In estate planning, divorce planning, and business succession planning, life insurance plays a key role.
Month: July 2019
Will Medicare cover all your medical needs?
When you reach a certain age in Indiana, you become eligible for the government insurance Medicare. Medicare helps to offset some of your medical expenses to make health care more affordable. Since older individuals tend to require more healthcare than younger people,...
Top Considerations When Naming Guardians for Children
“While the choice of a child’s legal guardian is highly personal, there are some considerations that everyone should think about,” Michelle Kaminsky, Esq. cautions in legalzoom.com. The surviving parent will have first right to custody after the other dies, so, if...
What changes should prompt a change to an estate plan?
Once you have your will or estate plan in place according to Indiana law, you should not just forget about it. There is a certain peace that comes from knowing your assets and family are taken care of after you pass on, but according to FindLaw, you should still...
Even Absent a Second Marriage, Divorce Dictates an Estate Plan Re-Do
“Divorce is not easy. It’s not only a difficult time emotionally, but you also have a lot to do and many decisions to make,” Christine Fletcher cautions in Forbes. The problem, as John J. Scroggins laments in the Journal of Estate and Tax Planning - “Most divorces...
For LGBTQ Couples, Trusts Might Trump Wills
For LGBTQ couples, trusts offer more flexibility and safety than wills.
BuySell Agreement – Key to Every Business Owner’s Estate Plan
Business Buy-Sell agreements are an integral part of estate planning for business owners.
Who should you choose as executor of your estate?
As Indiana families and individuals work to prepare for the future, an estate plan or will is often a big part of this. Whether you are young or old, there are benefits to creating an estate plan. This helps care for any minor children you have in the event of your...
The rising interest in prenuptial agreements
Reserving a wedding venue, hiring the caterers, organizing flower arrangements…and signing a prenup? Usually characterized as unromantic or a negative sign for the quality or longevity of a marriage, the prenuptial agreement has seen a surge in popularity in the last...