Estate Administration

Estate administration involves much more than meets the eye. The legal and fiduciary responsibilities associated with being an estate trustee are significant, so they are best handled by a professional.

Areas with which you need to be familiar when considering estate administration include:

  • The Big Picture
  • Priorities: yours, parent’s, family’s
  • The Process: layout of taxes, time, team
  • The Family
  • The Issues

New Laws Require New Approach to Estate Administration

Estate plan administration in Indiana has changed significantly in 2013, due to recent unexpected revisions to both federal and state tax laws. Indiana has eliminated its inheritance tax and the federal government approved a $5.25 million federal estate exemption with “portability.”

Some of the issues and implications that Indiana residents should possibly consider include credit shelter trusts, as well as income tax and capital gains tax planning.

Learn more: Indiana and Congress Just Revolutionized Estate Planning

Estate Settlement Priorities

Our Estate Settlement Priorities survey, in combination with our Personal Estate Planning Priorities survey, will help determine your vision and goals for your estate plan and how it is administered by your heirs.

Download Survey: Estate Planning Priorities Survey

Estate Closings Can Be Much Faster and Less Expensive

For families in Indiana, the days of sacrificing a large of chunk of your inheritance to legal fees are gone. As a result of recent legislative changes, after creditors’ claims have been negotiated, an estate can be completely distributed.

The implications for estate administration involve partial estate distributions to heirs, the elimination of estates remaining open for long periods of time, and the possible need for Hoosiers living in Florida and Arizona to rethink their strategies for moving out of state.

Family & Heir Preparedness Homework Helps Avoid Litigation

Except for birthday, anniversary and holiday gifts, very few of us like surprises. When your plan puts your family in business with shared assets to be distributed, and heirs to be governed by strange documents, there is a great potential for unpleasant thought and reaction. All of your love and efforts to benefit your children can be misunderstood.

We provide a system to create and build communication, beginning with areas of common agreement and interest. Every family reaches decisions in its own unique way, but few use a strategic system like ours and most wait until grief and emotion make successful communication very difficult.

Learn more: You Can Now Distribute Estates Very Quickly

Take Steps To Plan Your Legacy


Evaluate Status

Click to Complete the Estate Transition Check List

Evaluate your family’s odds of achieving a successful asset transition. Complete the 1O-question Estate Transition Checklist to determine how prepared you and your family are to achieve your asset transition goals.

Complete the Estate Transition Checklist


Determine Priorities

Click to Take the Estate Planning Priorities Survey

Our Personal Estate Planning Priorities Survey, in combination with the Estate Transition Checklist, will help determine your vision and goals for your estate plan and how it is administered by your heirs.

Complete the Survey: Estate Planning Priorities



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