"When you create an irrevocable trust you are creating a document you cannot change easily, and the property you transfer to the trust is no longer in your control," Daniel Timins writes in Kiplingercom. There are only three possible reasons anyone would part with...
Hoosier Estate Planner
When Sibling Rivalry Meets Estate Planning, It Can Be Complicated
Sibling disputes often arise after parents have died, often resulting in expensive legal actions. Planning and family conferences can help avoid conflicts.
“I Haven’t Really Thought About It” Isn’t Going to Cut It
Long Term Care planning is essential as the cost of Long Term Care insurance rises and the cost of long term care itself skyrockets…
Two Options for Seniors Who Need the Oxygen Mask for Themselves
In a Caring.com survey, 42% of respondents without wills blamed simple procrastination; 35% said they didn’t have enough assets to bother writing one; 15% said they didn’t know how to proceed; and 14% said the process was too expensive, a usatoday.com article informs...
Protecting What’s Yours So It Can Be Sure To Be Theirs
Trusts protect what’s yours, so it can belong to your intended heirs and not be lost through creditors or divorce.
Estate Planning for Nearlyweds
Couples who are not married need to protect their decisions when it comes to both healthcare and money decisions.
Corporate Transparency Act
If you’re in business, you need to know about the new reporting requirements of the Corporate Transparency Act.
Possibly Beneficial Beneficiary Ploy
Roth conversions, charitable planning, and beneficiary designations are all considered in an effective overall estate plan.
Make these estate planning tasks a priority
There are many Indiana residents who are hesitant when it comes to discussing mortality. Some are afraid to die. Others would rather not think about the inevitability of death. However, neither fear nor avoidance can keep death at bay; it is a certainty in life. For...
Charitable Remainder Unitrusts Deal With the Now and the Later On
Charitable Remainder Unitrusts offer tax benefits to the donor. More important – a CRT helps with the now and the later.