WHO NEEDS TO CONSIDER RETIREMENT AND ESTATE PLANNING?
Traditionally estate planning attorneys were used by those whose over all worth was significant and therefore they were concerned about payment of gift and estate tax. However, an Elder Law attorney can assist the middle income elder, and those of moderate means in preserving their estate, planning for their retirement, and protecting their hard-earned savings from the extensive costs of long-term care. Thus, everyone should be concerned with doing some basic retirement and estate planning and the Elder Law attorney is best equipped to advise you regarding the potential costs and pitfalls of growing older. HOW DOES ONE PLAN FOR RETIREMENT? For those of moderate means, ‘when they will retire’ and ‘if they can afford to retire’ are concerns that weigh heavy in advanced planning. An Elder Law attorney is familiar with financial concerns surrounding employer retirement plans, IRAs, and appropriate investments. The Elder Law attorney is familiar with long-term care insurance and the best wa
