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Estate
Planning
Estate planning is the
process of taking steps to identify, preserve, and ultimately to
pass on, your assets. Many people mistakenly believe that they
do not have "an estate" or any assets of value to pass to
beneficiaries. However, when you take stock of items like your
home, personal belongings, automobiles, 401(k) accounts and
insurance policies, the value of your estate can add up
quickly. Your estate is the total property, both real
and personal, that you own prior to distribution through a
trust or will. (Real property is real estate and personal
property includes everything else, for example cars, household
items, and bank accounts.) Estate planning distributes these
items including both real and personal property to your heirs.
If you do not plan for the
passing on of your assets, the State of Indiana will do it for you.
(But be advised: That plan may not be what you
would like to have happen).
Remember, Murphy's Law says
that if something can go wrong, it generally will. Without
proper Estate Planning, if something goes wrong, it can be too late
for you to have any input!
The most commonly used documents in estate
planning are:
Business
Services
If you need a
new business entity established or simply want to maintain the
corporate records and state filings on an existing business, this
firm can do it those services for you. I can provide a flat
fee arrangement to establish a new incorporation, or provide
contractual services on an hourly basis.
Business
Services include:
Business
Formation, Incorporations, S-Corps, Limited Liability
Corporations (LLC), Limited Liability Partnerships (LLP),
Shareholder Meetings, Minutes, State Filings. Leases,
Employment Contracts, Letters of Non-Competition, Personal
Guarantees
Real Estate Services
If you buying or
selling a home, this firm has the expertise to assist. Whether
you are selling the home on your own (I will draft purchase
Agreements, and work with you on Sellers Disclosure Statements and
Lead Based Paint disclaimer if necessary. I can also review
the title work and closing statements and if desired attend
closing.
Call Gary E.
Bolenbaugh, Attorney at Law, PC
at (317) 570-8380
today!
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