Hoosier Estate Planner
The Importance of Planning for the Unexpected
By Cara M. Chittenden The sudden rise of the coronavirus, COVID-19, has left many unprepared and confused. There are numerous reports of shortages of antibacterial hand sanitizer, disinfecting wipes, and even toilet paper. While we can’t predict when something like...
What Can You Do to Protect Your Loved One in a Nursing Home During the Pandemic?
By Rebecca W. Geyer As the coronavirus spreads across the United States, nursing home residents are among the most vulnerable to the disease. How can you try to ensure that your loved one stays healthy? The first thing you can do is research the nursing home. While...
Healthy planning can aid you in finding long-term care
Long-term care can cost a fortune. You might save your whole life and still not have enough. There are programs in place to help you get the care you need, but that assistance isn’t guaranteed. A private room in a care facility in Indiana will cost an average of over...
Caregivers Are Getting Younger, Making Planning for Long-Term Care Even More Important
By Cara M. Chittenden As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about priorities. Proper planning can help them navigate this...
Balancing Caregiving and Your Career
By Dara M. Hensel Providing care for a senior family member, particularly long-term care, can bring about lost wages and missed opportunities for the caregiver. A report by Genworth entitled Beyond Dollars 2018 shows that although statistically having to miss work to...
In Settling Estates, Creditors’ Rights Come First
While one good goal of estate planning is avoiding probate, when it comes to avoiding taxes or debts, probate avoidance just doesn’t “do the trick”. That’s because in Indiana, just as in every other state, creditor’s rights come first, whether that creditor is a...
Innovative Technologies Designed to Help Older Adults Age in Place
By Rebecca W. Geyer The silver tsunami of Americans has inspired the technology industry. There are continuous developments and implementations of inventive digital Internet of Things (IoT) solutions that transform the lives of aging adults as well as their...
Is it time to update your estate plan?
Estate plans are not complete the first time you draft them. They are suitable for the present, but after three years or so, it is time to take another look. Your life can change in an instant. Life events can alter the nature of how your estate plan should be....
Dividing Retirement Fund Money During a Divorce
Dividing retirement fund assets during a divorce is all about who's going to be paying the taxes. “Whether you are giving up funds or receiving them, you need to understand the rules that govern asset division in a divorce,” Mark Cussen cautions in Investopedia. There...
New Law Makes Big Changes to Retirement Plans
By Dara M. Hensel President Trump on December 20 signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. The Setting...
