Wills Trusts & Estate Planning
Termination/Expiration of a Power of Attorney
In Indiana a “power of attorney” means a writing or other record that grants authority to an attorney in fact or agent to act in place of a principal. (I.C. 30-5-2-7) Clients will often want to know when a power of attorney terminates. There are several events which will cause a power of attorney to…
Read MoreESTATE PLANNING AND REVOCATION OF PREMARITAL AGREEMENTS
In Indiana, generally, the property that two individuals bring into the marriage or acquire during the marriage is property subject to division at the time of divorce. The use of a premarital or prenuptial agreement can be used by parties to prevent this. Premarital agreements are legal contacts which are entered into prior to marriage…
Read MoreBankruptcy Options In The Age Of Coronavirus
If you are currently unemployed due to the national coronavirus pandemic and have bills coming due, you may need to consider your consumer bankruptcy options under Chapters 7 or 13 of the Bankruptcy Code. In recent reports, worldwide, households now have $12 trillion more in debt than during the financial crisis of 2008. We are…
Read MoreWhat is a Miller’s Trust
You may have heard from a friend about needing a “Miller’s Trust” or you may have come across a “Miller’s Trust” while researching the type of legal documents one may need when getting older. It is not important how you first heard of a “Miller’s Trust” but it is important for you to understand whether…
Read MoreIndiana’s Healthcare Consent Statute
Prior to July 1, 2018, Indiana was a “healthcare by committee” state – any number of people could act on a person’s behalf when they were adjudged to be incompetent. The circumstances sometimes resulted in confusion as to who may speak for the incompetent patient. Indiana law now specifies a priority order for people who…
Read MoreAvoiding Taxes and Expenses When You Die
As the saying goes, there are only two things in life that are certain: death and taxes. While no one can avoid death, most people wish to avoid, as much as possible, the taxes and expenses that may result from their death. As of January 1, 2013, the Indiana legislature repealed the state’s inheritance tax. …
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