If you are an older individual who is struggling with the physical and/or mental deterioration that accompanies the aging process, you likely want to avoid the need to leave your home and move into a long-term care facility. If you are fortunate, you may have a family member who is willing to provide care; however, doing so may cause your family member to suffer financial hardship. The good news is that Medicaid may offer a solution. An Indianapolis Medicaid planning attorney at Frank & … [Read more...] about Will Medicaid Pay a Family Member to Care for Me in Indiana?
About Paul A. Kraft, Estate Planning Attorney
Challenging a Will in Indiana Based on Lack of Testamentary Capacity
When a family member or loved one passes away, it is common to feel a variety of strong emotions. While grief, anger, and loss are among the most common of those emotions, you may also feel confused or even suspicious after finding out the terms of the decedent’s Last Will and Testament. You may have concerns about your loved one’s state of mind when the Will was executed. If so, an Indianapolis attorney at Frank & Kraft discusses challenging a Will in Indiana based on lack of testamentary … [Read more...] about Challenging a Will in Indiana Based on Lack of Testamentary Capacity
The Spendthrift Beneficiary: Protecting Assets from Reckless Spending
A carefully thought out and properly drafted estate plan can accomplish many goals. It can also give you peace of mind knowing that your loved ones will be financially secure if anything happens to you. Sometimes, however, simply handing a beneficiary money or other assets is not a wise idea, especially if that beneficiary has a history or reckless spending. The good news is that your estate plan can address this common problem. To better explain, the Indianapolis attorneys at Frank & Kraft … [Read more...] about The Spendthrift Beneficiary: Protecting Assets from Reckless Spending
How Do I File a Complaint Against a Nursing Home in Indiana?
Making the decision to move a parent, grandparent, or another elderly loved one to a nursing home is not an easy decision. Once the decision has been made, family members often worry about the quality of care their loved one is receiving. Most of the time, those worries are unfounded; however, the harsh reality is that nursing home abuse and neglect happens more often than most people realize. If you believe that an elderly loved one has been abused or neglected, an Indianapolis elder law … [Read more...] about How Do I File a Complaint Against a Nursing Home in Indiana?
Secrecy and Security: Keeping Your Estate Plan Confidential
Some people choose to share the details of their estate plan with loved ones while they are alive. Others prefer to keep those details confidential while alive yet are not concerned about them being made public after their death. Still other people want the details of their estate plan to remain private both while alive and after their death. To ensure that your wishes on the matter are honored, the Indianapolis estate planning attorneys at Frank & Kraft discuss how to keep your estate plan … [Read more...] about Secrecy and Security: Keeping Your Estate Plan Confidential
Top 5 Probate Mistakes You Can Avoid Making
If you find yourself in the position of administering the estate of a recently deceased loved one, you may feel a little overwhelmed if this is your first time overseeing the probate of an estate. Along with trying to navigate a legal process with which you are unfamiliar, you ae also likely still grieving the loss of your loved one. Although it is always wise to consult with an experienced attorney when faced with the need to probate an estate, the Indianapolis probate attorneys at Frank & … [Read more...] about Top 5 Probate Mistakes You Can Avoid Making
Why Would I Need a Testamentary Trust?
Many people choose to incorporate at least one trust agreement into their comprehensive estate plans. If you are among them, you will need to make many important decisions during the creation of your trust, starting with whether to establish a living or testamentary trust. Although it is always best to consult with an experienced attorney before making any estate planning decisions, an Indianapolis trust attorney at Frank & Kraft explains why you might decide to include a testamentary trust … [Read more...] about Why Would I Need a Testamentary Trust?
Key Steps in Creating Your Will in Indiana
Every adult should have at least a simple Will in place to ensure that they do not leave behind an intestate estate. If you have yet to execute your Last Will and Testament, but are finally ready to do so, know that you are giving yourself and your loved ones a valuable gift. To ensure that your Will (and your entire estate plan) works as intended you should always consult with an estate planning attorney. To get you started down the right path, however, the Indianapolis Will attorneys at Frank … [Read more...] about Key Steps in Creating Your Will in Indiana
Living with Alzheimer’s: Coping Strategies for Patients and Caregivers
More than six million Americans are currently living with Alzheimer’s disease and that number is expected to double by 2050. The odds are good that you or someone close to you will develop Alzheimer’s during your lifetime. Knowing that, it makes sense to learn what you can about the disease. To help you get started, an Indianapolis attorney at Frank & Kraft discusses coping strategies for patients and caregivers living with Alzheimer’s disease. What Is Alzheimer’s Disease? Although … [Read more...] about Living with Alzheimer’s: Coping Strategies for Patients and Caregivers
What You Should Know about Long-Term Care Insurance in Indiana
Experts tell us that someone turning age 65 today has almost a 70 percent chance of needing some type of long-term care services and supports in their remaining years – and the cost of that care will be high. Knowing that, every adult should include long-term care planning in their overall estate plan. One way to plan for the high cost of long-term care is to purchase a long-term care insurance policy. Before you do that, the Indianapolis estate planning attorneys at Frank & Kraft explain … [Read more...] about What You Should Know about Long-Term Care Insurance in Indiana
