I have a Last Will and Testament from forty (40) years ago. Should I update it?

An individual’s original estate planning purposes may be different today than many years ago. For instance, many estate planning attorneys in years past drafted estate plans in order for their clients to maximize estate tax savings. Due to legislation, estate tax planning is not usually a primary focus of estate planners.

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I have been married more than once. How should I plan the inheritance for my spouse, children and stepchildren?

Sometimes clients desire that stepchildren be treated no differently van the clients biological children. Other clients sometimes want only their children to receive their property. Thus, to answer this question it is necessary for the estate planning attorney to understand the family dynamics. Further, it is important for the client to understand the legal presumptions regarding stepchildren. While this blog post cannot address particular family dynamics, it can address the treatment of second marriages and stepchildren according to Indiana law.

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