Updating Homeowner’s Insurance Coverage

Posted on March 28, 2024 by Hawkins Elder Law.

If you haven’t reviewed your insurance coverage lately, you might find yourself out in the cold without enough to replace your home after a fire or storm. This article explains the need for updating homeowner’s insurance coverage and issues you might have overlooked.

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POD AND TOD PITFALLS AND OPPORTUNITIES

Posted on February 8, 2024 by Hawkins Elder Law.

Did you know that Hoosiers can cause their money and property to pass after death to their family members through pay on death (POD) and transfer on death (TOD) arrangements? This Article explains POD and TOD ownership and the POD and TOD pitfalls and opportunities. POD and TOD Beneficiary Designations Indiana’s Transfer on Death Property […]

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Organizing Records and Information for Estate Planning

Posted on August 7, 2023 by Hawkins Elder Law.

Estate planning is an essential but complex process, encompassing various financial, legal, and personal decisions. Organizing records and information properly can make this process smoother and more efficient. This article offers tips and links to helpful checklists to prepare for estate planning.

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Young Parents Need Estate Plans

Posted on October 2, 2018 by Hawkins Elder Law.

This article explains why young parents need to make estate plans more urgently than the older generation that raised them.

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Estate Plans Must Clarify “Right Things”

Posted on by Hawkins Elder Law.

When an estate plan depends on someone to “do the right thing,” someone will inevitably dispute

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What Reverse Mortgage TV Commercials Don’t Tell You

Posted on September 4, 2017 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] Tom Selleck and other charming celebrities have pitched reverse mortgage plans to senior citizens for years in television ads like Selleck’s ad posted on YouTube. Mr. Selleck says reverse mortgages are not “too good to be true,” but should people believe him? Well, it depends… […]

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Avoiding Probate is Easy – But Not Always Wise

Posted on May 23, 2017 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] We have heard people tell us for decades that they want to “avoid probate.” They say it as if they want to avoid cancer. Most people have no idea what it is that they think they should avoid. Fewer people know that the “probate” concept […]

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Costly Delay: Importance of Mental Capacity in Estate Planning

Posted on April 8, 2017 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] Too people say about estate planning, “I’m not ready for that yet.” A person must be able to think clearly enough to make a will, trust, power of attorney, deed, health care directive or other estate plan document. As we wrote in our blog article, […]

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Trust Protector to the Rescue

Posted on January 14, 2017 by Hawkins Elder Law.

The basic purpose for estate planning is to prepare for future situations by empowering people to solve problems or adapt to changing circumstances. Unfortunately, this old planning truism still applies: The finest plans of mice and men often fall apart and leave us with only grief and pain instead of joyful hearts. (Our paraphrased excerpt […]

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Life Insurance Estate Planning Tips

Posted on November 27, 2016 by Hawkins Elder Law.

[See our Disclaimers page about relying on this website’s contents.] People buy and use life insurance for many reasons. Unfortunately, too many people make poor life insurance purchase and use decisions because they do not try to understand their options. Instead, they rely on insurance promoters and amateur advisors to tell them what they need […]

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