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Powers of attorney (POAs) are popular estate planning tools. POAs allow a person (called “the principal”) to appoint a second person (called the “attorney in fact”) to act for them in financial and/or health matters. As life-spans increase, many of us are faced with...
If you have begun to plan for retirement you may own one, or several, life insurance policies. Unfortunately, depending on how these policies are set-up, the proceeds from them may be counted as part of your estate once you are gone. In some cases, insurance proceeds...
In a recent study, the United States Department of Agriculture (USDA) found that family farms make up 98% of all farms in the US and 96% of all farms in Indiana. However, an estimated 70% of US farmland will change ownership in the next 20 years, much of it out of...
The holidays can be a perfect time to discuss estate planning with your loved ones.