Grant & Grant Grant & Grant 2026-08-26T13:14:18Z https://www.grantandgrant.net/feed/atom/ WordPress /wp-content/uploads/sites/1503380/2022/12/cropped-Grant-Site-Icon-32x32.png On Behalf of Grant & Grant <![CDATA[Should you name a backup beneficiary in your estate plan?]]> https://www.grantandgrant.net/?p=47335 2026-08-26T13:14:18Z 2026-08-26T13:14:18Z Your first beneficiary may not be able to inherit Your first beneficiary may not always be able to receive the asset, which can leave an unexpected gap in your plan. The clearest example is when your primary beneficiary dies before you. When that happens and you have not named anyone else, the asset may pass according to the terms of the account, your estate planning documents or applicable law instead of following a choice you made.

A backup beneficiary gives you another choice

Naming a backup beneficiary lets you decide who receives the asset if your first choice cannot. Rather than leaving that question unanswered, you can name the next person you want to inherit and keep control over where the asset goes. This can matter for accounts or policies with beneficiary designations, where the named beneficiaries can determine who receives the proceeds.

Check who comes next

Review your beneficiary designations to see whether you have named someone to step in if your first choice cannot inherit. Look at the assets that allow you to name beneficiaries and check whether you have listed both a primary and backup beneficiary. If you are unsure how those designations fit with the rest of your estate plan, an estate planning attorney can help you understand what changes, if any, you may need to make. A few minutes spent checking now can help make sure your wishes still have somewhere to go later.]]> On Behalf of Grant & Grant <![CDATA[Can you decline a settlement offer if it is too low in Indiana?]]> https://www.grantandgrant.net/?p=47334 2026-07-13T12:27:41Z 2026-07-29T12:26:15Z Understanding your right to refuse You are never obligated to accept the first settlement offer that comes your way. Insurance companies often make low initial offers because they hope you will accept before you understand your claim's value. This is a common negotiation tactic. When you receive an offer, you have several choices. You can accept it, reject it or make a counteroffer. Indiana law does not require you to accept a settlement that does not fairly compensate you for your injuries, medical bills, lost wages and pain and suffering.

Factors to consider before declining

Before you decide to reject a settlement offer, you should carefully evaluate several important factors. First, look at the full extent of your injuries and whether your condition has stabilized. If you are still receiving treatment, you might not know the total cost of your medical care yet. Second, think about the strength of your case. Do you have solid evidence supporting your claim? Are there clear signs of negligence? The stronger your case, the more leverage you have in negotiations. Finally, weigh the time and expense of continuing your claim. While you should not settle for less than you deserve, you should understand the time, cost and uncertainty that a trial can involve.

Indiana's modified comparative fault rule

Indiana follows a modified comparative fault system. This can affect the amount of compensation you receive. If you share some responsibility for the accident, your compensation may be reduced by a percentage relative to how at fault you are. However, if you are more than 50% at fault, Indiana law generally prevents you from recovering damages. This is one reason the insurance company may offer less than you expect, especially if it believes you contributed to the accident.

What happens after you decline an offer

Declining a settlement offer does not end your claim. In many cases, negotiations continue as both sides exchange additional information or discuss the value of your damages. The insurance company may increase its offer, request more documentation or continue to dispute parts of your claim. Taking time to review each offer carefully can help you decide whether it fairly reflects the impact of your injuries and losses.

Indiana’s statute of limitations

Indiana law generally gives you two years beginning from the date you receive your injury to file a personal injury lawsuit. Although settlement negotiations may continue during that time, you should keep this deadline in mind. If you miss the deadline to file, you could lose your ability to seek financial recovery. Some exceptions may apply, so the amount of time available can vary depending on the circumstances of your case.

Evaluating your options after a settlement offer

Take time to evaluate any settlement offer against the full impact of your injuries and losses before making a decision. Ask whether the amount reflects your current and future losses, along with the strength of your claim. When you understand your options and weigh the facts carefully, you can make a decision that supports your recovery and protects your future.]]> On Behalf of Grant & Grant <![CDATA[3 reasons a will is not enough for large estates]]> https://www.grantandgrant.net/?p=47333 2026-06-25T09:20:56Z 2026-06-25T09:20:56Z After years of building a successful career, growing investments or creating a family business, many people want confidence that their wealth will support the people and causes they care about most. They also want control over how that wealth passes to the next generation. A will plays an important role in estate planning, but larger estates often face challenges that a simple will cannot fully address. Families with substantial assets frequently benefit from additional tools that provide greater control, privacy and protection. Here are three important reasons to consider other estate planning documents beyond a will.

