SECURE Act Affects Retirement Plan Beneficiaries
Hawkins Elder Law provides an overview of SECURE Act’s possible impact on your beneficiaries and what you could do if you need to make a change to your estate plan in light of the new law.
Covid-19 Raises Teachers’ Interest In Wills
Throughout the United States, a growing number of teachers are taking Covid-19 related safety precautions for the upcoming school year. For now, K-12 schools in Indiana are slated to reopen this fall without state mandates on wearing masks. Meanwhile, Covid-19 cases continue to rise, which places teachers at greater risk if in-person classes resume. Although […]
Naming Family Members As Trustees, Executors In Indiana
You might have figured out by now that you need an estate plan, which consists of things like a will, trust, powers of attorney and healthcare directives. The people who you appoint in these documents are fiduciaries – which are basically people who make important decisions on your behalf and who are responsible for acting […]
COVID-19 HAS TAUGHT US…
COVID-19 has taught us many things about the world, our communities, and ourselves. We learned about distance as the pandemic followed the global economy’s connected pathways into our state capitals and hometowns. The spreading contagion revealed our interdependence as we sheltered in place. Shortages of household goods, high-speed Internet, and access to ailing family members laid bare our vulnerability and unpreparedness. This article reflects on some of those lessons and describes changes that we can expect in the future.
COVID-19 ESTATE PLANNING CHALLENGES
This article describes the problems and solutions that healthcare providers, government officials, and lawyers are pursuing to overcome Coronavirus challenges.
MARRIED IRA OWNERS SHOULD UPDATE ESTATE PLANS
Married IRA owners should update estate plans to address SECURE Act changes to IRA taxation and new Indiana Medicaid policy. This article explains why.
SECURE Act Changes Education Savings Plans
This month we are exploring social problems threatened by the “Baby Boomer” generation’s looming retirement and how the SECURE Act offers tax incentives to help reduce those problems.
SECURE ACT CHANGES TO IRAS
SECURE Act changes to IRAs will affect you or someone you know in 2020. The ‘‘Setting Every Community Up for Retirement Enhancement Act of 2019’’ (SECURE Act) begins on page 604 of H. R. 1865, the 715-page Congressional appropriations bill that President Trump signed on December 20, 2019. This article highlights some SECURE Act provisions and suggests income tax planning strategies that may help some families reduce tax burdens.
FAMILY LAW SOLUTIONS FOR ELDER LAW PROBLEMS
This article describes special problems challenging some older married folks, and explains how elder law attorneys are using family law tactics to help solve those problems.
Fancy Estate Plan Binders Hide Weak Contents
“Fancy estate plan binders hide weak contents” should be a mantra for estate planning lawyers and their clients. We have heard clients praise the appearance of leather estate plan binders; especially binders embossed with gold lettering, Unfortunately, most of those clients pay dearly for weak estate plan is that did not address their issues adequately, […]
