Your estate includes all the property you own, including tangible personal property, intangible property (bank accounts, retirement accounts, insurance, business interest, investments, etc.), as well as real property. Because real estate is an illiquid asset, it’s...
Month: August 2019
Estate planning and natural disasters
Natural disasters take many forms, from tornados and hurricanes which bring heavy winds and destruction to blizzards, ice storms and wildfires. These disasters can be very disruptive and have a significant impact on the lives of many people in a particular area,...
Selecting an entity for your business
The legal structure of your business shapes your professional journey. While you can change your entity in the future, it is best to get it right the first time to avoid legal and financial complications. There are various structures, and each comes with its benefits...
Estate Planning? Don’t Forget to Consider Spousal Social Security Benefits
When a spouse dies, their Social Security benefits may become available to their current - or former - marital partner, Dana Anspack of thebalance.com explains, adding that spousal benefits can be available to: widowed spouses ex-spouses current spouses How does the...
Disability Insurance is Very Much a Part of Estate Planning
Disability insurance is very much a part in estate planning, as well as in business formation.
What are the requirements for creating a will in Indiana?
You can create a will in Indiana to accomplish the following tasks and goals: Leave your assets to the people or entities of your choice. Designate an executor to carry out your will and manage your estate. Name a guardian to provide care for your children. But you...
When it Comes to Guardianships, It’s Important to Have a Clue
Guardianships are complicated and expensive, but if certain estate planning tools are not set up, there may be no other option.