1. A will can leave your family stuck in probate

Many people assume a will allows assets to transfer directly to loved ones. In reality, assets governed by a will typically must pass through probate before beneficiaries can receive them. For large estates, probate can become a lengthy and expensive process. Multiple properties, investment accounts, business interests and numerous beneficiaries can increase the complexity of estate administration. Family members may wait months before receiving distributions, and disagreements over assets can create additional delays. A revocable living trust can help avoid many of these issues. Assets held in the trust can pass directly to beneficiaries without going through probate. This often allows families to settle affairs more efficiently while keeping sensitive financial matters out of the public record.

2. A will offers limited protection for beneficiaries

Leaving a substantial inheritance can create opportunities, but it can also create risks. An adult child may face creditor claims, divorce, financial struggles or poor spending decisions that place inherited assets at risk. A trust can provide safeguards that a will cannot. Trust provisions can control when beneficiaries receive distributions and under what circumstances. For example, a trust may distribute funds over time rather than all at once. This approach can help preserve family wealth while still providing meaningful support.

3. A will may not protect a multigenerational legacy

Many high-net-worth families want to do more than transfer assets. They want to preserve a family business, support charitable causes or ensure future generations benefit from the wealth they worked hard to build. Advanced estate planning tools can help achieve those goals. Trusts may support long-term wealth preservation and charitable giving strategies. Business succession plans can prepare future leadership and reduce uncertainty during ownership transitions. Powers of attorney and advance directives can also help protect personal and financial interests during life. Together, these tools create a stronger framework for protecting both wealth and family goals.

Building a plan that matches your legacy

The larger an estate becomes, the more important it is to look beyond a will alone. A comprehensive estate plan can help reduce delays, protect beneficiaries and ensure your wealth passes according to your wishes. An experienced estate planning attorney can evaluate your family's unique circumstances and help create a strategy that reflects the legacy you have spent a lifetime building. ]]> On Behalf of Grant & Grant <![CDATA[Should I keep my estate plan in a safe deposit box?]]> https://www.grantandgrant.net/?p=47330 2026-06-03T19:28:18Z 2026-06-09T19:01:35Z Why banks can be a bad place for wills Many Hoosiers believe a bank vault is the safest place for a will. In reality, this choice often creates a frustrating loop for your loved ones. When an account holder passes away, banks usually freeze access to safe deposit boxes. Your family might need a court order just to look for the will that gives them the power to open the box in the first place. This delay can stall funeral plans and property management for weeks.

Smart storage alternatives to consider

Instead of a safe deposit box, you can decide to keep your documents safe in other locations. Choose a place that balances security with easy access for your chosen representatives. Storage options might include:
  • A fireproof and waterproof home safe with a shared code or key location
  • The office of the attorney who drafted the documents
  • A clearly labeled binder kept in a home office for easy reference
Each of these options ensures that your paperwork remains protected from damage while staying within reach. Make sure your personal representative knows exactly where to find everything and how to access it.

Who needs copies right now?

Some documents require immediate access during a crisis. For instance, medical directives must be available the moment an emergency occurs, and financial powers of attorney are needed to manage your bills. Ensure these people have copies of your instructions:
  • Your primary physician and the person named as your healthcare representative
  • Your personal representative so they can understand their future legal duties
  • Successor trustees or financial agents who may need to manage your assets
Providing these copies ahead of time prevents confusion during stressful moments. This step ensures your agents can step in and help exactly when you need them most. A solid estate plan provides a roadmap for your family. By keeping your estate plan safe and accessible to appropriate parties who know where to find it, you make an incredibly difficult time for your loved ones a little easier.]]> On Behalf of Grant & Grant <![CDATA[Are Indianapolis roads getting safer?]]> https://www.grantandgrant.net/?p=47329 2026-06-03T18:48:03Z 2026-06-08T18:44:15Z People in Indiana get hurt in severe car crashes and lose loved ones in collisions all too often. Every year, law enforcement agencies gather information about every crash that occurs so that state agencies can analyze that data and act accordingly.  State and city lawmakers are not only looking at ways to change these trends,  they are actively investing in solutions. In 2025, over $70 million was invested in safety-related projects across Indianapolis. The Vision Zero Task Force is currently working to design safer streets and eliminate all traffic fatalities and serious injuries by 2035.   But how effective are these efforts?

Declining fatalities and the road ahead

According to the task force’s first annual report, their efforts are improving Indianapolis road safety. Traffic-related deaths dropped by almost 30% over the last few years, and they are seeing a 16% year-over-year decrease.  Despite this downward trend, officials emphasize that the 85 lives lost in the past year represent a total that is still far too high, signaling that more work is needed to ensure public safety. This work includes following advice from fatal crash review teams, increasing traffic enforcement and adding community-powered infrastructure.

