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Estate Planning

ESTATE PLANNING LAWYER - WILL & TRUST LAWYER - LAKE COUNTY - HIGHLAND INDIANA

At The Law Offices of Karl E. Hand, P.C. we use the estate planning process to be a plan. This plan is for your life's work, spouse or loved ones, your children, and the distribution of your assets. Throughout the estate planning process, we listen and aim to address any wishes, situations or concerns you may have. We customize an estate plan to meet your individual need and situation based on your wishes.

WILLS

The creation of a will, also called a last will and testament, is an important part of the estate planning process. Creating a will can help protect your estate and ensure that your loved ones are properly taken care of.

A will is designed to:

  • Protect assets after death
  • Distribute your estate based on your wishes
  • Name the people to whom your assets will pass to (beneficiaries or heirs)
  • Offers flexibility to detail specifics – which heirs will receive specific property
  • Name an executor – this is the person that will be responsible for administering your estate
  • Name a guardian – person who is to care for your minor children

Estate Planning & Trusts

  • Living Trust Estate Plans - We create your living trust portfolio. This is tailored to meet your specific needs and includes documents such as a living trust, will and power of attorney.
  • Estate and Gift Tax Planning - We look at methods to mitigate the effect of taxes. We will discuss your tax situation and advise you on the ways for you and your heirs to pay less in taxes were possible.
  • Guardianships - We can help establish guardianships for people who have been disabled. A guardian can also be appointed to help male choices and decisions regarding health care and finances.
  • Special Needs Trusts - We will help establish a special need trust for people who receive government benefits like supplemental security income, Medicaid, and other public aid. It is also possible for special needs person to qualify to receive financial gifts without compromising any benefits.
  • Business formation and continuity planning - a business plan should also include a succession plan. This plan will provide directives in the event of death, retirement, illness or disability of the business's owner(s).

Contact Us Today!

We represent clients throughout northwest Indiana, including Highland, Hammond, Merrillville and the communities throughout Lake and Porter County.

Call 219-961-2040, or contact us by e-mail to schedule a no charge consultation with an estate planning attorney at our Highland law office. We are always available via e-mail and cell phone.

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