While the terms “Medicare” and “Medicaid” sound similar, it is important to understand that these government programs are very different in both purpose and coverage. First, eligibility for Medicare, unlike Medicaid, is not based on the individual’s finances. To be … Continue reading
Category Archives: Elder Law
Transfer on Death Deed… New Economical Option in Indiana Estate Planning
For many, the family home is an asset unlike any other, not only is it of monetary value but of sentimental value as well. Therefore, the transfer of the family home upon death has become an important issue for many … Continue reading
Anatomy of the Probate Process
When a loved one dies, it is likely that the burden of planning a funeral and executing the loved one’s last wishes is placed upon the grieving family. Probate is the legal process of administering the estate of a decedent, … Continue reading
Governor Mitch Daniels Signs Inheritance Tax Phaseout
Indiana will soon join 28 other states who do not impose inheritance taxes. On March 21, 2012, Indiana Governor Mitch Daniels signed a bill to phase out Indiana’s inheritance tax. The new phase-out plan will decrease inheritance tax in stages … Continue reading
Why it’s important to budget for a possible extended nursing home stay NOW…
While the importance of financially planning for retirement and old age are at the forefront of people’s minds, many are under the false impression that Medicare will serve to cover long-term care costs and therefore may not budget their money … Continue reading
The Importance of Establishing Paternity for Inheritance Purposes
Unbeknownst to many, in order for a child to be recognized as a potential heir to a person who has died intestate or without a will, a parent-child relationship must be recognized. This is not an issue for children born … Continue reading
The Importance of Estate Planning Post-Divorce
While many believe that a decree of dissolution of their marriage is the cure-all to a troublesome marriage, many aren’t aware of the steps that should be taken post-dissolution to protect their interests. It is at this instance in the … Continue reading
The Uncertain Future of Inheritance Tax in Indiana
Under Article 4.1 of the Indiana Code, the state of Indiana currently taxes inheritances received by certain people. However, as of last week, the Indiana House has approved legislation to phase out Indiana’s inheritance tax, and the Senate voted to … Continue reading
Will Can Be Admitted in Indiana After Being Denied Probate in Illinois
On January 4, 2012, the Indiana Court of Appeals followed the majority rule by concluding that another state’s determination that a will is invalid has no effect on the validity of the will in Indiana as it pertains to the … Continue reading
Is a Living Trust right for you?
Estate planning, to many, is a daunting process with an overwhelming amount of factors and choices to be considered. However, with the help of an attorney in assessing you and your family’s goals and assets, estate planning does not have … Continue reading

