You’re used to your parents making important decisions and taking the lead. After all, that’s what they did when you were growing up. But, the reality is that age catches up with all of us and we are not always going to be able to handle our own finances. As your...
Year: 2022
What is Medicaid’s five-year look back?
Medicaid is a program that assists low-income seniors with medical costs. When a senior applies for the program, Medicaid will conduct a five-year look back. Because Medicaid is a program for people with low income, the financial records and assets of the applicant...
2 important rules when selling a home during probate
For many Indiana estates, the home of the deceased will be the most valuable property they leave for their loved ones. Sometimes, a beneficiary will assume possession of the home and live there. Other times, the executor will have the responsibility of selling the...
2 signs that undue influence over a senior may be at play
Estate planning can benefit anyone, but it is often elderly and potentially vulnerable people who take center stage. There are so many different estate planning documents that serve numerous purposes. It’s vital that estate planning meets the needs of your loved one,...
A closer look at elder self-neglect
When most of us think of people who perpetrate elder abuse, we usually think of nursing home staff or at-home caregivers, such as a family member or a hired professional. That, however, is just one form of elder abuse. A senior citizen who is unable, for physical or...
3 qualities of a good executor
Good estate planning can make the lives of your family easier after you pass away. You need the right person to handle your estate so your heirs get everything in pristine condition. An executor of an estate handles all the business of protecting and maintaining your...
Should you use a DNR or a medical power of attorney?
You know that it's hard to predict your future, in a medical sense. You want to address this when you're doing your estate planning. One option that you have is to simply use a Do Not Resuscitate order, often called a DNR. This means that you do not want to be kept on...
When should you intervene for a struggling family member?
People seek guardianships for a variety of family situations. Maybe you have a child or a sibling with special needs. They are about to become a legal adult but still struggle to manage their daily life without support. Perhaps one of your parents or grandparents has...
What is the cost of a nursing home in Indiana?
As you plan for how you want to spend your later years in your life, you may be aware that you could have to live in a nursing home. Maybe you have some medical conditions that you know you're not going to be able to work around forever. Perhaps you're just conscious...
Will a no-contest clause actually work?
If you don't want anyone to contest your estate plan or start an estate dispute, you might consider using a no-contest clause. The way that this works is by stating that, should someone start such an estate dispute, they forfeit anything that they would have...