Planning in Mid-Life & Retirement Years

An older couple walking in the scenic wilderness - Planning in Mid-Life & Retirement Years

Mid-life and retirement planning differ from planning for other parts of your life. For this reason, you need an attorney who understands the specifics of planning for these purposes. Board Certified Estate Planning Attorney Jimmy D. Long, Jr. can help you create the perfect estate plan in your mid-life and retirement years.

Many people reach mid-life having never done any estate planning. Even those who did plan in their younger years may have a plan that is no longer appropriate now that the children are grown.
Estate planning in the middle of your life or your retirement years often involves coordinating your will or trust planning with beneficiary designation planning for your retirement accounts, such as IRAs or 401(k) accounts. Many people are unaware that these accounts do not typically pass through your will or trust at death. Planning in mid-life may also involve income planning for a surviving spouse in the event of the death of the spouse with the larger Social Security payment. Mid-life planning should also address funding of long term care in the home and protection of assets if home care becomes impossible and nursing home care is needed.

In your mid-life and retirement years, you may need to make a new estate plan, or you may need to modify an existing plan you made when you were younger. Regardless of your situation, our firm can help you accomplish your goals. We serve clients throughout North, West, and Central Louisiana, including Natchitoches Parish, Sabine Parish, DeSoto Parish, Red River Parish, Vernon Parish, Rapides Parish, Grant Parish, and Winn Parish, and the cities of Natchitoches, Alexandria, Many, Zwolle, Mansfield, Coushatta, Leesville, Colfax, Winnfield, and surrounding areas. Please contact us today to learn more about our estate planning services or to make an appointment at our office in Natchitoches.