• Limited liability and protecting personal assets.
• Creates credibility with business customers and clients.
• The risk of audit can be reduced in some cases.
• It becomes easier to deduct certain valid expenses.

An Indiana LLC offers all of the advantages that most people would point to when assessing whether to form an Indiana LLC as opposed to a corporation.  Those would include:

• An Indiana LLC provides a great deal of flexibility and organizational freedom.
• An Indiana LLC can be member managed, manager managed, can have any number or type of officers.
• An Indiana LLC has less requirements, restrictions and formalities under Indiana law.
• An Indiana LLC can allocate profits, losses, and distrubutions among members in whatever manner the members agree to – not so for a corporation and its shareholders.
• An Indiana LLC has far fewer restrictions than an S corp and can have as many members as it needs.
• An Indiana LLC can enjoy pass though taxation.  Any business profit or loss is passed through to the members, so that they pay the taxes individually on their personal income tax returns.  Paying tax at the business level is avoided for an LLC.

Finally, forming an Indiana LLC does have a few advantages over forming an LLC in a different state:

• Forming an Indiana LLC is fast!  The process of filing articles of organization with the Indiana Secretary of State can be done electronically – and in most cases – your Indiana LLC can be up and running within 24 hours.  Some states require documents to be mailed to the state, while other require that certain notifications be published in the newspaper – all of which can take weeks!
• Forming an Indiana LLC is can be a private and confidential process.  Most other states require that the name and address of members, managers and/or officers of the LLC be filed as a matter of public record.  Indiana only requires that the name and address of the registered agent of an Indiana LLC be filed (which can be anyone located in the state of Indiana – typically an attorney or registered agent service provider).
• Forming an Indiana LLC only requires a $87.00 filing fee with the state (which is included in in all of our LLC formation packages).  Some other states charge double, triple, and even quadruple that amount.

• An Indiana LLC is a “hybrid entity”, one in which co-owners enjoy the liability protection of limited partner status and the management participation feature of the general partners. Indiana adopted its limited liability company statute, known as the Indiana Business Flexibility Act, in 1993.
• The owners of an Indiana LLC are called “members” – akin to shareholders in a corporation.
• An Indiana LLC can be managed by either its members or a board of managers.
• The Indiana Business Flexibility Act provides default rules defining the rights, duties and obligations of the members, and their relationship among each other and with the Indiana LLC itself.  Most of these rules may be altered by the terms of an operating agreement.
• An Indiana LLC is formed upon filing articles of organization with the Indiana Secretary of State’s office.
• An Indiana LLC itself usually does not pay any tax, although some states other than Indiana do subject limited liability companies to franchise taxes.
• A major difference between a partnership and a limited liability company is that each of its members enjoys liability protection. Another major difference is that in recent years, most states, including Indiana, have recognized limited liability companies with only one owner. This means that you can protect yourself from personal liability and yet still operate your business, in many ways, as you would a sole proprietorship (presuming you comply with the formalities of the limited liability company).
• These so-called “single member LLCs” offer an important tax advantage – annual information can be reported on the owner’s individual tax return, and no separate tax return or identification number is required.

If you are starting a new business, forming an Indiana Limited Liability Company is an excellent option available to you (click here to learn more about why you might form an Indiana LLC. By purchasing this package, we will form an Indiana Limited Liability Company for you, and provide you with the following to get your business entity up and running legally – FAST:

• Articles of Organization that have been filed with the Indiana Secretary of State (the filing fee of $87 is included in your price!).
• A Certificate of Organization from the Indiana Secretary of State.
• A Single Member Operating Agreement.
• Organizing Resolutions of the Members or Managers.
• A Membership Interest Certificate, evidencing your ownership interest in your new Indiana LLC.
• A memo with instructions on what to do with your documents, how to apply for an EIN, various state reporting requirements, and advice regarding how to maintain the limited liability protections provided by your LLC.

We provide this all to you within 3 business days (weekends and holidays not included) of your submission of a completed Indiana LLC Setup / Formation PackageQuestionnaire.  (If you need faster service, try our expedited Indiana LLC Setup / Formation Package service for 24 hour turnaround).

You will receive a single PDF file containing all of your documents.

Click on the link above to purchase.  A new window will open asking you to register of login.

