It is certainly better to have a simple estate plan than to have nothing at all. When you consider that most Americans don’t even have a will telling their heirs what to do with their money, the need for this type of planning becomes clear. But is it enough? Here are...
Indiana's Medicaid program is only accessible to those with real financial needs. You typically have to show that you have both limited income and limited personal assets to get benefits. Usually, your home will be one of the few assets that won't count against you...
Planning long-term care ahead of the time your elderly parent or relative may need this service is helpful. Preplanning may reduce the stress and financial burden on you and your family. Because you may not know what the future holds for your relative, it is important...
Did you know that for every reported case of financial elder abuse, hundreds or perhaps thousands of others go unreported? Elderly individuals and their families here in Indiana might not know about such abuse until significant damage occurs. The Consumer Financial...
When you enter your senior years, you may anticipate a peaceful and carefree existence. Most elders residing in Carmel, Indiana, do not expect an illness or other incapacitating event to occur, especially those that take steps to remain fit. Unfortunately, life...
Powers of attorney are important estate planning documents. The two main types are legal (financial) and medical. We have already touched on how a financial power of attorney (POA) works, so now it’s time to consider a medical power of attorney. For many people, it...
You want to use your will to divide all of your assets, if possible, and you know that this document is where you can split up the physical assets you own, your family heirlooms and the cash you have in various accounts. You simply have to state which assets you want...
When we are children, we believe everything our parents and grandparents say. Even as we age, most of us still look to our elders for guidance through life’s many challenges. An unfortunate side effect of this unfailing trust in our elders is the inability to...
People often don't realize the limitations of Medicare until they don't have the coverage they need. Medicare doesn't offer very robust rehabilitation coverage. It also won't pay for skilled in-home nursing support or nursing home expenses. Therefore, many people find...
There are a variety of reasons someone may relocate from one state to another. A move for a job or returning home after retirement are just two reasons why people do so. If you've taken steps to craft an estate plan, including drafting a will, then you're ahead of the...
