If you’re like most people, you work hard to provide for your loved ones, and dream of retiring and then one day leaving behind a worthwhile legacy for your children and other heirs. Chances are, though, that there are times when you wonder whether you’ve worked hard enough to protect that legacy and ensure that it gets passed on as you intend. There’s good reason for that concern, since a lack of proper planning could leave your heirs with far less than you think. That’s why you need to plan … [Read more...] about Your Estate: Planning Ahead for Probate Court in Indianapolis
Blog
The Power of Attorney: Your Best Incapacity Protection
Most people go through life without ever considering the possibility that they might one day lose the ability to make even the simplest financial or medical decisions. Even many of those who do bother to make out a Last Will and Testament often neglect incapacity planning. The fact is that most of us either don’t believe that such things will ever happen to us or put off planning for it until it’s far too late. That can have disastrous consequences - not only for our own well-being, but for that … [Read more...] about The Power of Attorney: Your Best Incapacity Protection
Learn How an Indianapolis Medicaid Attorney Can Help with Your Elder Law Needs
The senior years are filled with many surprises, but few offer more of a challenge than the evolving legal needs we all face as we get older. Along with the physical and mental changes that typically accompany the aging process, seniors often face a whole host of legal issues that are specific to their age group. These can include everything from incapacity and end-of-life concerns to abuse and neglect. One issue often rises above all others, however: finding a way to pay for the high costs … [Read more...] about Learn How an Indianapolis Medicaid Attorney Can Help with Your Elder Law Needs
How to Know if Estate Planning Trusts Are Right for You
If you hear the words “estate planning” and associate the term with dying, you’re certainly not alone. Most people think that an estate plan is all about their death and how their assets get distributed when they pass away. In reality, though, effective estate planning is about how you control your assets – both during life and after your life is over. Because the Last Will and Testament deals with post-death concerns, there has been growing interest in other estate planning tools such as the … [Read more...] about How to Know if Estate Planning Trusts Are Right for You
Estate Planning for Your Business: The LLC Corporate Structure
If you’re an adult in the United States, it’s a given that you’re at least somewhat familiar with corporations. And there’s a pretty good chance that you’ve seen at least one business name that had the LLC designation after it – indicating that the enterprise is organized as a Limited Liability Company. For the last two decades in Indiana, the LLC structure has been used by businesses in the state to protect owners’ personal assets from liability that their companies might incur. What you may … [Read more...] about Estate Planning for Your Business: The LLC Corporate Structure
How Strategic Business Planning Impacts Your Estate Plan
For many individuals, estate planning tends to focus on just a few central concerns. Many people are looking for a way to provide an easy transfer of assets when they die, a reduction in tax obligations, and protection to provide continuity of decision-making in case they ever find themselves incapacitated for any reason. To deal with these concerns, estate plans rely on a variety of different tools like wills, trusts, and powers of attorney. However, those plans can be disrupted if your … [Read more...] about How Strategic Business Planning Impacts Your Estate Plan
As Indiana’s Uninsured Rate Falls, Will You Be Covered When You Need It Most?
Indiana residents have enjoyed a reduction in the number of people lacking health insurance coverage, thanks to provisions of the Affordable Act and the state’s decision to expand its Medicaid program in 2015. Thus far, federal estimates indicate that the number of uninsured residents has fallen roughly 30%, and stood at 9.6% at the end of 2015. That’s a noteworthy accomplishment, though many correctly note that the state still lags behind the nation in this effort. A Late Start Indiana … [Read more...] about As Indiana’s Uninsured Rate Falls, Will You Be Covered When You Need It Most?
Protecting Seniors’ Interests with an Elder Law Attorney in Indianapolis
If you only paid attention to the sheer volume of laws that our society has passed in an attempt to protect the interests of older Americans, then it might be easy to assume that those interests could never be at serious risk. Unfortunately, those laws are only useful if they are used, and many of them are too complex for seniors and their families to navigate on their own. And when average Americans try to navigate the many laws and regulations that are currently on the books, it is all too … [Read more...] about Protecting Seniors’ Interests with an Elder Law Attorney in Indianapolis
Four Asset Protection Strategies You Need to Consider
For most people in America, asset protection probably doesn’t seem all that important. And even in cases where the average person might be a little concerned about the possibility of sued, insurance plans are usually the first option that comes to mind. If you have any real estate, stocks, inheritance, or other source of wealth, however, insurance may not be enough to provide the protection your assets need. Moreover, insurance cannot protect you against future creditors, help you someday … [Read more...] about Four Asset Protection Strategies You Need to Consider
Three Unbeatable Advantages of Revocable Trusts
So, you’re finally ready to get serious about your estate planning, and one of your close friends suggests that you look into getting a living trust. The problem is that you haven’t really heard all that much about what a trust can accomplish for someone in your situation, so the idea seems a little odd. After all, aren’t trusts just for wealthy people? How could you possibly benefit from some complex legal arrangement? As it turns out, trusts have come a long way since those days when they were … [Read more...] about Three Unbeatable Advantages of Revocable Trusts