Ongoing risks for pedestrians and cyclists

Vulnerable road users like cyclists and pedestrians continue to express concerns about daily hazards. Public feedback highlights specific infrastructure issues, such as the timing of intersection walk signals that put pedestrians in direct conflict with drivers turning right.  While the city has launched a PSA campaign featuring IndyCar drivers to encourage safer habits, many residents feel that navigating the streets still feels treacherous.

Using extra caution at the wheel

Despite recent improvements in vehicle safety and enforcement efforts, serious car accidents still happen. The continuing prevalence of distracted driving, disregard for traffic ordinances and surges in impaired driving continue to contribute to the number of collisions that occur. While you cannot control those factors, you can reduce your risk by focusing on your own safety behind the wheel. Pay attention, obey the law and drive defensively. Don't leave your well-being to chance. Take control of your safety every time you get behind the wheel.]]> On Behalf of Grant & Grant <![CDATA[Choosing the right personal representative for your estate]]> https://www.grantandgrant.net/?p=47327 2026-06-03T16:12:48Z 2026-06-05T15:48:40Z Focus on skills rather than sentiment A good candidate should have specific traits that can keep the probate process moving smoothly. Look for someone who is:
  • Organized and detail-oriented, so they can track court deadlines and paperwork
  • A strong communicator, whether they are speaking with family members, creditors or legal professionals
  • Comfortable working with numbers and handling basic financial forms
  • Has the time and resources to tackle this process on top of their existing job, family and financial responsibilities
You must also be sure that you do not select someone who is unfit or legally barred from serving in this role. Under Indiana laws, these parties include anyone convicted of a felony, under the age of 18 or incapacitated.

Practical realities of the role

Location is another factor to consider when making your choice. While a personal representative does not have to live in Indiana, being local makes a difference. A person nearby can easily check on a house, meet with appraisers, attend court hearings, and address the many small errands that come with closing an estate. Sometimes the best person for the job is someone who can stay neutral during emotional times. If you expect your heirs might disagree, a neutral third party like an attorney can help keep the peace.

Finalizing your choice

Discussing the role with your chosen person before signing your documents is a smart move. Their consent ensures they are ready for the responsibility. Taking the time to choose the right person protects your legacy and makes a difficult transition easier for everyone involved.]]> On Behalf of Grant & Grant <![CDATA[Recovering damages when you were partly at fault for a crash]]> https://www.grantandgrant.net/?p=47326 2026-06-03T15:40:35Z 2026-06-04T15:57:31Z The 51% threshold Under Indiana negligence laws, your legal option to recover compensation depends on your assigned percentage of fault. You may seek damages as long as your responsibility for the accident does not exceed 50%. If you are 51% or more at fault for an accident, the law prevents you from recovering any compensation from the other people involved in the crash. This specific cutoff is a central part of the Indiana claims process.

How shared responsibility affects compensation

When multiple parties share fault, courts adjust the total financial recovery to reflect each person’s role in the event. The law requires that any award be reduced by the claimant’s own percentage of responsibility. Here are some examples for how this math works:
  • At 0% fault, a person can receive the full amount of awarded damages.
  • At 25% fault, a person's recovery is reduced by 25% of the total value.
  • State law bars any recovery for a person at 51% fault.
These calculations ensure that the financial outcome of a claim aligns with the specific facts of the collision. Because even a small change in percentage impacts the final payout, documenting the scene and establishing exactly what happened is very important.

Determining percentages in a claim

Assigning fault is complex and requires familiarity with crash logistics and the law. Insurance professionals and legal teams review police reports, witness statements and vehicle data to establish a clear picture of the accident. Because the 51% threshold is so definitive, providing clear and documented evidence is a key part of resolving any motor vehicle claim in Indiana. The difference between 49% fault and 51% fault is the difference between getting compensation and getting nothing. A detailed investigation can ensure your percentage of fault remains as low as the evidence allows.]]> On Behalf of Grant & Grant <![CDATA[How long does it take to get compensation for a car accident?]]> https://www.grantandgrant.net/?p=47328 2026-06-03T16:18:50Z 2026-06-03T16:18:50Z car accident can leave you dealing with more than just injuries and the need to replace a vehicle. It can cause serious financial strain. Anyone who is in a crash and believes the other driver’s negligent or reckless actions caused the crash may wonder when they will get funds to help cover the costs that result from the accident. The answer can range from a few weeks to well over a year, depending on the facts of the case and the cooperation of the parties involved. While there is no universal schedule, understanding the common stages and the factors that slow or speed the process can help you set realistic expectations.

