A recent trip to the Clabber Girl museum and restaurant in Terre Haute, Indiana reminded me just how fine an example the Hulman family is of succession and estate planning gone right. “The 100th running of the Indianapolis 500 brings inevitable questions about the...
There’s nothing like a true story when it comes to teaching a lesson, we believe, and a recent case that reached the Indiana Court of Appeals is a good example. If only the father in the story had executed a will spelling out his wishes, there probably would have been...
“Has a long term care insurance policy been put into place?” At Geyer & Associates, we know the answer to that question is going to make a big difference in our clients’ overall estate planning. “While most Americans don’t believe they’ll need long term care,”...
Married couples had better learn their alphabet as they create estate plans designed to keep assets in the family and away from the tax man. Alphabet-savvy trust planning is particularly important if spouses have different sets of final beneficiaries in mind. Many...
There’s a reason why, as far back as 2013, TV stations, including WTHR in Indianapolis, were warning their viewers of senior scams. (The Federal Trade Commission Consumer Sentinel network database contained almost 124,000 individual consumer complaints that year alone...
“Times have changed. Make sure your planning has changed, too,” New Jersey estate planner Martin Shenkman advises financial planners. Estate planning, Shenkman says, is much too often built upon assumptions that may no longer be true. Charitable giving What continues...
Indiana passed the adoption of the Uniform Fiduciary Access to Digital Assets Act (UFADAA) in its 2016 legislative session. “The UFADAA does not create new law insomuch as it mends a large gap that prohibits fiduciaries from doing their legally mandated job,”...
While there’s little doubt that a will is one of the basic building blocks in an estate plan, few people are aware that “last wills and testaments” come in more than one form. “The will that most people think of, called a simple will, is a legal documents that...
“Those who seek to replace proper professional advice with a do-it-yourself online documents in complex fields like estate planning should understand the effects of their actions. One should bear in mind that even those with fairly sophisticated skills think twice...
“You keep all your fundamental civil or human rights and liberties when you are admitted to a nursing home,” explains the Indiana State Department of Health. Basic rights include: the right to be treated with respect and dignity in recognition of your individuality...
