Indianapolis Estate Planning Lawyers: Providing Estate Solutions
A well-drafted estate plan can preserve assets and provide for your family. It can also provide a lasting legacy and give you peace of mind.
At Trapp Law, LLC, founded by attorney Angie Trapp in Indianapolis, our team provides a complete range of estate planning services. Our firm’s estate planning lawyers draft wills and create trusts for clients in Indiana. They help people deal with the onset of incapacity in family members and provide cost-effective probate administration services.
Comprehensive And Customized Estate Planning Strategies
We also know and understand that everyone has different wishes, and their wealth portfolio will be unique. Therefore, we customize every estate plan to reflect our clients’ legal goals.
We provide legal guidance, counsel and advice for the following services:
- Drafting, creating and executing wills
- Drafting and creating trusts
- Financial powers of attorney
- Health care powers of attorney
- Advance health care directives
- Guardianships
- Estate planning for disabled people
- Medicaid planning
Our firm also provides comprehensive probate administration services. As experienced litigators, our firm’s estate attorneys can also provide guidance and assistance if a will is contested. Our law firm charges reasonable flat fees for our services.
Frequently Asked Questions About Estate Planning
At Trapp Law, LLC, we know that preparing a comprehensive estate plan can be overwhelming. We know that you probably have a lot of questions. Here, our estate planning lawyers answer a few of the most commonly asked questions. However, we know that you probably still have questions about your specific case. Our firm offers a free, confidential initial consultation where we can address all of your initial questions and concerns.
Do I need a will?
A will is the only way that you can ensure your wishes are carried out after you are gone. If you own assets or have children, creating a will is especially crucial. A will can direct what will happen to your assets and wealth and define how you would like everything distributed amongst your heirs.
A will can also name guardians for your minor children and establish who will care for them. Without a will, these important decisions will be decided according to Indiana state laws. Without a will, you lose control over these significant matters. An estate planning attorney can help you draft a will that reflects your wishes clearly and legally.
What is a trust and should I have one?
A trust is a legal estate planning tool that names a trustee to manage assets for the benefit of someone else, called the beneficiary. Trusts can help you avoid probate, save on taxes and control the distribution of your assets.
Whether you need a trust and what type of trust you need depends on your specific circumstances, such as your asset and wealth portfolio, your financial goals and your family’s needs. Our estate planning lawyers regularly provide guidance and direction on whether a trust makes sense for any given financial situation. If a trust makes sense for your situation, we can help ensure it is set up properly according to state laws.
When should I prepare an estate plan? Or revisit my existing estate plan?
You should consider preparing an estate plan as soon as you acquire significant assets or responsibilities. Major life changes like marriage, having children, or buying a home are also key times to either start or update your plan.
It is wise to review your estate plan every few years or after any major life event, like a divorce, to ensure it still meets your needs. An experienced attorney can assist you in keeping your estate plan current, making sure it always matches your intentions and life circumstances.
Addressing Estate Planning Needs For Senior Citizens And Disabled Adults
Our law firm provides services to help the elderly qualify for Medicaid-paid nursing home care while preserving their assets. We also provide estate planning solutions to fund the care of disabled adults through a special needs trust, while maintaining their eligibility for Medicaid and other government benefits.
Our estate planning lawyers can review your situation, explain the possibilities and take the requisite measures to achieve your goal. Our firm has long-standing relationships with experienced financial planners who can also provide specific recommendations regarding your investment options.
“When it is not done correctly, transferring assets in order to qualify for Medicaid can have costly consequences. Let us help you make the right decisions.” – Founding attorney, Angie Trapp
Indianapolis And Greenfield Wills And Trusts Attorneys
Founded on principles of clear communication and customized estate planning services established by our founding attorney, Angie Trapp, our lawyers will listen closely as you describe your family, your finances and your goals. Our lawyers will evaluate your family’s situations and provide counsel regarding the appropriate legal instruments. When your life or financial situation changes, our lawyers can also update these documents for a reasonable fee. In hiring our firm to create your estate plan, you can be confident that you have done the best you could to prepare for your family’s future.
Schedule A Free Consultation With An Indianapolis Estate Planning Attorney
To schedule a free consultation about an estate planning matter, contact Trapp Law, LLC, by calling 317-668-1230. You can also reach us using our contact form. We look forward to answering your questions and telling you more about how we can help you plan for the future.