When someone passes away, the individual tasked with the duty of wrapping up the final affairs accepts fiduciary duties. This individual becomes responsible for ensuring the execution of the deceased’s person’s wishes. He or she may also need to maintain peace between...
Estates
How to sell a home after the owner dies
When a person dies, he or she may have owned property in Indiana or other states. In some cases, the executor of the estate or the person who becomes the new owner of the property may want to sell it. The process of selling a home after an individual dies depends...
Tips for avoiding estate tax and other threats to assets
Indiana parents who are creating trusts for their children in which they name one of them as trustee may want to also appoint a protector. This is someone, often a sibling, who can step in and take over the trust if there is a threat, such as a lawsuit. A trust can...
Common reasons for estate litigation
Indiana residents may benefit from understanding why some estates wind up the subject of a court battle. Whether you want to avoid it for your loved ones or you find yourself in a contested estate situation, it is helpful knowing common reasons why some estates create...
Things to consider before contesting a will
When the executor of a deceased person’s Indiana estate contacts beneficiaries to begin distributing property according to the directions in the will, the outcome could be surprising. A disappointed family member may believe that the will’s instructions do not reflect...
When may guardianship of an adult end?
If your elderly parent does not have an estate plan in place that includes powers of attorney, health care representatives, advance directives or other end-of-life care plans, he or she may require a guardian. In Indiana, the court appoints a guardian when an...