Who should have copies of your estate planning documents?
When planning your estate, who should have a copies of the documents? Steve Knecht and Randy Vonderheide answer to this commonly asked estate planning question.
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Estate Planning Potholes: Beneficiary Designation
Estate Planning can be a tough road, we discuss one of the common potholes you may encounter on the journey: Beneficiary Designation.
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Avoiding Probate
The key to avoiding probate is making sure that you do not hold title to any assets in your name alone at the time of your death and for those assets where beneficiary designations are permitted, that you in fact name both a primary and a contingent beneficiary.
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How to protect yourself from Uninsured or Underinsured drivers
If you are hit by an uninsured or underinsured driver, you may not be able to be fully paid for your injuries. An uninsured driver is a driver with no insurance coverage at all. An underinsured driver is one with some coverage, but not enough to cover the damage caused by the traffic accident. In Indiana, being hit by uninsured or underinsured driver normally means that there is no or not enough money to fully compensate you for a serious injury.
To prevent this from happening to you, you should carry uninsured/underinsured motorist insurance that provides coverage for a claim against an un...
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Estate Planning Potholes
After a long period of neglect, some of the potholes on my street were finally patched. Hitting an unseen pothole with your car can cause you serious time and money. The same is true of estate planning where neglect can cause serious financial harm to your heirs. However, these potholes can be avoided with careful estate planning.