Remember when it was all the rage for families to own lakeside “cottages”? Not only were those the site for big annual get-togethers and reunions, different members of the family would take turns using the cottage for their own vacation getaways. Ownership might pass...
Month: October 2019
Dealing with debt in an estate plan
Most people want to create an estate plan to ensure their loved ones receive assets upon their death. However, there is another type of property most people overlook when developing these estate plans. In some cases, the debt you hold will not go away after death. ...
Understanding the probate process
People often face a myriad of emotions when a close friend or family member passes away. Not only are people forced to deal with an emotional time, but there are a host of issues to take care of involving the deceased’s estate. Depending on the circumstances of the...
Can the Tax Torpedo Affect Your Estate Plan?
While we offer no direct tax advice at Geyer Law, collaborating with our clients’ tax advisors in arriving at a coordinated plan, we’re always alert for threats and opportunities that affect estate planning… They’ve dubbed it the “tax torpedo”, referring to extra...
Estate Planning? Don’t Omit Digital Assets
Estate planning? Don’t forget those digital assets – websites, social media accounts, email accounts, and domain names.
Proactive steps to prevent partnership disputes
Between any two people, no matter how much they agree on, there will be some things they see differently. When those two people are business partners in Indiana, the disagreement could lead to serious issues. As Business News Daily notes, a disagreement may be about...
Who decides your medical care if you cannot?
Your approach to your health care is unique based on your family history, your religious and philosophical beliefs, your personal preferences and even your pain tolerance. Each decision you make likely comes after a discussion with your Indiana doctor where you...
Disabled Enabled Through the ABLE Program
Through ABLEnow accounts, individuals with disabilities can save money to pay for qualified disability expenses. The two unique advantages of ABLEnow accounts are: The earnings are not taxed. The disabled person does not lose eligibility for certain means-tested...
Leaving a Legacy With a Values Imprint
“For many, passing along religious beliefs and values to the next generation is just as important as passing along financial wealth and tangible assets,” South Carolina attorney Bobby Sawyer wisely observes. We agree. In fact, our attorneys at Geyer Law find our...