NORTHWEST INDIANA WILLS AND TRUSTS LAWYER
Client-Focused Estate Planning Services
Our Northwest Indiana law firm provides exceptional quality wills and trusts services. We believe in providing each client with the customized and attentive estate planning legal services he or she deserves.
Please contact us today to arrange your free consultation with one of our experienced wills & trusts attorneys. Our estate planning law firm is extremely client focused, and you will see the difference when you come to the Law Office of Karl E. Hand, P.C., to discuss your probate estate matter.
Last Will and Testament
A “will” is an instrument that disposes of your estate following your death and is an important part of the estate planning process. It allows you to select to whom and in what proportion your possessions will transfer and who will serve as your personal representative to carry out your wishes. 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 (beneficiaries or heirs)
~Offer flexibility to detail specifics – which heirs will receive specific property
~Name a personal representative – the person who will be responsible for administering your estate
~Name a guardian – the person who is to care for your minor children
Trusts can help people gift assets to their heirs, provide tax relief and provide for those who may need special care. Whether you require a revocable trust or irrevocable trust, types of trusts include:
A “living trust” is an arrangement whereby property is transferred from the settlor (person making the trust) to a trustee. Once the trust has been executed, the ownership of your assets must be transferred so that the trust owns them. In most cases, the individual establishing the trust will also serve as trustee. Since you are the trustee, you maintain complete control of your assets. Upon your death or in the event of your inability to continue serving as trustee, the trust provides for a successor trustee to take over the management of the trust. Your living trust is specifically prepared to meet your specific needs.
Contact Us — Lake County Indiana Living Will Lawyers
We represent clients throughout Northwest Indiana, including Lake, Porter, LaPorte, Jasper, St. Joseph and Starke Counties.
|Small Firm Service, Big Results: Call or contact us by e-mail to schedule a no-charge consultation with an estate planning, probate and estate administration attorney at our Schererville law office. We are always available via e-mail and cell phone.|