Category Archives: Estate Planning

Why Hire an Estate planning attorney in New Albany IN

An estate planning attorney in New Albany Indiana can assist you in making arrangements for handling your property after your passing, as well as help you devise an estate plan that protects your assets and wishes for healthcare and other matters in the event you become disabled and are unable to make decisions related to your own care. An estate planning attorney in New Albany Indiana can also advise you as to how to create an effective estate plan that can minimize taxes and fees so that your loved ones and heirs may receive all the property that you intended with the least complications. Estate plans often include wills and trusts, living wills, healthcare directives and general durable powers of... Read More

Deciding the Right Type of Trust with Your Estate Planning Attorney

Being able to establish trust in any sort of relationship is a difficult thing to do, and trust is something that takes time. However, sometimes one must be able to discern whether they can trust a person more quickly, usually within the first meeting. How exactly does anyone find a trustworthy estate planning attorney who practices in New Albany, Indiana, without constantly feeling overwhelmed or feeling like they aren’t sure where to go from where to go from here. It is important to always stay curious and keep an open mind when meeting estate-planning attorneys. You want to make sure that the attorney you are interviewing and considering to hire has experience in the specifics of what you need help... Read More

Estate Planning Tips: Is An Irrevocable Life Insurance Trust For Me?

There are many trusts out there that provide a range of benefits to individuals, but the irrevocable life insurance trust can be a helpful tool as a holding entity. Whether you’re in Kentucky or Indiana, life insurance can provide critical funds to loved ones in a time of need. Life insurance can help replace the lost individual’s salary or wages or provide for bigger needs like a mortgage or college education. Like the foundation of many other trusts, your life insurance policy is technically owned by another entity- the trust. Bear in mind that that term “irrevocable” means that you typically can’t alter the ownership of the policy after it has been handed over to the trust. Used appropriately, an... Read More