Estate planning can help secure your future. It can also ensure the distribution of your assets according to your wishes. In Indiana, where regulations and circumstances may change, reviewing your estate plan every year is important. Changes in laws and regulations...
Wills And Estate Planning
What kind of person should you choose as your executor?
When it comes to preparing for the future, creating a will is a responsible step. A serious decision in this process is choosing someone who will carry out your wishes after you are gone. Selecting the right person to be your executor requires careful consideration of...
3 ways to handle estate planning for a loved one with dementia
With so many different facets that come with estate planning, it is not always easy to approach the subject with an elderly loved one; however, the situation may become even more complicated when he or she receives a dementia or Alzheimer's diagnosis. The National...
Looking at special needs trusts
If you are thinking about setting up an estate plan, you have many different factors to go over. Whether you want to help your loved one set up an estate plan or you want to create a will or trust on your own behalf, you need to think about unique financial...
What are the 2 types of power of attorney?
Whether you are old enough to retire or young enough to begin your first career, you can benefit from two types of power of attorney (POA) documents. A POA takes over when you are suddenly unable to manage your health care or financial responsibilities. Power of...
What are some tips for ensuring my estate is solid?
While you may take a lot of care putting together your estate plan and expect everything to run smoothly after your death, issues can still happen. It is important that you think about potential issues and then create your estate plan to avoid them. Luckily, there are...
What is the difference between a will and a trust?
Advance Capital Management reported that 27% of adults have not discussed estate planning with their family and lack a will or trust. For some people, not understanding the process of what they may need could hold them back from proper planning. Two primary options...
What steps may people miss in estate planning?
Estate planning is a process that involves more than just drafting a will. While you recognize the importance of this legal task, there are often key steps that you may not think of. These are some commonly missed aspects of estate planning that can make a significant...
What to include in an estate plan
Would it surprise you to know that only approximately 33% of adults in the US have estate plans? In addition, 60% of those without estate plans have not and do not have plans to start the process. However, a strong estate plan helps to ensure your asset transfer after...
What is a health care representative?
Few matters are more intimate and personal than health. After all, not only can health be uncomfortable to discuss, but most individuals have some strong decisions about how they want doctors to treat them. Moreover, most Americans want to maintain as much control as...