Estate Planning & Estate Administration
A cornerstone of THK Law’s legal practice is helping business owners and individuals protect and preserve their assets through estate planning and the administration of estates. An estate consists of all the property that a person owns or controls, whether held solely or in some joint manner, and all other money or wealth that would be generated upon someone’s death. An estate plan should allow you to control and manage your property while you are alive and well, take care of you and your loved ones if you become disabled, and when you die allow your property to pass to those you want when you want, and in the way you want, while saving as many tax dollars, court costs and professional fees as possible. Estates include:
- Personal property
- Retirement accounts
- Life insurance
- Business interests
- Real estate
- Digital assets
- Debts owed to others
- Claims you have against others
- Wills & living wills
- Trusts & living trusts
- Powers of attorney
- Healthcare directives
The estate planning and elder law attorneys at THK Law, LLP counsel business owners and individuals in Indiana and Michigan, helping them protect and preserve assets through estate planning and the administration of estates. Business owners and individuals both have to deal with the taxation of assets upon their estates. With advance planning, we can help clients control the tax consequences of death.
Counseling business owners and individuals with estate planning needs is a strength and cornerstone of our firm. If you have questions and need advice call 574.232.3538 for an appointment with one of our estate planning attorneys.
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute an attorney-client relationship.