Stretching is very important, Health Fitness Revolution reminds us. Stretching decreases the risk of injury, improves our energy levels, even encourages an optimistic outlook. The primary reason stretching is so vital is that it is important for flexibility. In the...
Hoosier Estate Planner
Co-Signing Someone Else’s Loan May Not Be the Smartest Estate Plan
“Here’s some good money advice: Don’t cosign someone else’s loan,” writes Jean Chatzky in the AARP Magazine. Chatzky cites a new survey from CreditCards.com showing that: 38% of cosigners lost money because the primary borrower defaulted 28% saw their own credit score...
Probate or Non-Probate Assets? Both May Be Included in an Estate
The executor of an estate has to write up an inventory listing all of the assets she’s dealing with in settling that person’s affairs. But that list does not necessarily include all the assets the person owned before death. The executor is responsible for accounting...
“Not So Fast!” is the Court’s Message to Heirs
“The administration of an estate operates on the same principle that applied while the testator was alive: A person must first attend to his owns debts and expenses before he can give away what is left,” Alexander A. Bove, Jr., explains in The Complete Book of Wills,...
To Insure or Not to Insure – That is the Questiion
“Long term care is generally defined as hands-on assistance provided for an extended period of time to people who can’t take care of themselves due to a prolonged disability, illness or cognitive impairment such as Alzheimer’s disease,” AARP explains. As elder law...
2016 Law Helps Address the 10 Reasons Families Fight About Senior Care
Jeff Anderson, writing in aplaceformom.com, lists ten reasons families members have tended to fight among themselves about senior care issues: Siblings view parents’ needs differently Parents resist care Family members regress to earlier roles and past issues...
Elder Law: Family Caregivers Advise, Record, and Enable
Until this year, Indiana was ranked at the bottom of all states for support of family caregivers, but the CARE Act, a law that went into effect January 1, 2016, now provides better assistance for the 1.3 million Hoosiers who care for loved ones. The acronym CARE...
Families Face End of Year Deadline for Business Transfers
Not every family member who owns a business intends to pass that business on to other family members. But for high-net-worth families who are over the estate tax thresholds, just a few months remain to engage in transfer planning before some new, stricter, Treasury...
Help! I’ve Just Become an Heir!
“Contrary to popular belief, the estate attorney handling the estate represents only his or her client, who is the executor of that estate….” Therefore, he or she is under no obligation to provide advice to any of the heirs as to their legal rights, Inheritance...
What-If Business Succession Strategies
“Indiana is a state where entrepreneurs see promising developments,” writes Adam Uziolko in Business News Daily. In fact, Indiana has more than 450,000 small businesses. Owners of closely held businesses have special needs. The problem is, however, that too often...

