Overwhelming debt can accrue incrementally over a long period of time or it can happen suddenly. In Indiana, this is a problem for people regardless of age, education and situation. Those dealing with this type of debt should be aware of the positives that can come...
Year: 2021
Understanding guardianships in Indiana
When a person is not able to make decisions for him or herself, it may be necessary to pursue guardianship. Sometimes, this is because the person is suffering from an illness or a disability. A guardian is appointed by the court and is responsible for the care and...
How can you protect your elderly loved ones from financial abuse?
You may be the adult child of an older parent. Your parent has saved their money for many years so that they can retire eventually and live the rest of their days comfortably. Another reason why they saved for all those years is to leave you an inheritance. Whether...
Debt settlement programs can be an alternative to bankruptcy
It is understandable that there are many people who are in considerable debt and are yet unwilling to file for bankruptcy. While bankruptcy does offer a fresh financial start, the social stigma attached with it can often leave debtors wondering whether filing for...
Same sex divorce and equitable distribution of property
Divorce, by its very nature, can be a difficult process. The emotional toll can be significant on all who are involved, particularly when we consider that most people are unfamiliar and uncomfortable with the court system. Beyond the normal difficulties, however, same...
Start your long-term care planning
Making long-term care decisions should occur when you are in your 60s or 70s, if not sooner. Dementia begins in the 60‘s and the chances of its onset double every five years afterwards. Considerations First, determine whether a person’s living situation is...
What is considered income for child support calculations?
Parents in Indianapolis need to provide for their children. They need to provide love and support as well as provide for their financial needs. This means that they need to ensure they have a roof over their heads, food to eat and clothing. That can be expensive...
The Build Back Better Act may affect estate plans
With each new administration comes new laws and taxing policies. For this new administration, it is the Build Back Better Act, a $3.5 trillion legislative measure that will make various changes to the tax code. And, for those looking to plan ahead, this post will...
Tips for heading into to the new school year post-divorce
Summer is nearing its end and many kids in Indianapolis are back to school some for the first time in a year or more. However, if a child’s parents divorced over the summer, this school year may look very different than in years past. The following is an overview of...
How bankruptcy can provide immediate relief from debt collectors
Residents of Indiana often have many different reasons for filing a petition with the federal Bankruptcy Court, but one of the most common motivating factors is the incessant rain of phone calls and letters from debt collectors. Filing a bankruptcy petition can...