1. Have a will drawn up.  Your will should state who you want to inherit your assets when you die. If you are married, make sure that both you and your spouse each have a will.  If you have children, you should name a guardian for those children in your will;  you may also want to have your will create a contingent trust to hold and distribute assets for your children until they become adults (naming a trustee to administer the trust also).  Our Indiana Simple Will allows you to do all of that.
2. Get a Durable Power of Attorney.  A Durable General Power of Attorney is usually used to allow your attorney-in-fact to handle all of your affairs during a period of time when you are unable to do so. A Durable General Power of Attorney is frequently included as part of an estate plan to make sure that you have covered the possibility that you might need someone to handle your financial affairs if you are unable to do so.
3. Consider a Trust.  Trusts allow you to put conditions on how and when your assets will be distributed when you die. They also may reduce estate and gift taxes, as well as allow for distribution of assets to your heirs without the cost, delay and publicity of probate court. Some also offer greater protection of your assets from creditors and lawsuits.
4. Create Advance Health Care Directives.  Healthcare Directives / Advance Directives protect your right to refuse any medical treatment you do not want, or to request any treatment that you do want, in the event that you lose the ability to make decisions for yourself.
5. Appoint a Healthcare Power of Attorney / Healthcare Personal Representative. A Healthcare Power of Attorney lets you name someone to make certain decisions (healthcare, financial…etc) on your behalf in the event you are unavailable or not able to speak for yourself. Your can also appoint a “health care representative” – which under Indiana law means that person may make decisions concerning the withdrawal or withholding of health care; without being appointed as your healthcare representative, your attorney-in-fact will not have this power.  Our Indiana Healthcare Power of Attorney form allows you to do this.
6. File Beneficiary Form for Bank Accounts.  Naming a beneficiary for your bank accounts and retirement accounts typically makes those accounts  ”payable on death” automatically to your beneficiary – skipping the probate process.  Talk to your bank or retirement account administrator.
7. Explore Life Insurance.  If you have minor children and/or a mortgage, or will have other unpaid debts when you dies, you should consider obtaining a life insurance policy.  Here is an excellent post on exploring life insurance options.
8. Discuss Your Estate Plans With Your Heirs and People that are Responsible (trustees, executors…etc) under your plan. This will help prevent confusion about inheritance and what your wishes are, regardless of how well they are spelled out in writing. Make your wishes known regarding organ donation whether you desire burial or cremation.
9. Plan Ahead for the Succession of Your Business.  Make sure your wishes regarding how the ownership passes are known, planned for, and properly documented.  If you are not the only owner, make sure you have a buy-sell agreement in place with the other owners.

This Indiana Simple Estate Planning Package provides essential documents for you to create a simple estate plan to ensure that your estate is handled properly in the event you become disabled, incapacitated, otherwise unable to manage you estate yourself, or pass away.  The documents in this Indiana Simple Estate Plan will:

• Provide how your assets, property and wealth will be distributed upon your death.
• Allow you to appoint a guardian for your children.
• Allow you to appoint an attorney-in-fact (with power of attorney) to manage your affairs in the event you are unable to do so.
• Allow you to appoint a health care attorney in fact and healthcare representative to make decisions about your medical care when you are unable to do so.
• Allow you make your wishes known regarding choosing or refuse life-prolonging procedures in the event that you develop a terminal condition and can no longer make your own medical decisions.

Without a simple estate plan in place, there is no way to ensure that your wishes and preferences are followed.

This Indiana Simple Estate Plan includes the following documents:

• Indiana Last Will and Testament (for Married individual, with or without children).
• Indiana Living Will Declaration.
• Indiana Durable Power of Attorney.
• Indiana Healthcare Power of Attorney (with optional appointment of Healthcare Representative).
• Indiana Life Prolonging Procedures Declaration.

By purchasing this package, a married couple will have the opportunity to create each document listed above for each spouse.

It should be noted that property which is owned via joint tenancy with a right of survivorship may not be distributed via an Indiana will, as such property will pass to the surviving joint tenant upon death. It should also be noted that an Indiana will not alter a beneficiary to a life insurance policy; such an alteration must be made directly with the insurance carrier itself.   This Indiana Last Will and Testament is not designed for a complex and/or large estate that may raise special tax considerations. This Indiana Last Will and Testament should be used only for a basic estate which is below the threshold for the payment of inheritance tax and where discretionary trusts and settlements would not be required.

Once you purchase this package, the documents referenced above will be available in your for your completion.  Once you complete the questionnaire for each document, you may download it immediately.  You will have the option of submitting each document for review by an attorney a single time.  You will also receive a memo explaining exactly what you should do with each of your Indiana Simple Estate Plan Documents and to make sure that each one is executed properly.

• Provide how your assets, property and wealth will be distributed upon your death.
• Allow you to appoint a guardian for your children.
• Allow you to appoint an attorney-in-fact (with power of attorney) to manage your affairs in the event you are unable to do so.
• Allow you to appoint a health care attorney in fact and healthcare representative to make decisions about your medical care when you are unable to do so.
• Allow you make your wishes known regarding choosing or refuse life-prolonging procedures in the event that you develop a terminal condition and can no longer make your own medical decisions.

Without a simple estate plan in place, there is no way to ensure that your wishes and preferences are followed.

