Reddy Law Firm, LLC

Reddy Law Firm represents clients in a variety of trust and estate matters. Estate planning involves the financial and medical directives that an individual desires to create during his/her lifetime to be implemented when the individual dies or is no longer capable of making decisions. At Reddy Law Firm, we provide individual clients with the following estate planning legal services:

• Wills
• Trusts
• Health Care Directives
• Durable Power of Attorney
• Living Wills
• Guardianships
• Estate and Trust Administration
• Probate

The law of trusts and estates primarily involves the management of personal affairs and the disposition of a person's property after he or she has died or becomes incapacitated. A "trust" is a legal concept whereby a grantor transfers legal ownership of property to a trustee. Trust assets typically are managed for the benefit of one or more beneficiaries. An estate generally consists of the property that a person bequeaths to his or her heirs after his/her death, which usually involves a testamentary instrument such as a will (or a last will and testament).

The Terre Haute general practice attorneys (link to general practice page) at Reddy Law Firm are committed to providing a personalized approach in developing a client's estate plan. Our attorneys can guide you in filing petitions for probate and in the appointment of trust administrators. Trust administration is concerned with the administration and transfer of assets according to the directions set forth in a trust agreement. At Reddy Law Firm, we work with clients to evaluate discretionary issues on distribution of the trust assets, and to ensure that the assets of the trust are distributed accordingly. Our attorneys can also assist in the preparation of the final accounting, and with the assistance of a CPA, minimize taxes and expenses involved in trust administration.

Estate planning is executed with legal documents such as wills and trusts, and can be simple or complex, depending on the value of the assets, the distribution scheme, and whether tax planning is required. A comprehensive estate plan is vital and beneficial to a client's overall financial plan, and it can reduce tax consequences and provide clear guidance to avoid any family disputes and prolonged probate court battles.

If you have an estate or trust related question, contact us online today or call 812-645-0291 to schedule a consultation and find out how the Terre Haute attorneys of Reddy Law Firm, LLC can help you with your legal matter.