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Top Indianapolis, IN Trusts Lawyers Near You

Trusts Lawyers | Carmel Office | Serving Indianapolis, IN

1905 S. New Market Street, Suite 169, Carmel, IN 46032

Trusts Lawyers | Indianapolis Office

4259 Shelby St, Indianapolis, IN 46227

Trusts Lawyers | Noblesville Office | Serving Indianapolis, IN

216 Carrigan Point, Noblesville, IN 46062

Trusts Lawyers | Indianapolis Office

One Indiana Square, Suite 3500, Indianapolis, IN 46204-2023

Trusts Lawyers | Indianapolis Office

111 Monument Circle, Suite 702, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

334 N. Senate Ave, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

201 North Illinois Street, Suite 1900, Indianapolis, IN 46204-4236

Trusts Lawyers | Indianapolis Office

300 N. Meridian Street, Suite 2500, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

One Indiana Square, Suite 2800, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

101 West Ohio Street, Suite 1401, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

6626 E. 75th St., Suite 410, Indianapolis, IN 46250

Trusts Lawyers | Carmel Office | Serving Indianapolis, IN

760 3rd Avenue SW, Suite 210, Carmel, IN 46032

Trusts Lawyers | Indianapolis Office

1100 First Indiana Plaza, 135 North Pennsylvania Street, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

One Indiana Square, Suite 1500, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

3755 East 82nd Street, Suite 110, Indianapolis, IN 46240

Trusts Lawyers | Indianapolis Office

200 S. Meridian Street, Suite 420, Indianapolis, IN 46225

Trusts Lawyers | Indianapolis Office

251 E Ohio Street, Suite 915, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

5750 Castle Creek Pkwy, Castle Creek V, Suite 350, Indianapolis, IN 46250

Trusts Lawyers | Indianapolis Office

201 N Illinois St, 16th Floor, Indianapolis, IN 46204

Trusts Lawyers | Indianapolis Office

8777 Purdue Rd, Suite 104, Indianapolis, IN 46268

Trusts Lawyers | Indianapolis Office

450 E 96th St., Suite 500, Indianapolis, IN 46240

Indianapolis Trusts Information

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Lead Counsel Verified Attorneys In Indianapolis

Lead Counsel independently verifies Trusts attorneys in Indianapolis and checks their standing with Indiana bar associations.

Our Verification Process and Criteria
  • Ample Experience Attorneys must meet stringent qualifications and prove they practice in the area of law they’re verified in.
  • Good Standing Be in good standing with their bar associations and maintain a clean disciplinary record.
  • Annual Review Submit to an annual review to retain their Lead Counsel Verified status.
  • Client Commitment Pledge to follow the highest quality client service and ethical standards.

Find a Trusts Attorney near Indianapolis

Visit our free Trusts Resource Center.

What Is a Trust?

A trust is an estate planning tool that allows you to determine which beneficiaries will get your property and assets when you pass away. A valid trust can allow you to avoid probate, which can be costly and slow, so your beneficiaries can receive your real estate, accounts, and personal property more quickly. A trust can also allow you to use and access your property while you are living while still providing for your loved ones after you die. An estate planning attorney can give you more information about trusts and estate planning.

What Are Different Types of Trusts?

There are different kinds of trusts that can be used to accomplish your estate planning goals. Common types of trusts include:

  • Living trusts
  • Irrevocable trusts
  • Charitable trusts
  • Special needs trusts

The most common type of trust is a living trust, also known as a revocable trust. A revocable trust provides more flexibility for the person who created the trust to use the property and modify the trust at any time. An irrevocable trust is much more restrictive and cannot be canceled. However, an irrevocable trust can reduce estate taxes and may allow the property to be protected from creditors. Talk to Indiana estate planning lawyers for legal advice about what type of trust is best to give you peace of mind.

How Do I Establish a Trust?

The person who creates the trust is known as the settlor. The settlor names a beneficiary or beneficiaries who will receive the assets under the terms of the trust, usually upon the death of the settlor. The settlor also designates a trustee to manage the assets of the trust for the benefit of the beneficiaries. There may be other requirements for a trust in your state, so contact an Indiana trust lawyer or elder law firm about your legal matters.

How Can I Change a Trust?

A revocable will can be changed anytime during the lifetime of the settlor. You may want to review your trust every few years or anytime there is a significant life change. When there is a major life change, like a marriage, divorce, or death of a loved one, you may want to update your trust to make sure your wishes are still reflected in your estate plans.

How Much Does It Cost to Make a Trust in an Indianapolis?

The cost of a trust will depend on several factors, including the number of assets and properties, trust administration, and the terms of the trust. An average trust can cost about $2,000 to $5,000 or more. However, a trust can save you money by avoiding the costs, delays, and court process of going through probate. A trust can also include special provisions for your loved ones so they can have long-term protection and financial support. To get an estimate for how much it will cost to prepare a trust for your situation, contact an Indianapolis trust attorney for a quote.

Top Questions to Ask When Hiring an Attorney

  • How many years have you been practicing law? How long have you practiced law in the local area?
  • How many cases similar to mine have you handled in the past?
  • What is the likely outcome for my case?

In legal practice, experience matters. An experienced attorney will likely have handled issues similar to yours many, many times. Therefore, after listening to your situation, the attorney should have a reasonable idea of the time line for a case like yours and the likely resolution.

The Importance of a Good Consultation

The goal of an initial consultation is to find an attorney you are comfortable working with and someone who can help you understand your options under the law. Seek to understand the relevant legal experience the attorney brings to your case. While it is not realistic to expect an attorney to resolve your legal issue during an initial consultation, you should gain a level of comfort with his/her ability to do so. A good consultation can clarify issues, raise pertinent questions and considerations for your case, and help you make an informed decision towards resolving your legal issue.

Does firm size matter?

For most consumer legal issues, the size of the practice is much less important than the experience, competence, and reputation of the attorney(s) handling your case. Among the most important factors when choosing an attorney are your comfort level with the attorney or practice and the attorney’s track record in bringing about quick, successful resolutions to cases similar to yours.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.

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