Retirees and Children of Retirees

When we come to the retirement stage of our lives, our needs begin to shift. We are no longer focused on working to accumulate wealth, but are more concerned with how to protect all of the assets we have in order to continue living a full life. We want to have the peace of mind that no matter what challenges may arise, we will be prepared. This requires the right estate planning, to help you feel secure while you live the lifestyle you have dreamed about for your retirement years.

At this time of life, you have to start thinking about long term care expenses. When you start with the right planning now, you can create an asset protection plan. If you are married, or have children who depend on you, you need to plan to help to provide for your spouse or children by not depleting the assets you worked so hard to accumulate if your health fails and you need expensive long term care. It is important to start your planning as early as possible so you can make sure you remain independent as long as possible.

You may be a spouse who has now become the caretaker for your partner or a child who has taken on the care of your older parent. If so, it is vitally important that the right legal documents are in place so that you can take care of your loved one’s financial and health care needs without having roadblocks placed in your path. Plenty of people create their estate planning documents, but neglect to continue to update them at the key times in their lives when significant changes occur. You want to make sure you and your loved ones are protected, and that all your documents are current, reflecting the needs you have during retirement.

Frequently Asked Questions About Life in Retirement


How can I protect my assets from long term care expenses?

Asset protection can be accomplished through setting up an irrevocable trust and we have the expertise to guide you in this process.

I don’t want to become a burden and I want to remain independent as long as possible. How can I do that?

Make sure your legal documents are in order, and you have made arrangements to cover long term care expenses.

I am concerned that my parents have not given me legal authority to make decisions and their health is starting to deteriorate. What do I do?

Get them to meet with an elder law attorney like us. They will listen to a professional in a way they won’t listen to their own children.

I am veteran or a widow of a veteran who served in war time. Do I have a way to get additional government support?

You may qualify for a benefit called Aid and Attendance that pays for long term care expenses for veterans and widows of veterans who served during war time. We are able to help you find out if you qualify.

Let us help you feel secure in your Retirement!

It’s time to make sure you have the peace of mind to enjoy your retirement years. We want to help you do that. We have the expertise to help you navigate these challenging decisions, and understand what will serve your best interest. You don’t want to wait any longer and take a chance that you may not have the capacity to make a decision. Wouldn’t it feel good to know that you and your loved ones are taken care of no matter what happens in the future? Make the decision to be proactive and start on your estate planning today!