Indianapolis Estate Planning: Preserving Your Assets And Wealth For Future Generations
At Foley Abbott & Steele, LLC, our legal team emphasizes the critical importance of estate planning to secure the future well-being of your loved ones and preserve your assets. Estate planning is essential for individuals. A comprehensive strategy allows for the management and distribution of your assets in the event of incapacitation or death.
Our Indianapolis clients benefit from personalized and legally sound estate plans that align with their unique circumstances and wishes. We prioritize thoroughness and attention to detail so that all aspects of our clients’ estates are accounted for and protected. With our assistance, you will achieve peace of mind knowing that your loved ones and assets will be safeguarded according to their intentions.
Why Choose Foley Abbott & Steele, LLC For Your Estate Planning?
We provide personalized attention by working closely with you throughout the entire estate planning process. Our dedicated team listens to your concerns and goals, crafting an estate plan that truly protects your loved ones and assets.
With our office located in the heart of Indianapolis, we possess a deep understanding of Indiana laws, allowing us to develop effective estate plans that comply with both state and federal regulations. Our comprehensive services cover all aspects of estate planning, including drafting wills, setting up various trusts, and guiding you through the probate process, ensuring you don’t have to worry about the details.
We are mighty in our commitment and dedicate ourselves to working diligently on your behalf, aiming to make your estate planning experience as smooth and stress-free as possible.
Substantive Estate Plans: Wills, Trusts And Powers Of Attorney
We craft comprehensive estate plans to prepare for your family’s future. They can help you protect your family and your assets through wills, trusts, powers of attorney or other legal instruments used as estate planning tools. Our estate planning lawyers help clients:
- Draft a last will and testament
- Create necessary trusts
- Establish guardianships
- Establish a living will
- Create powers of attorney
- Appoint health care representatives
- Assessing Assets to Prepare Estate Plan
We prepare plans that focus on limiting potential taxes and fees. They will craft strategies to make sure the distribution of your property is completed as you wish. Using wills, trusts and lifetime gifts, we create an estate plan that complies with Indiana and federal laws and is designed to reduce or eliminate death taxes assessed against your property.
Creating Trusts To Protect Assets
One tool that can help minimize estate taxes is to establish different trusts when appropriate. We help clients establish all kinds of trusts, including:
- Health care trusts
- Intentionally defective grantor trust (IDGAT)
- Irrevocable trusts
- Revocable trusts
- Living or inter vivos trusts
- Testamentary trusts
- Special Needs Trusts
At Foley Abbott & Steele, LLC, we will assess your assets and wealth, and customize your estate plan using a variety of tools in accordance with Indiana laws.
Estate Administration And The Probate Process In Indiana
We also assist family members with estate administration and provide legal guidance and advice for getting through the probate process as quickly as possible. We help clients with:
- An estate’s administration
- Ancillary (out-of-state) administration
- Probate administration, mediation and arbitration
- Will contests
- Challenges to remove trustees or personal representatives
As seasoned litigators, we have the experience and skills that are necessary to resolve challenges that arise with the administration of an estate or the probate process.
Consult An Indianapolis Estate Planning Lawyer For Free
Foley Abbott & Steele, LLC, offers free initial consultations. To schedule your free appointment, you can call our office at 317-973-8674 or send us an email using our online form. We look forward to telling you more about how we can provide you with a cost-effective substantive estate plan or legal strategy to resolve a conflict with an estate’s administration.