Indiana Trust Attorney

A Living Trust-Centered Estate Plan

  1. Provides in-home health care instructions which can someday help avoid unnecessary placement in a nursing home.
  2. Provides continuity in the handling of your affairs by more efficiently transferring your property to your loved ones.
  3. Fully avoids probate upon your death, helps to reduce after-death administrative expenses, and avoids court conservatorship and guardianship upon your disability, as to all assets that are in the trust.
  4. Provides prenuptial protection for your spouse and children and in the event your surviving spouse chooses to remarry after your death, it can help assure that your estate passes to your children, and not the new spouse.
  5. Easily moves with you from state to state.
  6. Helps to achieve earlier Medicaid Eligibility and to avoid a spend-down due to a long-term catastrophic illness and nursing home costs.
  7. Creates trusts for your loved ones that are free from the supervision of the probate court.
  8. Is difficult for disgruntled heirs to attack.
  9. Helps to assure family’s privacy following your disability or death.
  10. Provides comfort to your loved ones during their period of grief and spares them any unnecessary emotional or financial hardship should you become incapacitated or at the time of your death.
  11. Helps assure that your estate assets will pass to the individuals of your choice.
  12. Passes assets more quickly to your loved ones upon your death, avoiding some of the delays, hassles, and paperwork involved in the probate process.

Call Our Indiana Trust Lawyers 

When you need help with establishing a trust in Indiana, turn to Rice & Rice. Our estate planning firm has skilled and experienced trust attorneys that can help you protect your family and assets.

Read our attorney reviews to see why clients choose our law firm when they want to hire the best trust lawyers near them.

Contact us online or call (219) 240-0450 for a consultation. Call to speak with an Indiana trust lawyer near you. We help clients across the state from our offices in Valparaiso, Lafayette, and Granger.

Commonly Asked Questions

What are the benefits of creating a living trust in Indiana?

Creating a living trust in Indiana offers numerous benefits, including avoiding probate, ensuring in-home health care instructions, providing continuity in handling affairs, prenuptial protection, and maintaining privacy for your family. Trusts also allow for more efficient transfer of property to loved ones, can move with you across states, and help in achieving Medicaid eligibility to avoid spend-downs due to long-term illness.

How can a living trust provide protection for my children from a previous marriage?

A living trust can offer prenuptial protection by ensuring that your estate passes to your children, not a new spouse, if your surviving spouse remarries. It creates a legal framework that directs your assets to designated beneficiaries, which can be particularly important in blended family situations to protect the inheritance rights of children from previous marriages.

Can a living trust in Indiana help with Medicaid eligibility?

Yes, a properly structured living trust in Indiana can help achieve earlier Medicaid eligibility by protecting your assets from being depleted due to long-term catastrophic illness and nursing home costs. It's designed to meet Medicaid asset thresholds while preserving wealth for beneficiaries, potentially avoiding the need for a spend-down.

Why should I consider hiring Rice & Rice for my trust needs in Indiana?

Rice & Rice is a reputable estate planning firm with skilled attorneys experienced in trust law. Clients choose Rice & Rice for their trust needs because of their proven track record, personalized service, and the convenience of having offices in Valparaiso, Lafayette, and Granger. Their attorney reviews reflect a strong client satisfaction and commitment to protecting assets and families.

Special Trusts

  • Protective Trust – can help make sure monies left to children will stay with the children
  • Spray Trust – children receive their money over a period of years
  • Spend-Thrift Trust – protect child who is not a good manager of money
  • Special Needs Trust – provide for disabled child so there’s no loss of Medicaid or SSDI benefits
  • Dependency Disorder Trust – protect child and their legacy if concerned about alcoholism, gambling addiction or drugs
  • Minor’s Trust – make gifts to young children or grandchildren
  • Grandchildren’s Trust – money passed to grandchildren is invested and managed by someone else until grandchild reaches 25 or other specified age
  • Education Trust – set some money aside for grandchildren’s future
  • IRA Trust – protect and stretch IRA so it doesn’t get taxed right away upon death
  • Farm Trust – keeps the farm in the family
  • Pet Trust – care for pets
  • Miller Trust – shelter income to qualify for Medicaid
  • Medicaid Trust – protect home or other assets from a spend-down

Contact us online or call (219) 240-0450 for a consultation. Our Indiana trust lawyers help clients across the state from our offices in Valparaiso, Lafayette, and Granger.

Serving Our Community Since 1972

Trust your family's future to our Compassionate team of attorneys.

Reach Out Today for a Free Consultation

Why Choose Rice & Rice Attorneys

What sets Us Apart
  • Focused On Elder Law

    At Rice & Rice Attorneys, our primary focus is on caring for your family. Estate Planning, Probate, and Elder Law are all we do, and we offer reasonable rates.

  • Faith and Family Oriented

    Our firm is based on the principles of our faith and the importance of family.

  • 50 Years of Experience

    Since 1972, Rice & Rice Attorneys have been serving this area and we are deeply rooted in our community.

  • Award-Winning Attorneys

    Our firm has been awarded the Martindale-Hubbell AV Preeminent Rating, as well as an A+ Rating with the BBB.

Peace of Mind Starts Here

Trust your family's future to our Compassionate team of attorneys. Reach out today for A Free Consultation.

Schedule a Free Consultation or
  • Please enter your first name.
  • Please enter your last name.
  • Please enter your phone number.
    This isn't a valid phone number.
  • Please enter your email address.
    This isn't a valid email address.
  • Please make a selection.
  • Please make a selection.
  • Please enter a message.