Medicaid is a program that is available to qualified applicants nationally. Indiana Medicaid is a health insurance program, and it is administered by the federal government along with the state government. Most senior citizens will qualify for Medicare when they reach the age of 65 under currently existing laws. Medicare is a source of health insurance, so you would not need Medicaid if you qualify for Medicare. Plus, if you have resources, you would not be eligible for Medicaid coverage, … [Read more...] about An Explanation of Indiana Medicaid Guidelines
Elder Law
Elder Law Services: Answers to Three Important Questions
When you are going through different stages of life, you have immediate concerns. You may not necessarily be looking ahead toward your senior years, and this is understandable. At the same time, years are passing, and you can wake up one morning and come to the realization that you are not as young as you used to be. Matters that are of interest to senior citizens can suddenly become quite relevant as your retirement years start to peek over the horizon. This is where elder law services can … [Read more...] about Elder Law Services: Answers to Three Important Questions
A Valuable Benefit for Aging Indianapolis Veterans
Indianapolis veterans who served during wartime paid a heavy price to help preserve our freedom as Americans. Military service is demanding, and it involves a great deal of sacrifice, but there are some benefits that go along with it. Some of these benefits are overlooked, and in this blog post, we will look at a benefit that can help veterans address a financial challenge that many seniors ultimately face. Long-Term Care Costs If you are a veteran who has served during a time of war, … [Read more...] about A Valuable Benefit for Aging Indianapolis Veterans
Indianapolis Alzheimer’s Association Chapter Is Looking For Volunteers
As elder law attorneys, we help people here in the greater Indianapolis area who are looking ahead toward the eventualities that they may face near the end of their lives. To be quite frank, some of these contingencies are not very pleasant to contemplate, but you have to face the facts if you want to be properly prepared. Incapacity and Alzheimer's Disease A very significant percentage of elders become unable to handle all of their own affairs at some point in time. Incapacity can … [Read more...] about Indianapolis Alzheimer’s Association Chapter Is Looking For Volunteers
Report: Indianapolis Nursing Home Costs Will Rise
Heisenberg discovered the fact that you cannot measure location and velocity at the same time. This is called the uncertainty principle, and it can seem like a purely scientific thought experiment. At the same time, in a way, it applies to your everyday life when it comes to financial budgeting. You are in a certain place financially right now, and the things that you need cost you a certain amount. However, what about the future? You don't know exactly what your financial position will be, … [Read more...] about Report: Indianapolis Nursing Home Costs Will Rise
What Does an Elder Law Attorney Do?
Attorneys tend to specialize in particular areas of the law that they feel passionate about. As the name would suggest, elder law attorneys work with people who are concerned about the challenges that they may face when they become senior citizens. This is a quickly growing area of the law. During our current era, there is a demographic anomaly underway that is unprecedented in American history. After World War II, a great many service people returned home, and there were a lot of babies … [Read more...] about What Does an Elder Law Attorney Do?
Medicaid, Power of Attorney and Legal Liability
If you have parents who are getting older, you may have concerns about their ability to handle their own day-to-day needs. You may be able to provide a certain amount of assistance if you live in the same area, but at some point in time, they may require more care than family members and friends are capable of providing. Many people are surprised when they hear long-term care statistics. You could assume that only a small percentage of elders ultimately reside in nursing homes. In fact, this … [Read more...] about Medicaid, Power of Attorney and Legal Liability
Medicaid Planning: Are Your Parents Getting Prepared?
When you hear the term "Medicaid planning," it may sound like an oxymoron. Since Medicaid is a safety net health insurance program for people who have fallen on hard financial times, why would anyone plan ahead to try to be in this situation? This is a logical line of thinking, but as we all know, the government sometimes goes about things in rather confusing ways. In fact, a very significant percentage of older Americans can benefit from the process of Medicaid planning. If you are an adult … [Read more...] about Medicaid Planning: Are Your Parents Getting Prepared?
What Is Long-Term Care Insurance?
Long-term care insurance is a type of coverage that you can purchase to help with expenses that you may incur if you ever need help with your activities of daily living. When you first hear about it, you may feel as though you don't need long-term care insurance, because you will qualify for Medicare as a senior citizen. Let's look at the facts. Coverage Gap You obtain Medicare eligibility through the accumulation of retirement credits. These credits are earned while you are working and … [Read more...] about What Is Long-Term Care Insurance?
Elder Care: Are You Prepared?
Your senior years can seem like they are a world away when you are going through life on a day-to-day basis. However, as your children get older, you may start to recognize the fact that you are getting older as well. When you are looking at a young adult who was once a child, your own position can start to come into focus. There can be good times ahead if you create a retirement plan that will allow you to put your working years behind you while you are still active enough to enjoy them. … [Read more...] about Elder Care: Are You Prepared?