This Indiana Simple Estate Plan includes the following documents:

• Indiana Last Will and Testament (for Married individual, with or without children).
• Indiana Living Will Declaration.
• Indiana Durable Power of Attorney.
• Indiana Healthcare Power of Attorney (with optional appointment of Healthcare Representative).
• Indiana Life Prolonging Procedures Declaration.

It should be noted that property which is owned via joint tenancy with a right of survivorship may not be distributed via an Indiana will, as such property will pass to the surviving joint tenant upon death. It should also be noted that an Indiana will not alter a beneficiary to a life insurance policy; such an alteration must be made directly with the insurance carrier itself.   This Indiana Last Will and Testament is not designed for a complex and/or large estate that may raise special tax considerations. This Indiana Last Will and Testament should be used only for a basic estate which is below the threshold for the payment of inheritance tax and where discretionary trusts and settlements would not be required.

By purchasing this package, you will have the opportunity to create each document listed above for a single spouse.  For married couples who need an Indiana Simple Estate Plan Package for each spouse, please select this package.

Once you purchase this package, the documents referenced above will be available in your for your completion.  Once you complete the questionnaire for each document, you may download it immediately.  You will have the option of submitting each document for review by an attorney a single time.  You will also receive a memo explaining exactly what you should do with each of your Indiana Simple Estate Plan Documents and to make sure that each one is executed properly.

Our interactive questionnaire will gather information about you, and allow you to:

• Name the personal representative (and a backup) that will be in charge of administering your estate.
• Name a guardian (and a backup) to take care of any minor children that survive you.
• Have a contingent trust created for property distrubuted to any minor children that survive you, as well as name a trustee for such trust.

Some basic requirements for Indiana wills under Indiana Law:

• The testator must be at least 18 years old or who is younger and a member of the armed forces, or of the merchant marine of the United States, or its allies.
• The testator must be of sound mind.
• An Indiana will must be signed by the testator, or another person under the testator’s direction and presence may sign the will.
• Two or more witnesses must witness the testator sign the Indiana will and are required to sign in the presence of the testator and each other.
• An Indiana will must be in writing to be valid.

It should be noted that property which is owned via joint tenancy with a right of survivorship may not be distributed via an Indiana will, as such property will pass to the surviving joint tenant upon death. It should also be noted that an Indiana will not alter a beneficiary to a life insurance policy; such an alteration must be made directly with the insurance carrier itself.   This Indiana Last Will and Testament is not designed for a complex and/or large estate that may raise special tax considerations. This Indiana Last Will and Testament should be used only for a basic estate which is below the threshold for the payment of inheritance tax and where discretionary trusts and settlements would not be required.

By purchasing this Indiana Will, you will have the opportunity to create a single Indiana will for each spouse.

Once you have completed the online questionnaire, you will receive a word document containing  your Indiana Will.  You will have the option of submitting your document for review by an attorney a single time.  You will also receive a memo explaining exactly what you should do with your Indiana will to make sure it is executed properly.

Before purchasing, please not that the declarant for an Indiana Life Prolonging Procedures Declaration must be at least 18 years old and of sound body and mind.

Once you have completed the online questionnaire, you will receive a word document containing your Indiana Living Will Declaration. You will have the option of submitting your document for review by an attorney a single time. You will also receive a memo explaining exactly what you should do with your Indiana will to make sure it is executed properly.

Your health care attorney-in-fact can be a family member or a close friend whom you trust to make serious decisions. The person you name as your health care attorney-in-fact should clearly understand your wishes and be willing to accept the responsibility of making medical decisions for you. Your health care attorney-in-fact must be an adult, eighteen years of age or older.  In order for this document to be legally binding, the declarant must be a competent person who is at least 18 years of age.

An Indiana health care attorney-in-fact has the specific power to:

• employ or contract with servants, companions or health care providers for the principal;
• admit or release the principal from any hospital or health care facility;
• have access to any records, including medical records, concerning any condition;
• make anatomical gifts on behalf of principal;
• request an autopsy; and
• make plans for the disposition of the principal’s body.

This form also allows you to appoint your health care attorney-in-fact as your “health care representative” – which under Indiana law means that person may make decisions concerning the withdrawal or withholding of health care; without being appointed as your health care representative, your attorney-in-fact will not have this power.

Once you have completed the online questionnaire, you will receive a word document containing your Indiana Health Care Power of Attorney. You will have the option of submitting your document for review by an attorney a single time. You will also receive a memo explaining exactly what you should do with your Indiana health care power of attorney to make sure it is executed properly.

A few things to note before purchasing:

• A pregnant patient’s Living Will Declaration will not be honored under Indiana state law.
• The declarant must be over the age of 18 and of sound mind.

Once you have completed the online questionnaire, you will receive a word document containing your Indiana Living  Will Declaration. You will have the option of submitting your document for review by an attorney a single time. You will also receive a memo explaining exactly what you should do with your Indiana living will to make sure it is executed properly.