Is my inheritance subject to tax? For most of our clients, the answer to this question is generally “no.” However, it is helpful to know the...
Estate Planning
How to Fix a Required Minimum Distribution Mistake
The rules around required minimum distributions are confusing, and it’s easy to slip up. Fortunately, if you do make a mistake, there are steps you...
Protecting the Family Farm from Long Term Care Costs
The Family Farm In eastern Indiana, situated along the east fork of the Whitewater River sits a farm. It is of modest size by today’s standards...
The Search for a Lost Legacy
Tales of Ye Olde Blacksmith Shop, the Search for a Lost Legacy Perhaps it is now a winery or houses a craft distillery. Maybe it houses a produce...
When to Avoid Naming a Trust as Beneficiary of Your Retirement Plan
Naming a trust as a beneficiary of your retirement plan can be a good idea in some circumstances, but it can be dangerous if you have potential...
More Than a Will
Do I need more than a will? Many people believe that if they have a will, their estate planning is complete, but there is much more to a solid...
Using 529 Plans for Medicaid Planning
The use of 529 plans, named for Section 529 of the Internal Revenue Code, have been a popular way to reduce an individual’s taxable estate; save for...
Why Not Just Use an Off-the-Shelf Power of Attorney Form?
Power of Attorney A durable power of attorney is one of the most important estate planning documents you can have. It allows you to appoint someone...
Four Reasons Not to Leave Your Disabled Child’s “Inheritance” to your Non-Disabled Child
John and Nancy have two children, Michael and Maria. Maria is disabled and receives a number of public benefits to support her care needs. John...
Estate Planning to Protect Assets from Long Term Care Costs
Estate Planning to Protect Assets from Long Term Care Costs The tightening of public benefits eligibility rules favor those with time to plan. If...