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A home may be among a person’s most valuable assets, but its mortgage does not end with a person’s death. Mortgage debt may impact inheritances and the homeowner’s estate. Mortgage remains A mortgage is a lien on the property that remains until the loan is repaid,...
Digital assets are any online accounts or files that a person owns or controls, such as email, social media, cloud storage, cryptocurrency, etc. Digital assets may have sentimental or financial value, and they may also contain personal or confidential information....
When people in Indiana finally get their estate plans in place, they probably feel a sense of accomplishment. And they should—thinking through an estate plan and getting it all set up can be difficult work for some people, although it doesn’t always have to be. And,...
Sometimes a parent is no longer able to care for a child or person with special needs due to terminal illness or disability and wants to transfer custody to a trusted loved one. The parent can choose someone to serve as a standby guardian to care for the child when...
When you are appointed as an executor to administer an estate in Indiana, you have many responsibilities. You must distribute assets, pay debts, take care of any tax matters and handle any other tasks associated with closing out the estate. Your first step is...
Many people in Indiana who are thinking about estate planning are concerned about their children and other loved ones who rely on them. This is a primary reason why a comprehensive estate plan is necessary. It can also be an issue if a person is caring for an...
Many people in Indiana probably have had little to no exposure to probate court in their lives. As a result, the entire concept of “probate” can seem a bit mysterious. So, what is “probate” and why should you be concerned about it? In short, “probate” is the process...
Readers of this blog know that we discuss guardianships regularly. And, we recently discussed child guardianships and when you should add them to your estate plan. In this post, we will focus on how to pick a Mooresville, Indiana, guardian. Guardianship For context, a...
In our state, adult guardians and guardianships refer to a designated person or entity who is appointed by a court, usually a family court, who is responsible for the care and supervision of an adult. They can also be appointed to care for that person’s Mooresville,...
After a person has died and their will is set to go to probate, it does not always mean the process will be smooth. For Indiana residents who are preparing their estate planning documents and those who are set to serve as their executor and moving forward with...