A will is the foundation of your estate plan. This document outlines how you want to divide your assets when you die, but many people do not have this basic estate planning document. According to Forbes, more than half of Americans over the age of 55 have not made a...
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4 ways to divide your valuables among your children
Distributing your personal possessions to your children is a challenging part of settling an estate, even more so than sharing your money assets. You have to think about who will get items such as your furniture, dishes, jewelry, artwork, pictures, silverware or...
Avoid these common estate-planning errors when remarrying
When you entered into your first Indiana marriage, you may have given your husband or wife a prominent role in any estate plans you had. You may have decided to make your then-spouse the beneficiary of your assets, retirement accounts and life insurance policies. You...
How do I help my parents with estate planning?
If you are like many adults, your parents have always been your rock. During your childhood, they were strong, independent and in control. However, as your parents age, they may become dependent on you in many ways. Helping to care for your parents can be rewarding...
What happens during probate?
After your death, probate will occur in a specialized civil court, states the Indiana Judicial Branch. The probate process encompasses identifying and inventorying your property, proving that your will is valid, appraising your property, paying off your debts and...
Should you write your own will or hire an attorney?
When it comes to drafting your will, there are many options in Indiana. Online options alone are vast and provide you with many choices to do it yourself without legal assistance. While this may seem tempting, it may not be in your best interest to write your own...