The typical timeline for a car accident claim

Most claims follow a predictable path. Some steps move quickly, while others depend on medical progress and negotiations. In general, you can expect these milestones.
  • Initial investigation and reporting (days to weeks): It is helpful to gather police reports, photos, witness statements and insurance notifications. Delays can occur if reports are not immediately available.  
  • Medical treatment and documentation (weeks to months): It is generally wise to value the claim when your condition stabilizes. It can take weeks or longer to understand the impact of a condition like a traumatic brain injury. Settling too early can result in inadequate compensation.  
  • Demand package and negotiations (weeks to months): You can submit a demand when you have a better understanding of the true damages. Negotiations may resolve quickly or require multiple rounds.  
  • Settlement payment or litigation (weeks to years): After a signed settlement, payment is generally made within weeks. If a lawsuit is necessary, the timeline expands due to discovery, motions and court scheduling.
These steps explain why straightforward cases can resolve in a few months, while cases involving disputed liability or extensive treatment can take much longer.

What affects how fast you get paid

Several variables can impact when you will get the agreed upon compensation. The more complexity involved, such as disputes over liability or the presence of serious injuries, the longer it usually takes to reach a fair result. Knowing these factors can help to prioritize documentation and timing, especially when medical recovery is still unfolding.]]> On Behalf of Grant & Grant <![CDATA[Who gets the dog? Pet estate planning in Indiana]]> https://www.grantandgrant.net/?p=47324 2026-06-03T13:43:21Z 2026-06-03T13:43:21Z A legal safety net for your animals Indiana laws recognize a specific trust for care of animal to solve this problem. Unlike a simple will, a pet trust creates a legally binding set of instructions for a pet’s care, including appointing a trusted person to enforce it. The money you set aside in this type of trust is used specifically for the animal's needs. This legal arrangement continues until the last animal covered by the trust passes away.

Why a trust beats a verbal promise

Relying on a friend's promise to take in your pet can be risky because circumstances change. A formal trust offers several distinct advantages over informal agreements or standard Wills:
  • Immediate care: Trusts can take effect the moment you are unable to care for your pet, skipping the long delays of the probate process.
  • Detailed standards: You can specify everything from preferred food brands and veterinary clinics to daily exercise routines.
  • Financial oversight: A trustee manages the funds to ensure the caregiver uses the money as you intended.
These provisions help prevent family disputes and reduce the risk of your pet ending up in a crowded shelter. By formalizing these details, you provide clarity for your loved ones during a difficult time.

Setting the stage for a smooth transition

Setting up a pet trust can provide a roadmap for a pet’s happiness. When you name a dedicated caregiver and provide the necessary resources, you give your pet a stable environment during an already stressful time. A thoughtful estate plan ensures that every member of your household is protected, regardless of how many legs they have.]]> On Behalf of Grant & Grant <![CDATA[3 reasons to update your estate plan after the end of a marriage]]> https://www.grantandgrant.net/?p=47325 2026-06-03T13:37:46Z 2026-06-03T13:37:46Z The end of a marriage often brings major changes to daily life. Along with adjusting to new routines, financial responsibilities and family relationships, many people also need to review important legal documents. Estate planning may not seem like a priority during or after a divorce. However, an outdated plan can create confusion and problems later. In Indiana, divorce can affect certain estate planning documents. Still, not every issue resolves automatically. Reviewing and updating an estate plan can help ensure that it reflects current wishes and protects the people who matter most.

1. Beneficiary designations may no longer match your wishes

Many financial accounts pass directly to named beneficiaries. These assets may include retirement accounts, life insurance policies and payable-on-death bank accounts. While Indiana law may automatically revoke some beneficiary designations after a divorce, that does not apply in every situation. Certain accounts may follow different rules, and federal law can override state rules for some employer retirement plans. Outdated paperwork can also create delays when funds are distributed.

2. Decision-making authority may need to change

Estate plans often include documents that give someone authority to make financial or health care decisions if a person becomes unable to act on their own. Many married people name their spouse for these roles. After a divorce, a person may want a different trusted individual in that role. Updating powers of attorney and health care directives can help prevent uncertainty during an emergency. It can also reduce the risk of disputes among family members about who should make important decisions.

3. Family circumstances may look very different

A divorce often changes long-term financial goals and family priorities. Parents may want to revisit guardianship nominations, trust provisions or inheritance plans involving children. Some people also need to address new property arrangements, support obligations or blended family concerns. An estate plan should reflect current circumstances rather than assumptions made during an earlier stage of life. Regular updates can help keep the plan in line with changing needs and priorities. A divorce can affect many parts of an estate plan. That makes a careful review an important step after the marriage ends.

Taking steps toward a fresh start

Updating an estate plan involves more than changing names on documents. It gives people a chance to create a plan that reflects their current and future goals, relationships and responsibilities. For guidance based on a specific situation, consider speaking with an experienced Indiana estate planning attorney.  ]]>