Estate Planning

Since 1975, the law firm of Holt Legal Group has assisted clients throughout Hamilton County with all of their estate planning needs. Our attorneys tailor representation to your individual needs and goals, with careful consideration of any possible tax consequences. We can assist you with the preparation of estate planning documents, such as wills and trusts; planning for incapacity, including preparing powers of attorney and planning for guardianships; and planning for long-term care, including Medicaid. In addition, we can also assist with the administration of an estate, including guiding you through the probate process whether or not our attorneys drafted the will or in estates where the decedent did not have a will.

Estate Planning 

At Holt Legal Group we offer sensitive estate planning assistance that is individually tailored to your unique needs, the needs of your family, and your long-term goals. We will help you arrange for the transfer of your property and assets as effectively as possible considering the nature and amount of your estate and any likely tax consequences.

Our highly experienced attorneys assist with the preparation of a variety of estate planning documents, including the following:

  • Wills: We prepare simple wills for clients, as well as complex wills with testamentary trusts.
  • Revocable Living Trusts: We prepare living trusts and can assist you in properly funding your trust with assets. A living trust is an entity created during your lifetime, which allows you to designate a person or persons to manage the assets of your trust, and beneficiaries to receive the assets of the trust after you pass away.
  • Financial Powers of Attorney: A durable financial power of attorney is a written document that allows you to designate a person or persons to manage your financial affairs in the event that you become incapacitated.
  • Advance Health Care Directives: Advance health care directives, also known as living wills and durable powers of attorney for health care, allow you to designate a person or persons to make medical decisions on your behalf in the event you become incapacitated.

Elder Law

Our attorneys can assist you in planning for all of the issues that arise as you continue to get older, including planning for potential incapacity and long-term care. We can help you plan for the preservation and distribution of your assets, as well as for your future health and medical care. For example, we can assist with Medicaid planning, which may cover the cost of your long-term health care.

Estate & Probate Administration

Probate administration is the process where the court oversees the administration of a decedent’s estate, ensuring that taxes and other debts and expenses are paid, and that the remaining estate is distributed in accordance with the terms of the decedent’s will and any testamentary trusts, or by Indiana’s law of intestate succession if there is no will. Our firm assists clients with probating wills and in the administration of estates where the decedent died without a will (“intestate”). We can assist clients with the probate process even if the will at issue was drafted by another law firm or by the decedent himself.

Our firm understands that losing a loved one can be one of the most difficult things you and your family may ever have to face. To help make the process easier, we offer sensitive and comprehensive guidance throughout the administration of a decedent’s estate. Many people underestimate the value of legal guidance during the grieving process, ignoring seemingly small issues until they snowball into irreparable problems. By obtaining immediate legal assistance from an experienced estate planning attorney, you can help minimize the chances of expensive, drawn-out litigation over avoidable problems.

Guardianships 

Guardianships are court-supervised proceedings that name a person or persons to serve as guardian over a minor or an incapacitated person and manage that person’s affairs. A court-appointed “guardian of the estate” manages the incapacitated person’s income and assets, whereas a “guardian of the person” provides for the health, safety, and personal needs of the incapacitated individual. One person may serve as both the guardian of the estate and of the person. 

Tax Planning 

Our firm can help you plan your estate by considering the potential consequences of both federal estate taxes and Indiana inheritance taxes on your estate, including the potential application of gift tax and generation-skipping transfer tax laws. We approach these issues by sitting down with you and your family to discuss what we refer to as your “family issues” and “asset issues.” When discussing the family issues, we evaluate how to transfer your property to your family members at the time and in the manner that best meets your needs and goals. Then we discuss asset issues, or how to meet these goals while minimizing your tax exposure. 

At Holt Legal Group, we are dedicated to providing our clients with comprehensive estate planning services. For more information on how we may be able to help you plan your estate, contact Holt Legal Group today for a free initial consultation.

Schedule Your Free Consultation

The Holt Legal Group has the skill and experience needed to be able to help you with your legal matter. To schedule a free initial consultation, call 317-900-1785.

Contact us Online