UNDERSTANDING THE LAW
A small collection of articles covering our areas of practice.
Estate Planning Checklist
…Consider holding your property in a living trust so your survivors won’t have to go through probate court.
Make health care directives to ensure that your wishes regarding medical decisions will be honored, should you be unable to make the decisions yourself.
Appoint a financial power of attorney to give a trusted person the authority to handle your finances and property should you become unable to do so.
Protect your child’s property by naming an adult to manage any money and property your minor child may inherit from you.
Name a beneficiary for bank accounts and retirement plans to make the accounts automatically payable on death and skip the probate process…
© Copyright 2023 Barbara J. Baird – advertising material
Indianapolis, Indiana Probate Lawyer Barbara J. Baird handles all of the matters necessary to quickly resolve any issues that may come up during the probate process, including:
- Identifying and safeguarding potential assets
- Managing assets and real estate
- Identifying and notifying both potential heirs and creditors
- Assessing the validity of claims made against the decedent’s estate
- Defending lawsuits brought by creditors, if filed
- Paying all valid creditors’ claims
- Preparing an inventory of assets and making a formal accounting
- Filing and paying Federal and state income, estate and gift tax returns
- Publishing legally required notices
- Employment of advisors and professionals to assist in administration.
- Paying the administrative expenses
- Distributing statutory amounts (including exempt property) or assets to the surviving spouse or dependent family members
- Distributing assets to beneficiaries
- Closing probate administration
For many clients dealing with probate, working with Indianapolis probate lawyer Baird allows them peace of mind, knowing that the process is being handled efficiently and skillfully. Attorney Baird works with clients throughout Indiana to ensure that all of the details of estate administration come to a quick conclusion.