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.
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.
I encourage my clients to plan for the future when it comes to their money and property by creating, and then occasionally updating, their estate plans. But often, clients have a “one and done” philosophy and don’t think they need to update their documents.
Mid-March was likely the last time you saw your loved one in a senior living facility face-to-face. The coronavirus pandemic has led most nursing homes to close their doors or, at the very least, require stringent temperature checks and other precautions for urgent visits. As a result, families are fearful and anxious about the care their relatives are receiving and whether they will be exposed to the virus. Here are some tips for families that may help ease their fears.