Estate Planning Attorneys In Central Indiana

Planning for what will happen to your estate after your death is a necessary part of life. Making legal arrangements that express your wishes for your finances and your dependents protects your family from hardship.

At Terry Legal Group, LLC, we help individuals and families craft personalized and effective estate plans using wills, trusts, advanced directives and powers of attorney. Our attorneys understand the sensitivity of the estate planning process and offer clients professionalism and compassion.

The Benefits Of A Will

A will is a legal document that organizes and optimizes your finances and your wishes for your descendants and loved ones. Wills have numerous benefits, including:

• Easing your conscience knowing that your family, and especially any minor children, will be taken care of when you are gone.
• Letting your family know what your true intentions really are.
• Ensuring that your legal rights are fully protected.

Our attorneys draft clear and legally sound wills that reflect your specific wishes and protect your family’s interests.

Living Wills/DNRs/Advanced Directives

An advanced directive and a living will are legal documents that order physicians and caretakers to follow your specific wishes when you become incapacitated with little or no hope of a meaningful recovery. Living wills, advanced directives, physician orders for scope of treatment (POST) and do-not-resuscitate orders (DNRs) are all examples of advance healthcare directives. These documents ensure that your family does not need to watch you suffer any more than you would wish for, thereby relieving your family of difficult decisions and providing them with clear guidance on your end-of-life wishes.

Understanding Trusts

There are numerous types of trusts, and many trusts may be hybrid trusts incorporating various trust principles. Our firm can guide you through your options and help plan for your future and your family’s future. The following are some of the more common trusts:

• Revocable trusts: These are similar in purpose to a will; however, a revocable trust becomes valuable in its ability to avoid probate and ensure that your final affairs are handled privately.
• Irrevocable trusts: Also called protective trusts, these are generally effective for tax planning and to protect money and property from creditors, but irrevocable trusts also have strict management rules. These are more common for high-net-worth individuals and families.
• Contingent testamentary trusts: These are great devices to protect your descendants from “wasting” all of their inheritance. This can be incorporated into a will, which is generally advisable for families with minor children.

We work with you to determine which trust structure best serves your goals and provides maximum protection for your assets and beneficiaries.

Because Their Future Depends On It

Please contact us for proven legal guidance on wills, trusts and all your other estate planning needs, including estate administration and probate, advanced directives, living wills and powers of attorney. Schedule your initial consultation by calling us at 888-881-8207.