What happens if I don't have a will?

 

Everyone should have a will, regardless of their net worth or family status, and especially if there are children who will need to be cared for.  Most Americans know this, but too many put off doing something about it.  According to the Internal Revenue Service, 50% of Americans die without a valid will document in place. This is referred to as dying "intestate."

 

In Indiana, if you do not have a will, your assets will be distributed based on the provisions provided by the state of Indiana and the court will award those distributions according to the law.  Your specific wishes will not be heard.  Most people feel they would like to leave their own instructions for distributions, rather than leaving it to the state.

 

An effective estate plan is more than just a will.  It takes into consideration how to pass your property in a way that maximizes your hard-earned assets and makes sure your loved ones get the fullest benefits through trusts as appropriate.  It also allows you to provide direction and make your wishes known in the event you become seriously ill or incapacitated through a living will and powers of attorney.  Understanding your wishes and drafting effective legal documents to ensure they are carried out is the goal of our Estate Plan service.  You deserve the peace of mind that comes with knowing that you have your affairs in order.