at any time. As the person creating the trust, you have the opportunity to make as many changes as you want in the future. This is one of the key advantages as compared to … [Read more...] about Reasons to Create a Revocable Trust
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Five Reasons You Need Incapacity Planning
So, you’ve finally gotten around to creating that Last Will and Testament you’ve been putting off for so long. Maybe you even added a trust or a few other estate planning tools to help deal with various end-of-life and legacy planning challenges. With all of that, your estate plan is finally complete – right? Maybe not. The fact is that you aren’t really protected unless you’ve also included a plan to deal with unforeseen and incapacitating illness or injury too. Here are five very important … [Read more...] about Five Reasons You Need Incapacity Planning
What Do Indianapolis Probate Attorneys Do?
Indianapolis probate attorneys offer comprehensive help throughout the entirety of the probate process. Our legal team can work with those involved in probate proceedings in order to ensure that all those going to probate court make smart choices, fulfill their obligations, and move the probate process along as quickly as possible. Going to court and going through probate is stressful, especially at a time of grief, but a good lawyer can bring knowledge and compassion to the … [Read more...] about What Do Indianapolis Probate Attorneys Do?
The Best Times to Consult with a Medicaid Lawyer
While some people understand the finer details of Medicaid, others don’t know the first thing about this government program. Unfortunately, this means that some people miss out on receiving benefits. Before you do anything, such as applying for Medicaid or consulting with a lawyer, it would be in your best interest to learn more about the program as a whole. Medicaid.gov shares a comprehensive definition of Medicaid: “Medicaid is a joint federal and state program that, together with the … [Read more...] about The Best Times to Consult with a Medicaid Lawyer
Steps to Create a Business Plan
Starting a business is one of the most exciting things you can do. This gives you the flexibility and freedom you’ve been dreaming of for quite some time. Of course, there’s more to this than meets the eye. Unfortunately, just because you start a business it doesn’t mean it will become a big success. Instead, there are many steps you must take in order for this to happen. The steps you take to create a business plan don’t have to be exactly the same as the next person. Even so, you need to … [Read more...] about Steps to Create a Business Plan
Your Medicaid Lawyer and Long-Term Care Eligibility
Most people never give much thought to the likelihood that they’ll one day need nursing home care, so relatively few ever take the opportunity to plan for those expenses. Unfortunately, that can be a tremendous mistake, since the costs associated with long-term care can quickly consume many estates. That, coupled with the fact that most Americans have only modest retirement savings, can make it difficult for many seniors to cover nursing home expenses. That’s why so many seniors rely on Medicaid … [Read more...] about Your Medicaid Lawyer and Long-Term Care Eligibility
5 Ways Indianapolis Elder Law Attorneys Can Help You
Indianapolis elder law attorneys offer many different kinds of assistance in planning ahead to protect your family and autonomy and to ensure financial security in your future. Many people do not realize the full scope of services that an elder law attorney can provide. We don't just help elderly people – despite the name of this field of law – and we don't just help with doing the obvious, like creating a will. We work with you throughout your life to create a comprehensive plan to build … [Read more...] about 5 Ways Indianapolis Elder Law Attorneys Can Help You
Compare the Many Types of Powers of Attorney
Simply put, there are many types of powers of attorney. With this in mind, it’s imperative that you know what type of legal document you can create as you go through the estate planning process. If you believe there is only one type of power of attorney, if you don’t take the time to learn more about your other options, you’ll soon realize that you need to double back and make some changes. With the help of your estate planning attorney, sit down and learn more about the many types of … [Read more...] about Compare the Many Types of Powers of Attorney
Leading Addiction Treatment Now Available for Indiana Medicaid Recipients
Alcohol and drug addiction has long been an issue of concern in America. In recent years, a rising epidemic in opioid abuse has generated new attention for addiction-related issues, as concerned citizens, public health officials, and elected representatives all struggle to come up with solutions to the problem. The issue was even raised in more than one debate during the last election. One issue that has been cited as a common concern in many circles involves access to some of the better … [Read more...] about Leading Addiction Treatment Now Available for Indiana Medicaid Recipients
Protect Your Business Interests with an LLC
Estate planning is a little different for every individual and family. Some can get by with the simplest of plans, focusing on asset distribution when they die and incapacity planning to protect them from a loss of legal decision-making capacity. Others need special tools like trusts, or family limited partnerships to ensure that money stays in the family. If you own a business, you have special interests that need to be safeguarded too. Your personal assets, for example, need to be protected … [Read more...] about Protect Your Business Interests with an LLC
