Estate Administration
Navigating Estate Administration
Estate administration can seem overwhelming, but understanding the process can significantlyease the burden during a difficult time. Our team recognizes the importance of guiding familiesthrough these complexities with compassion and expertise. This type of administration involves managing a deceased person’s assets, paying debts, anddistributing the remaining property according to the will or state law if…
Read MoreIndiana’s Intestate Succession
Have you said or have you heard someone else say something like, “When I die, all of my assets will go to my spouse and then my children, so I don’t need to worry about doing a will.” This is a very common misconception. And it can lead to confusion, disagreements, costs, and ultimately that…
Read MoreWhat does it mean to be a Trustee of a Trust in Indiana
A trustee is a fiduciary which means “A person who is required to act for the benefit of another person on all matters within the scope of their relationship; one who owes to another the duties of good faith, trust, confidence, and candor. One who must exercise a high standard of care in managing another’s…
Read MoreWhat is Devolution
Devolution is the transfer of a person’s assets (i.e., real estate, bank accounts, retirement accounts, or any other property a person owns) to his/her/their heirs as a matter of law upon a person’s death. Indiana’s devolution is found under I.C. § 29-1-7-23(a): “When a person dies, the person’s real and personal property passes to persons…
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