Category: Estate Planning

Caregiver Contracts: A Growing Planning Trend for Families

Many people are willing to voluntarily care for a parent or loved one without any promise of compensation. Even so, a growing number of people are entering into caregiver contracts (also called personal service or personal care agreements) with their family members. Having such a contract has many benefits. It rewards the family member doing […]

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Four Provisions People Forget to Include in Their Estate Plan

Even if you’ve created an estate plan, are you sure you included everything you need to? There are certain provisions that people often forget to put in a will or estate plan that can have a big impact on your family. Alternate Beneficiaries One of the most important things your estate plan should include is […]

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Execute a Power of Attorney before It’s Too Late

A durable power of attorney is an extremely important estate planning tool, even more important than a will in many cases.  This crucial document allows a person you appoint — your “attorney-in-fact” or “agent” — to act in place of you — the “principal” — for financial purposes when and if you ever become incapacitated […]

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Do I Need a Trust?

“Do I need a trust?” This is a common question posed by clients, especially regarding a revocable trust.  Clients are often surprised to learn that few persons need a trust in their estate plan.  Circumstances do arise that require a trust, but often clients asking this question do not need a trust.  The client may […]

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Exercise Your Right to Decide Your Future Health Care with Appropriate Advance Directives

It is our experience that health care advance directives are given the least amount of thought when compared to other documents in the estate plan.  However, advance directives are arguably the most important estate planning documents.  An individual may be of limited means, but still may find himself incapable of making medical decisions.   Consequently, even […]

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Indiana Power of Attorney Statute Now Includes Authority over Digital Property

An attorney-in-fact is someone you appoint to make decisions on your behalf, either immediately or at a point when you are unable to make your own decisions. The attorney-in-fact is appointed through a legal document typically entitled a “Power of Attorney.” This document can be broad or limited and can include both financial authority and […]

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