Indianapolis, Indiana Law Firm of Hocker Law, LLC

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What happens to my money during a divorce?

Stress, anxiety and fear undermine many marriages. This is even more true today, with troubled couples navigating their way through the coronavirus pandemic. If your marriage was rocky before, the virus may push you and your spouse closer to divorce. If that is the case, you have many questions. None is bigger than the fiscal...

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The U.S. Supreme Court rules in favor of DACA program

In 2017, the Trump administration rescinded the Deferred Action for Childhood Arrivals (DACA) program, which is an immigration policy that makes non-citizen immigrants without criminal records eligible for a renewable two-year period of deferred action from deportation. On June 18, 2020, the U.S. Supreme Court ruled the Trump administration's decision unlawful. Thus, the DACA program was...

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Staying focused on divorce during the pandemic

Getting divorced is very stressful. Getting divorced during a pandemic is even more stressful. Courts have been closed. Business and schools have been impacted. Your job may have been affected. You want to move forward with your life, but it seems like so many things are out of your control. What can you do? You...

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Estate planning is key to protecting your Social Security benefits

Many people depend on Social Security benefits: retirees, people who are disabled, widows and widowers. Unfortunately, many people overlook Social Security benefits when going through the estate planning process. An experienced estate planning attorney knows it’s critical to protect these benefits if a Social Security recipient ever becomes incapacitated or otherwise cannot make decisions on...

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Tips for co-parenting during COVID-19

This is an unprecedented situation for those with parenting time and custody orders. Stay at home orders, e-learning and temporary business closures are affecting many parents and children. Here are some tips for co-parenting: Consistency is key! Try to keep your regular parenting time schedule, including summer schedule. If possible, utilize the other parent for...

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How will Indiana's shelter-in-place order impact families?

In response to the novel coronavirus (COVID-19), Indiana Governor Eric J. Holcomb declared a statewide public health emergency on March 6, 2020. On March 23, Governor Holcomb issued a "shelter-in-place" order (Executive Order 20-08) urging Indiana residents to stay home unless travel is essential. For most people, this simply means to stay home unless traveling to work,...

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What are estate planning tips for new parents?

No one likes to think about it, but tragedy can strike a young family. That’s why life insurance is important. If one parent dies, life insurance funds provide for the ongoing care of the surviving children. If both parents die, the money provides for their children through young adulthood. In most cases, term life insurance...

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How will the SECURE Act impact my estate plan?

The Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019 became law on December 20, 2019. It's designed to prevent older Americans from outliving their assets. The new law will have an impact on estate plans involving IRA accounts, however. An estate planning strategy called a "stretch IRA" allows IRA account holders to...

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What you should know about rent-to-own agreements when purchasing a home

Not everyone can afford to buy a house, either due to limited income or a poor credit rating. Indiana residents dealing with financial constraints may have other options, however. A process dubbed rent-to-own may be the best option, according to The Street, a personal finance publication. Rent-to-own agreements only apply to tenants who have already rented...

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