The one-year deadline for nursing home and waiver residents on Medicaid to spend down their first round of stimulus checks is here, but they may have a little extra time. In March 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act authorized $1,200 stimulus checks to most Americans, including Medicaid recipients. Another round of […]
read moreSpring clean your estate plan. Review your estate plan as part of your spring cleaning. Ensure that it is up-to-date to meet your needs and goals. You should review your estate plan team, beneficiaries, and team instructions. Here is a form for the Estate Plan Team Instruction Manual.
read moreThe $1.9 trillion American Rescue Plan Act (ARPA) delivers a broad swath of relief, covering families, employers, health care, education, and housing. The following are the provisions that most directly affect older Americans: Relief checks. The ARPA provides $1,400 direct payments to individuals earning up to $75,000 in annual income and couples with incomes up […]
read moreThe Indiana General Assembly has fixed the Indiana statute on recording documents. Last summer, we reported on an unintended change to the Indiana recording statute that was causing major headaches for individuals trying to record instruments. Senate Enrolled Act No. 340 amended Indiana Code 32-21-2-3 so that as of July 1, 2020, any document to […]
read moreFor better or for worse, Medicaid is the primary method of long term care coverage in the United States. But navigating the Medicaid system is complicated and confusing. Here are the basics. Medicaid is a joint federal-state program that provides health insurance coverage to low-income children, seniors, and people with disabilities. In addition, it covers […]
read moreMany people will prepare for Medicaid through their estate plan. Long-term care involves not only a loss of personal autonomy; it also comes at a tremendous financial price. Proper planning can help your family prepare for the financial toll and protect assets for future generations. Long-term care can be very expensive, especially around-the-clock nursing home […]
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