What Is Estate Planning? An estate plan is a set of documents that you create with the help of an estate planning lawyer to protect your personal property and your assets. In these documents, it is explained how you want this property and these assets (your "estate") to be passed on to others. When you [...]
What happens when someone dies without a will? Your estate can become stuck in the probate process, leaving loved ones without access to property or funds you intended for them after you pass away. Creating a will can feel like an overwhelming (and sad) task. However, having a legal will is a smart way to [...]
Less than one-third of American adults have a will. Even among Americans 55 years of age or older, less than half have a legal will or have completed any estate planning. But is this really a problem? How important is it to work with an estate planning attorney in Indianapolis? What happens to your property [...]
For many Americans, partnership no longer needs to be formalized in married. Unmarried couples can live together and share every aspect of their lives without that slip of paper. However, some laws are still antiquated and require strategic estate planning for unmarried couples who wish to provide for one another if one of them passes [...]
When a loved one dies, beneficiaries are often left wondering what they will receive from the estate and when they’ll receive it. It’s a fair question, even in the wake of a close relative’s death. You are entitled to those assets and there’s little doubt that they can help you financially, regardless of your current situation. As [...]
For estate planning purposes, both revocable and irrevocable living trusts are extremely useful. But what is an irrevocable living trust, and when might you need one? What Is an Irrevocable Living Trust? With a revocable living trust, you still maintain control of the assets that are transferred into it. The trust is also still considered part [...]
A revocable living trust is valuable estate planning tool that you can use to transfer assets to your heirs after you pass away. But what is a revocable living trust, and what are the benefits of creating one? How Do Revocable Living Trusts Work? Revocable living trusts are legal entities that hold ownership of your assets. These [...]
What happens if you have questions about the validity of a loved one's will? And how can you go about contesting a will submitted to the court? To learn more about will contests in Indiana, contact Barnes Cadwell Law today. Do You Have Standing to Contest a Will? In order to contest a will, you must show that [...]
When a loved one dies, trying to manage their estate can be a daunting process. If you were named the executor of an estate, you're probably well aware that this is a grave responsibility. But how does probate work in Indiana, and how can a probate attorney help? To learn more about the probate process, contact Barnes [...]
You may have decided to set up living trust to protect your assets, but what kind of trust best suits your needs? What's the difference between revocable and irrevocable trusts? In this article, we will explore the advantages of an irrevocable trust and when it could be the right option for you. To learn more, contact an Indianapolis [...]
