The IndyBar is proud to be a finalist for the ABA's 2022 Louis M. Brown Award for Legal Access! You can help our Virtual Ask a Lawyer program win the Brown Select Award, which is determined by public vote.

Thanks to the generosity of IndyBar Estate Planning & Administration Section and Women and the Law Division donors, Coburn Place was able to fulfill the wish of one book and one toy for each child at the facility!

Funeral assistance is available through Federal Emergency Management Agency for families who have lost someone to COVID-19

Cold weather season brings sweaters, holiday planning, and – for those who work in estate and tax planning – IRS inflation adjustments. On November 10, 2021, the IRS announced the annual inflation adjustments for tax year 2022.  

The COVID-19 pandemic has brought matters of safety and well-being into sharp focus. Throughout the child’s life at home, parents generally have immediate access to the child’s medical information and can direct the child’s health care without obstruction. When the child is a young adult and is on his or her own in college, or elsewhere, that safety net of parental access and oversight can be lost. One way for the child to retain the parents’ involvement with his or her health care decisions while away from home is to execute health care advance directives that give the parents continued authority to be involved.

The COVID-19 pandemic has created a new appreciation, and perhaps a need, for personal recreational spaces. For families that are fortunate enough to own a lake home or other recreational real estate (hereinafter, lake home,) these are assets that should be given renewed attention in their estate plans in order to protect them for future generations to enjoy. While there are multiple tools that can be used for this purpose, currently the most powerful tool is the limited liability company.

For estate planning and administration, the use of discounts can be very important for tax planning purposes. This article from Stout shows a recent tax court ruling that found correct data and detailed analysis are vital when using lack of control discount for majority interest when previous rulings the tax court ruled no discount for lack of control. 

While it’s our goal year-round to make you, IndyBar members, more profitable and productive in your practice, we’re taking extra care during the month of September to show you how much we appreciate you!

Disability advocates have long called for changes to guardianship laws. Thanks to Britney, people are listening.

An IndyBarHQ utilization task force has been organized, featuring a diverse group of members, to direct our new HQ’s evolution with intention and creativity. The ideas already are simmering vigorously, but we need your help to bring them to a full boil.