February 23rd, 2018
https://dhblaw.com/file/2018/01/dhblaw_HomePhoto2.jpg

Latest Articles

Medical Expense Deductions Under the Tax Cuts and Jobs Act of 2017

Medical Expense Deductions Under the Tax Cuts and Jobs Act of 2017 The Tax Cuts and Jobs Act became effective January 1, 2018.  The good news for elderly and disabled Hoosiers is this tax bill allows them to write off qualifying medical expenses that exceed 7.5% of their adjusted gross income for 2017 and 2018, regardless of their age.  This limit increases to 10% in 2019. The standard deduction increased to $12,000 for a single person and $24,000 for a married couple as of January 1, 2018.  This means a person or couple will need high medical costs in order to qualify and take advantage of this deduction. The cost of ...

Read More

Eligible Hoosiers Can Now Open an ABLE Account — in Indiana

Eligible Hoosiers Can Now Open an ABLE Account — in Indiana Eligible Hoosiers can now open an ABLE (Achieving a Better Life Experience account) as of August 1, 2017. An “eligible” Hoosier is a person who develops a disability before the age of twenty-six (26). The person must have had this disability for at least one year or must expect their disability to last at least a year. The Indiana accounts are called INvestABLE Indiana accounts. You can view information about these accounts at https://savewithable.com/in/home.html. These accounts are 529 plans for disabled Hoosiers similar to the 529 plans for college s ...

Read More

Home and Community-Based Services Modernization

Family & Social Services Administration Response to Indiana Division of Aging Update Subject:  Home and Community-Based Services Modernization The Indiana Chapter of the National Academy of Elder Law Attorneys (“INNAELA”) supports the Indiana Division of Aging in its efforts to move funds to support the Indiana plan to age in place.  We favor the shift of funds to home and community-based waiver programs so that more Hoosiers are able to receive care at home instead of in institutions. We particularly believe enhanced Consumer Directed Attendant Care Services (“CDAC”) need to be promoted in ...

Read More

Upcoming Events

May 03

Elder Law Presentation

Keith Huffman will speaking at the John Jay Center for Learning on May 3, 2018, from 12-1pm about Elder Law.  Please call Becky Keely at 260.729.5525 (ext. 1) if you would like to attend this presentation.  John Jay Center for Learning is located at 101 South Meridian Street in Portland, Indiana 47371.

...
Find out more info

The materials contained on this website are for informational purposes only. You should contact a qualified attorney to obtain advice with respect to your specific issue or problem.
Use of this website does not create an attorney-client relationship between Dale, Huffman & Babcock and the user.