Medicaid attorneys help you to get covered by Medicaid for services that no other type of insurance will pay for. Medicaid covers long-term care and nursing home care for many seniors, while Medicare and private insurance provide limited or no coverage for these types of care. While Medicare only pays for skilled nursing care, Medicaid pays for custodial care, which is the kind of basic help with activities of daily living that seniors often require as they age or if they get sick. If … [Read more...] about Can You Give Away your Wealth to Get Medicaid?
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Why Talking to Trust Lawyers is Important for Family Breadwinners
Trust lawyers at Frank & Kraft can provide you with help determining if you need a trust. Many people, including those who are not wealthy, could benefit from creating a trust -- but far too many people do not know how a trust could help them or how a trust could help their loved ones. An experienced attorney can evaluate your situation and assist you in deciding whether a trust is a tool that you should incorporate into your estate plan. We can also help you to decide what kind of trust is … [Read more...] about Why Talking to Trust Lawyers is Important for Family Breadwinners
Preparing to Meet with Indianapolis Medicaid Attorneys
Indianapolis Medicaid attorneys provide assistance with the creation of an Medicaid plan to protect your assets in case you need Medicaid to pay for a nursing home or long-term care if you get sick, hurt, or too old to live alone. Medicaid attorneys can also help parents of disabled children to structure an inheritance for their children in such a way that the inheritance will not cause a loss of access to important means-tested Medicaid benefits. Frank & Kraft makes the process of … [Read more...] about Preparing to Meet with Indianapolis Medicaid Attorneys
Retirement Account Options
Planning for your retirement is vitally important so you don't end up without the income that you need to live on as a senior-- and that means you need to understand your retirement account options. A retirement planning lawyer at Frank & Kraft can assist you with evaluating different kinds of retirement accounts that can provide you with generous tax breaks. Our legal team can also work with you to understand income limits, contribution limits, and pros and cons of each different kind of … [Read more...] about Retirement Account Options
Considerations When Choosing the Executor of an Estate
Estate planning attorneys assist you with preparing your estate planning documents, including the creation of a last will and testament. While there are many different legal tools used to transfer your assets after your death, a last will and testament remains a popular option because it is a simple and comprehensive way to determine who will inherit. When you make a last will and testament, you will not only need to specify who will inherit your assets, but you will also need to select … [Read more...] about Considerations When Choosing the Executor of an Estate
How to Get Started Setting up a Trust
Indianapolis trust lawyers can help you to set up a trust. Trusts are powerful legal tools that you can use to protect your family and assets during your lifetime and after you have passed on. However, many people make mistakes when it comes to creating a trust and they end up not making the right type of trust or not following the formalities necessary for a trust document to be valid. You need to ensure that you make the right kind of trust and that you fulfill all of the … [Read more...] about How to Get Started Setting up a Trust
List of Executor Duties
Probate lawyers at Frank & Kraft can provide representation to the executor of an estate who has been named in a will and who has been appointed by the court to oversee the probate process. If you have been named as the executor, you need to be aware of how much responsibility is actually involved in fulfilling this role. Serving as the executor of an estate can require a lot out of you and you should be certain that you are willing and able to serve as the executor before you decide to take … [Read more...] about List of Executor Duties
Law in the U.S. can be Participatory
Blog Author: Stephen C. Hartnett, J.D., LL.M. (Tax), Director of Education,American Academy of Estate Planning Attorneys, Inc. In some countries, like a dictatorship or a true monarchy (not a constitutional monarchy such as the United Kingdom), people do not really participate in making the law. The law is handed down by fiat. In the United States, our laws are enacted by our elected representatives. Sometimes, those laws may be viewed as violating the fundamental rights guaranteed to all of … [Read more...] about Law in the U.S. can be Participatory
Basics of Estate Planning: Getting the Most out of Charitable Gifts
Blog Author: Stephen C. Hartnett, J.D., LL.M. (Tax), Director of Education, American Academy of Estate Planning Attorneys, Inc. This is another in a series of blogs on the basics of estate planning. Often, an individual wants to make a gift to charity. They don’t want something complicated, but they want to get the most bang for their buck. Estate planning attorneys and other financial professionals know the client could just contribute cash to the charity. Certainly, that would be fine … [Read more...] about Basics of Estate Planning: Getting the Most out of Charitable Gifts
Disabled Citizens Needs Unmet in Indiana
An elder law attorney provides help with many of the issues that matter most to protecting your family and protecting your assets. One of the services offered by elder law lawyers is disability planning. With help from attorneys at Frank & Kraft, you can plan ahead in case you become disabled. You can also make appropriate plans to provide financial support and assistance to a loved one in your life who is disabled. Many people with special need rely on government benefits like … [Read more...] about Disabled Citizens Needs Unmet in Indiana
