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Living Trusts and Other Trusts

Indiana Trust Attorney

Living Trust-Centered Estate Plans in Valparaiso, Lafayette, and Granger

  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.

Local Trust Services Tailored for Valparaiso, Lafayette, and Granger Residents

At Rice & Rice, we understand our clients' unique needs and concerns in Valparaiso, Lafayette, and Granger. Our deep-rooted knowledge of the local area allows us to provide personalized trust services that address the specific challenges faced by residents in these communities.

For instance, many families in Valparaiso are concerned about the high costs of long-term care and nursing homes. We can help you create a living trust that includes in-home health care instructions, potentially avoiding the need for nursing home placement and preserving your assets for your loved ones.

In Lafayette, where the local economy is closely tied to Purdue University, we often see clients who must ensure their estate plans are flexible enough to accommodate moves across state lines. Our living trusts are designed to be easily portable, providing continuity and peace of mind no matter where life takes you.

With their close proximity to the Michigan border, Granger residents often face unique cross-state legal considerations. Our team is well-versed in handling these complexities, ensuring your trust is robust and compliant with Indiana and Michigan laws.

We also recognize the importance of local government resources in estate planning. While we do not partner directly with entities like the Indiana Department of Health or local probate courts, we stay informed about their regulations and guidelines to serve you better. This knowledge helps us craft trusts that are difficult for disgruntled heirs to contest and fully avoid probate, reducing administrative expenses and delays.

By choosing Rice & Rice, you're not just getting a trust attorney; you're gaining a partner who understands the local landscape and is committed to protecting your family's future. Contact us today to learn how we can help you create a living trust that meets your needs and provides peace of mind for you and your loved ones.

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 free consultation with a Rice & Rice lawyer near you. We help clients across Indiana, Illinois and Michigan from our offices in Lafayette, Valparaiso 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.
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Here's What Some of Our Clients Have to Say
  • Granger Reviews

    Setting up my trust with rice and rice was the best experience because they took their time went over everything. I was able to comprehend the trust in layman’s terms. Thank you to Jeff and Tom at the Granger office also to Crystal! - Sarlin Y.

    I've dealt with a lot of attorney's in my profession and don't have a very high opinion of many of them. They all are expensive and Cliff is no exception but I found him to be kind, knowledgeable and I was happy with what I received. The staff was very friendly and supportive. - Trina H.

    Great service. Tom explained everything in terms we could understand. We suggest Rice and Rice for your all your estate planning and elder law issues. - Cheryl V.

    Tom was most excellent, helpful, and informative. A pleasure to meet and get his help with our Trust. - Philip V.

  • Lafayette Reviews

    Our experience with Rice and Rice was very favorable. All of the attorneys were friendly and very helpful in explaining our situation while walking us through our options. The Lafayette staff (Melody and Crystal) were super gracious in facilitating our requests and meeting our needs. I cannot say enough about this faith-based organization and would highly recommend their services. Thank you. - Larry S.

    Very knowledgeable, helpful, & thorough. All of their staff is wonderful! Thank you for helping us secure the future for our family! - Angela H.

    Cliff is very knowledgeable and guide you through making some very important decisions with his information that he provides. Cheri and I are very impressed! - George K.

    Super great service, and really high on education of the clients. Everything is explained, especially super detailed and clear to the point that you easily understand every step you’re going through. - Aimee N.

    A great experience, Am glad I have used Rice and Rice to prepare my estate. Very professional and very responsive to my questions and needs. I highly recommend them for estate planning. - Daniel N.

  • Valparaiso Reviews

    Anyone can go anywhere for estate planning, but at Rice & Rice they really connect with you. Your stories and tears are really more than just stories and tears. I highly recommend & very thankful for them! - Roman M.

    Rice & Rice are very professional and they were very helpful. I have delt with them since 2003 and have always had such good advice. Amy also helped me and she is great. She made me feel comfortable and helped me understand what might have been confusing to me. Thank you! - Sharon K. 

    We are grateful for the attorneys and staff at Rice & Rice. From our first appointment we knew they were the perfect fit for us. They have the knowledge and experience in elder law and estate planning to help us ensure that our wishes are fully documented and will be easily understood by our family. We now have peace of mind as we go forward in life. You do have a choice. Ours was Rice & Rice. - Lori F. 

    Cliff was excellent. Very informative and eye opening. Food was excellent. Service was excellent. Music was soothing. Crystal was very helpful. We look forward to meeting with him and the rest of his staff on Friday! - Pete B.

    Superior in every single respect! In my life's work, attorneys were my clients. I can quickly state that Rice & Rice is the most comprehensive, efficient, and truly caring from top to bottom. The complicated areas are detailed to you, completely provided in an organized book, and you are left knowing all will be well and your contact with Rice and Rice is easily completed. They care for the most important decisions of your life for yourself and your family in the most top notch way possible. You will have complete peace of mind and complete trust when you work with this firm. My recommendation could not be stronger! - Anna B.

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Compassionate Legal Representation You Can Trust

  • 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.

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