Estate Planning and Administration in Indianapolis
Estate Planning is for Everyone
There are many misconceptions about estate planning. Individuals often put off the task because they’re too young, too poor or too busy. While it is true that many older, wealthier individuals think about estate planning the most, it’s important for everyone to consider this option.
Regardless of age or social status, you have an estate. Your estate is your property, your bank accounts and investments, your personal belongings and insurance. Estate planning is important because everyone has an estate, and without the proper documentation, it will be turned over to the State.
More Than Wills and Trusts
Planning your estate is more than writing out wills and trusts. Although wills and trusts are often the first steps in estate planning, there is much more associated with the task. Estate planning involves declaring guardians for any minor children, leaving care instructions in the event that you’re in an accident and become disabled, establishing a life insurance policy and minimizing taxes, court costs and excess legal fees. Although this can seem complicated at first, it doesn’t have to be. Call today.
Plan for the Future
Without an estate plan, the State court controls the fate of your belongings and investments. And this doesn’t just apply after you pass away. Even if you are disabled and have become unable to conduct business as usual, the State will appoint someone to act in your name. You and your family would have little to no say.
They’d like you to think that you don’t have a choice in the matter, but you do. You can choose what to do with your estate. Call today and begin planning your estate, or visit during office hours and request a consultation.
Contact Timothy J. Wagner, Attorney at Law today and get legal estate planning assistance. Protect the people and things you love.