Call Our Office

Severns & Howard, P.C. Blog

Wednesday, April 1, 2020

FSSA (Indiana Medicaid Agency) Response to COVID-19


In response to the current COVID-19 crisis, On April 1, 2020, Indiana FSSA ( State’s Medicaid agency) announced that Medicaid programs such HIP, Hoosier Healthwise and Traditional Medicaid, which help with nursing home and in-home health care costs, will not be terminated during the state of emergency.  

A copy of the letter follows. 

Update on Medicaid policy changes re: COVID-19

In response to the COVID-19 public health emergency, some policy and program changes have been made to help ensure members in our managed care programs (Healthy Indiana Plan, Hoosier Care Connect, Hoosier Healthwise) as well as our Traditional Medicaid members are able to maintain continuous coverage in this critical time.

 

Member Eligibility

Member health coverage will not be terminated during the public health emergency. Member coverage will only end if a member voluntarily withdraws or moves out of the state.
Read more . . .


Wednesday, March 18, 2020

Everyone's favorite blog topic - Covid-19


If you are like me, you have been reading a lot of online articles telling you what to do and what not to do to keep yourself safe during the Covid-19 pandemic.  As an attorney, I can’t give you any advice on that – you’re much better off talking to a doctor or nurse.  I can tell you that we are doing our best to help our clients and our staff stay healthy.

For the most part, we continue to be able to complete our work for our clients.  We have hand sanitizer everywhere, and we are wiping everything down with disinfectant several times a day.
Read more . . .


Wednesday, March 4, 2020

Estate Planning is Essential for Unmarried Couples


While estate planning is important for married couples, it is arguably even more necessary for couples that live together without getting married. Without an estate plan unmarried couples won’t be able to make end-of-life decisions or inherit from each other. 

Estate planning serves two main functions: determining who can make decisions for you if you become incapacitated and who gets your assets when you die.  There are laws in place to protect spouses in couples that have failed to plan by governing the distribution of property in the event of death. If you do not have a will, property will pass to your spouse and children, or to parents if you die without a spouse or children.
Read more . . .


Wednesday, February 12, 2020

Free Tax Preparation Help Is Available to Seniors


Seniors and retirees should know that they may be able to use online tax preparation software free of charge. Most low- and middle-income Americans qualify for the free help, but do not take advantage of it. And all seniors are eligible for free counseling assistance from the IRS.

The tax preparation software industry has had a decades-long deal with the Internal Revenue Service (IRS) to make free versions of its software available to low- and middle-income individuals. However, a Read more . . .


Thursday, January 23, 2020

Caregivers Are Getting Younger, Making Planning for Long-Term Care Even More Important


As baby boomers age, more and more millennials are becoming caregivers. Many are taking on this role while just getting started in their own lives, leading to difficult decisions about priorities. Proper planning can help them navigate this terrain. 

The term “sandwich generation” was coined to refer to baby boomers who were taking care of their parents while also having young children of their own. Now millennials are moving into the sandwich generation at a younger age than their parents did.


Read more . . .


Tuesday, January 21, 2020

When Should I Review My Estate Plan?


You took one of the most important steps you can take to protect yourself and your loved ones by creating a proper estate plan.   Proper estate planning not only puts you in charge of your finances, it can also spare your loved ones of the expenses, delays and frustration associated with managing your affairs when you pass away or become disabled.   The next step is knowing when to have your estate plan reviewed.

A great time to review your estate plan is if you have experienced any major changes in your family situation, health or finances.  The addition of new family members is a time to rejoice and celebrate, but is also a good time to review your estate plan to assure that the newest members are properly accounted for in your estate.
Read more . . .


Thursday, January 2, 2020

New Law Makes Big Changes to Retirement Plans


President Trump has signed a spending bill that makes major changes to retirement plans. The new law is designed to provide more incentives to save for retirement, but it may require workers to rethink some of their planning. 

The Setting Every Community Up for Retirement Enhancement (SECURE) Act changes the law surrounding retirement plans in several ways:

  • Stretch IRAS. The biggest change eliminates “stretch” IRAs. Under current law, if you name anyone other than a spouse as the beneficiary of your IRA, the beneficiary can choose to take distributions over his or her lifetime and to pass what is left onto future generations (called the "stretch" option).
    Read more . . .


Wednesday, December 25, 2019

Happy holidays - take things as they come


My family's holiday season is not going as planned.  About two weeks ago, my dad had to go into the hospital, and what we hoped would be a quick stay dragged into a much longer one.  The weeks that my parents would typically spend putting up a Christmas tree, stringing lights on the evergreens in the front yard, and preparing for the holiday onslaught of visiting grandchildren were spent instead waiting for test results, consulting with doctors, and walking the hospital halls. 

Thankfully, the hospital released my dad the day before Christmas Eve, and our family has gathered as planned at my parents' home.  The tree was decorated by a committee of grandchildren who don't quite have my mom's eye for ornament placement.


Read more . . .


Wednesday, December 11, 2019

The Most Important Estate Planning Documents


Making sure you have the right estate planning documents is one of the simplest ways to have a positive impact on your family's future. Proper planning ensures that your wishes will be followed and that your family will have less to worry about after you are gone. 

Estate planning does not need to be difficult; a few documents can make a big difference. Here are the five legal documents, in order of priority, that everyone should have in place:

  • Durable Power of Attorney. This appoints one or more people to act for you on financial and legal matters in the event of your incapacity.

Read more . . .


Thursday, December 5, 2019

Five Tips for Starting Retirement Planning in your 50s


When it comes to retirement planning, many Americans find themselves underprepared. A majority of baby boomers (born between 1946 and 1964) and Generation X’ers (born between 1965 and 1978) often end up without retirement savings or don’t have realistic expectations about post-retirement costs. According to the Insured Retirement Institute, only 25 percent of boomers are confident of having sufficient savings in retirement.
Read more . . .


Wednesday, November 27, 2019

Medicare Premiums to Increase by Almost $10 a Month in 2020


After small or no increases the past couple of years, Medicare’s Part B premium will rise sharply in 2020. The basic monthly premium will increase $9.10, from $135.50 a month to $144.60.
Read more . . .


← Newer12 3 4 5 6 7 8 Older →

Archived Posts

2020
2019
December
November
October
September
August
July
June
May
April
March
February
January
2018
December
November
October
September
August
July
June
May
April
February
2017
2016



© 2020 Severns & Howard, P.C. | Disclaimer
10293 North Meridian Street, Suite 150, Indianapolis, IN 46290
| Phone: 317.817.0300

Planning Ahead | In Crisis | Veterans Benefits | Elder Law | Guardianships | Medicaid Planning | Special Needs Planning | Comprehensive Estate Planning | Probate / Estate Administration | Response Team Documents | | About Us | Resources | Newsletter

Facebook

Law Firm Website Design by
Amicus Creative