You may have decided to set up living trust to protect your assets, but what kind of trust best suits your needs? What's the difference between revocable and irrevocable trusts? In this article, we will explore the advantages of an irrevocable trust and when it could be the right option for you. To learn more, contact an Indianapolis [...]
A Medicaid Asset Protection Trust (MAPT) is one tool among many that could prepare you for the future. But is it the right tool for you? Below, we will cover the benefits of a MAPT and why it could be right for you. To learn more, contact an Indianapolis asset protection attorney at Barnes Cadwell Law today. [...]
If you have a small estate, you may be wondering if you can avoid the most difficult aspects of probate. And with small estate probate, you can — Indiana simplified probate allows you to streamline much of the process and escape some of the headache. Contact Barnes Cadwell Law today for more information. What Is Simplified Probate? Simplified [...]
In Indiana, probate can take anything from a few days to well over a year, depending on the complexity of the estate in question. In some cases, you don't even have to worry about probate. So, how long does probate take? The short answer is, it depends on several factors. In this article, we'll cover [...]
If you've had a loved pass away recently, you may be wondering whether or not you will have to go through probate. Probate can be a time-consuming and stressful process. But do all estates have to go through it? When is probate not necessary? Avoiding one more legal procedure during a difficult time of your life can be [...]
When a person dies without a will their property is distributed according to the rules of intestate succession. Intestate succession is basically an algorithm that sets a precedence for the deceased person’s heirs. In this article, we’ll talk about what intestate succession and how it works. What Assets Pass Through Intestate Succession? Any assets that [...]
When your loved one dies they generally leave behind a last will and testament. When they don’t their belongings go into probate without a will. In addition, sometimes the probate court can throw out a contested will. When there is no original will from which to draw, the court will consider the law of intestate [...]
The probate process begins when an individual passes and their will is evaluated by the court. The court supervises the process of dividing their assets, settling their debts, and distributing what is left to their heirs. If the individual has a valid will, then that will be used by the court to distribute assets. If [...]
When a person passes away, their estate goes through the probate court process. This process can be complex and often takes months to complete. If there is no will or someone challenges probate, the process can take more than a year. If you are concerned about the future of your assets and property or have [...]
A living will is part of your overall estate planning. Whether or not someone chooses to have a living will is based on many factors — family, religion, emotion and philosophical beliefs. It is a highly personal decision and a document that may not be for everyone. At Barnes Cadwell Law, we can help you [...]
