Blog

What Are The Best Strategies To Consider In Anticipation Of Needing Long-term Skilled Nursing Care? Based on current data, the average annual cost for a stay in a nursing home in Indiana is a staggering $60,000 per year. For many middle-class Americans, this amount – particularly if both spouses need care – is enough to deplete a sizable nest egg…Read More

There are many factors to consider when deciding whether or not to implement Medicaid planning. If you’re in good health, now would be the prime time to do this planning. The main reason is that any Medicaid planning may entail using an irrevocable trust, or perhaps gifts to your children, which would incur a five-year look back for Medicaid qualification…Read More

There are certain considerations that should be kept in mind for those with chronic illnesses. Before addressing this issue, there should be some clarification as to the definition of "chronically ill." There are at least two definitions of chronically ill. The first is likely the most common meaning, which is an illness that a person may live with for many…Read More

What Do I Need To Know About ‘Digital Estate Planning,’ Particularly With Regard To My Intellectual Property And Online Assets? In today’s modern times, estate planning encompasses more than the family jewels and heirloom China. With the concept of “digital assets” expanding rapidly, clients and estate planners alike should be intimately aware of the pitfalls awaiting anyone failing to take…Read More

The aim of non-compete agreements is to bar departing employees from working for your business competitors or from starting a competing business. These agreements used to be reserved for high-level employees or people working in certain fields who had access to sensitive information. While non-compete agreements are becoming more common, they are only enforceable to a limited degree and in…Read More

How Can I Ensure That I Stay At Home Until I Die? One of the most common questions we get from our clients when we are putting together health care power of attorney documents is whether the document will allow their designee to put them into a nursing home against their wishes, because, “I want to live at home until…Read More

What Should I Do If I Suspect My Elderly Relative Is Being Abused? Until recently, elder abuse was something people didn’t really talk about. But over the past few years, Indiana has gotten serious about tackling this issue. In fact, Indiana is the only state that has tied its Adult Protective Services (APS) Program directly to its criminal justice system,…Read More

How Should I Communicate My Wishes About My Funeral And Burial To My Family? Many people have very specific wishes about what they want their funeral to be like and what they want to happen to their body after they die. A very common misconception is that those wishes should be included in your will. Putting your funeral plans and…Read More

How Can I Prepare For Creating An Estate Plan? For most people, a trip to their attorney’s office is as about as welcome as a root canal. We get it. We know you would rather be doing almost anything else with your time. So, we’ve put together this list of four items you should bring to your first estate planning…Read More

My Spouse And I Maintain Assets Approaching The Federal Estate Tax Threshold. Should We Look Into Transferring Our Assets To Trust? Currently, the federal government may impose an estate tax on transferred assets of $5.43 million per individual, or $10.86 million per couple, with a top taxation rate of 40 percent. For higher net-worth couples, a 40 percent tax rate…Read More