Planning Tools in Retirement

Medicaid Planning

• Ensure your healthcare needs are covered while protecting your assets from unexpected long-term care costs. *Certain planning tools may affect Medicaid eligibility. The right approach depends on timing, health, and family circumstances.

Update of Wills and Trusts

• Ensure your estate plan reflects your current wishes, coordinates with beneficiary designations, and minimizes potential disputes.

Transfer on Death (TOD) Deeds

• Allows your home to pass directly to named beneficiaries without probate, while you keep full control during your lifetime. Best for straightforward situations where simplicity is the priority. A simpler probate-avoidance option for certain homeowners.

Review of Retirement Accounts

• Confirm beneficiaries are current and consider tax-efficient distribution strategies for your heirs.