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
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Celebrate Disability Pride Month in July
July is celebrated worldwide as Disability Pride Month. For disabled adults and parents of children with special needs, Disability Pride Month is an opportunity to learn, educate, and celebrate what makes each person living with a disability unique. To get you started, the Indianapolis special needs planning attorneys at Frank & Kraft offer some suggestions for how to celebrate Disability Pride Month in July. History of Disability Pride Month Disability Pride Month can trace its roots … [Read more...] about Celebrate Disability Pride Month in July
LGBTQIA+ Pride Month in Indiana
While members of the LGBTQIA+ community and their supporters have celebrated several important legal victories in recent years (such as the right to marry), there is still work to be done to create true equality. In the meantime, the Indianapolis estate planning attorneys at Frank & Kraft offer suggestions for celebrating LGBTQIA+ Pride Month in Indiana this June. History of LGBTQIA+ Pride Month LGBTQIA+ History Month is celebrated every October while LGBTQIA+ Pride Month takes place … [Read more...] about LGBTQIA+ Pride Month in Indiana
Understanding Osteoporosis
As we age, we eventually experience the physical and/or mental deterioration that goes along with the natural aging process. For one in three women and one in five men that means osteoporosis. The Indianapolis elder law attorneys at Frank & Kraft help you to understand what you need to know about osteoporosis. What Is Osteoporosis? Osteoporosis, which literally means porous bone, is a disease in which the density and quality of bone are reduced. Our bones are living tissue and … [Read more...] about Understanding Osteoporosis
Will Millennials Ever See the Wealth of the Baby Boomer Generation?
The older population in the United States is already making history as the largest population of seniors ever recorded. A primary reason for the dramatic increase in the number of older Americans is the aging of the Baby Boomers. As they move into their retirement years, they are breaking records causing everyone to take notice. Not surprisingly, the largest senior population in history also has a historic amount of wealth. Traditionally, experts would expect that wealth to be passed down to … [Read more...] about Will Millennials Ever See the Wealth of the Baby Boomer Generation?
What Should I Do If I Don’t Want My Inheritance?
As much as we all try not to admit it, when a loved one passes away we often anticipate receiving some type of inheritance. In fact, conflicts and discord often erupt because of the way in which a decedent chose to dispose of his/her estate. It may surprise you then to find yourself in a position one day where you don’t want an inheritance left to you – but it happens more often than you may realize. Rejecting an inheritance, however, is more complicated than it sounds as the Indianapolis estate … [Read more...] about What Should I Do If I Don’t Want My Inheritance?
Eight Things You Need to Know About Taxation and Estate Planning
Eight Things You Need to Know About Taxation and Estate Planning from Paul Kraft If you leave inheritances to your loved ones, they will not be required to report the bequests as income for regular income tax purposes Capital Gains Taxes. Learn more about eight things you need to know about taxation and estate planning in this presentation. … [Read more...] about Eight Things You Need to Know About Taxation and Estate Planning
Baby Boomer Phenomenon Is Impacting Indianapolis Demographics
The baby boomers are reaching retirement age, and this is having a significant demographic impact here in Indianapolis. An article by Matt Klinghorn, a demographer for the Indiana Business Research Center, Kelley School of Business, Indiana University, was published in the Indiana Business Review. It is very well researched and informative. The article points out the fact that the first wave of baby boomers reached the age of 65 in 2011. At that time, senior citizens comprised 13 percent … [Read more...] about Baby Boomer Phenomenon Is Impacting Indianapolis Demographics
The Right Trust for the Right Job
There is an old expression about using the right tool for the right job, and this dynamic can be applied to the process of estate planning. In the field, there are different types of trusts that can be utilized. The appropriate choice will depend upon the circumstances, so you should act in a fully informed manner. Revocable Living Trusts First, let's look at the revocable living trust, because this type of trust can be very effective for a wide range of people. You do not have to be … [Read more...] about The Right Trust for the Right Job
Hurricane Sandy Victims Need Your Help
Our visitors are generally going to be looking for information about estate planning, but something else holds precedent right now. We would like to ask you quite directly to do what you can to assist victims of Hurricane Sandy. A number of different organizations are currently devoting resources to provide relief, and they could use all the donations they can get right around now. If you would like to help simply click this link to find out who is providing assistance to hurricane … [Read more...] about Hurricane Sandy Victims Need Your Help