Entries by klennon1

News-Attorney Emilie E.D. Hunt Attends Annual Medicaid Seminar

On April 30, 2021, Attorney Emilie Hunt attended the Senior Law Project’s Annual Medicaid for the Elderly and Disabled seminar.  Topics presented at the seminar included: updates to Medicaid practices and procedures in light of COVID-19, updates to the Medicaid eligibility guidelines, issues regarding asset transfers and planning in Medicaid, and how to protect assets […]

Article-FEMA Authorized to Provide COVID-19 Funeral Assistance

Under the Coronavirus Response and Relief Supplemental Appropriations Act of 2021 and the American Rescue Plan Act of 2021, the Federal Emergency Management Agency (FEMA) is authorized to provide financial assistance for COVID-19 related funeral expenses incurred after January 20, 2020.  The criteria to be eligible for assistance is as follows: (1) the death must […]

News-Attorney Benjamin Ballou Chairs ICLEF Virtual Seminar

On March 18, 2021, Attorney Benjamin T. Ballou chaired an ICLEF Virtual Seminar entitled “Trust Planning and Administration from Start to Finish.”  Additionally, Attorney Ballou presented on the following topics: Trustee Rights and Remedies-Dealing with Difficult Beneficiaries and Institutions, and Beneficiary Rights and Remedies-Dealing with a Difficult/Non-Responsive Trustee.  Anyone interested in Trust Planning or Administration, […]

Article-Indiana Supreme Court Holds that the “Appraised Market Value” of Shares in a Closely-Held Corporation Subject to a Contractual Buyback Clause Can Include Lack of Marketability and Minority Share Discounts when Determining Value

Blake Hartman (“Hartman”) was a former officer and director of BigInch Fabricators & Construction Holding Company, Inc. (the “Corporation”), a closely held corporation.  He is also a minority shareholder of the Corporation. In 2006, Hartman and the other shareholders of the Corporation agreed to be bound by a contract which contained a buyback clause requiring […]

Article-Indiana Court of Appeals Holds That Redemption of a Brokerage Account Via Telephone Request Does Not Sever Joint Tenants With Rights of Survivorship Form of Account

Paul Martin invested $50,000 in 1998 with Rydex Series Trust.  The account application listed Martin as owner and his daughter, Lia J. Lindsey, as joint owner and provided that joint accounts will be registered as “joint tenants with rights of survivorship” unless otherwise provided.  No funds were contributed to the account by Lia. Later, in […]

News-Attorney Benjamin Ballou Attends IHSAA Case Review Panel Hearings

On January 12 and January 27, 2021, Attorney Benjamin T. Ballou attended the IHSAA case review panel hearings.  The Case Review Panel is a nine-member panel established by the Indiana High School Athletic Association (IHSAA) and administered by the State Superintendent of Public Instruction. The Panel reviews final decisions of the IHSAA regarding the application […]