SECURE Act IRA changes may affect retirement planning strategies dramatically. On May 23, 2019, 417 members of the U.S. House of Representatives voted to change IRAs with the “SECURE Act” (Setting Every Community Up for Retirement Enhancement Act of 2019). If Congress and the White House agree on a bill, it will change the landscape for retirement contributions and required IRA withdrawals. This article describes some of the SECURE Act’s key aspects and an alternative U.S. Senate bill.
This conclusion of our two-part series about Medicaid and prenuptial agreements explains how Medicaid treats prenuptial agreements.
This article begins a 2-part explanation of how Indiana Medicaid deals with a remarried couple’s assets when one spouse requires nursing home care if the couple made a prenuptial agreement before they married.
Indiana health care advance directive options may improve in 2019. If Indiana passes 2019 House Bill 1516 (HB 1516), then the law will upgrade how Hoosiers plan for future health care decisions. This article describes current health care advance directive laws and how the new law may help Indiana health care patients plan for emergency health care and end-of-life decisions.
Few people manage their personal business records properly, so this article gives record-keeping tips.
This article explains some surprising new IRA protection opportunities created by recent Indiana Medicaid rule changes.
This article includes our answers to recent questions about Indiana’s 5-year Medicaid lookback rule. The answers also explain transfer penalties, and some property transfer strategies that elder law attorneys use to protect assets from long-term health care expenses. 5-Year Medicaid Lookback Inquiry Could my spouse and I avoid the lookback legally by purchasing my parents’ home […]
The US Department of Veterans Affairs (the VA) published a new final rule on September 18, 2018. The new rule radically alters eligibility requirements for need-based VA pensions. This article summarizes and explains new need-based VA pension eligibility requirements that take effect on October 18, 2018. Affected Veterans & Family Members The revised pension requirements […]
We received a question through hawkinselderlaw.com about Medicaid eligibility, transfer penalties, and the 5-year lookback period. This article restates the Medicaid eligibility question without identifying the inquiring person and shows the typical response that we give to these questions.