Estate planning in Indiana involves creating legal documents to manage assets, taxes, and burial arrangements, including wills, durable power of attorney, and healthcare power of attorney. The costs vary based on complexity, with wills typically around $500 and trusts approximately $2,000. Attorney fees range from $150-$350 per hour.
November 21, 2024
Estate planning can be a complex process. Many people avoid it because they don’t want to contemplate the circumstances. However, the purpose of an estate plan is to protect your family. Your family’s future is vital for your loved ones and heirs to have a smooth experience if you become incapacitated or die. Estate planning will ease closing out your estate at one of the more difficult times in their lives.
November 21, 2024
Ensuring the mental competency of the principal who is granting the power is a vital aspect of creating a valid power of attorney in Indiana. The power of attorney document must also be signed in the presence of either a notary public or two witnesses. It is important to note that the agent, successor agent, and any individuals who benefit from or are granted power through the POA, along with their spouses and descendants, are ineligible to serve as witnesses.
September 5, 2024
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