In an effort to bolster transparency and combat financial crimes, the Financial Crimes Enforcement Network, or FinCEN, issued a final rule implementing the beneficial ownership reporting requirements of the Corporate Transparency Act.
By planning now for how to pay for care later, people have more options and control over how and where they age. It’s just a matter of getting started.
Recognizing the need for a more empowering and inclusive approach, a paradigm shift has been underway — one that highlights the importance of supported decision-making, or SDM.
The COVID-19 federal public health emergency has ended, and Indiana Medicaid is returning to normal operations over the course of the next 12 months.
Professionals working with older adults will inevitably face the challenge of determining whether a client or potential client has legal capacity.
None of the advance directives currently used in Indiana address receiving care with a severe dementia diagnosis.
With the help of elder law mediation, the families can each consensus on aging issues without an expensive courtroom battle.
The current economic crisis has rattled the confidence of all of us, including my clients. If you are in a practice that focuses on pre-planning, then I am sure you are seeing a similar reaction. Clients who are typically proactive are now pulling back on the reins and taking care of immediate needs — doing just enough to address these immediate needs — rather than preparing for the near future.
Often, caregivers can feel guilty about getting away while they have so much responsibility at home or find it impossible to imagine getting a break. Lots of questions can arise, such as who will take care of the loved ones, how they can continue receiving help, what happens if an emergency arises and more. But with so much day-to-day responsibility as a caregiver, it’s important to have time to refresh and avoid burnout.
Creating a trust comes with a crucial decision: choosing the trustee. There are some key things that are important for your clients to consider when determining the right trustee.