Retirement Legal Planning

At Tarris Law, we recognize that retirement is a time for enjoying the rewards of your hard work and planning for the future. Whether you're preparing for retirement or are already retired, having the right legal strategies in place is essential to safeguarding your assets, securing your legacy, and ensuring peace of mind. We offer a range of services tailored specifically to retirees, designed to help you navigate this important stage of life with confidence.

As you transition into retirement, it’s important to review and update your estate plan to reflect your current wishes and circumstances. Our attorneys can assist with creating or updating wills, trusts, and powers of attorney to ensure your assets are protected and distributed according to your desires. We also offer advanced estate planning strategies to help minimize taxes and preserve more of your wealth for your beneficiaries.

Navigating the complexities of Medicaid eligibility and long-term care expenses can be overwhelming. Our firm specializes in Medicaid planning, helping retirees protect their assets while qualifying for benefits that cover nursing home care or in-home assistance. We can help you structure your finances to avoid exhausting your retirement savings on healthcare costs.

For retirees with significant retirement savings in IRAs or 401(k)s, we provide specialized advice on how to manage and protect those funds for yourself and future generations. Our team can help you set up trusts designed to maximize the value of your retirement accounts while ensuring a smooth transfer of assets to your heirs.

Your home is often your most valuable asset, and it’s important to have a plan in place to protect it. Our attorneys can guide you through strategies to safeguard your home from potential creditors, nursing home costs, or estate taxes, allowing you to pass it on to your loved ones without complications..

Many retirees wish to leave a lasting legacy through charitable giving or gifts to family members. Our team can assist in structuring tax-efficient gifting strategies, including setting up charitable trusts or donor-advised funds, to ensure your donations are both impactful and advantageous from a tax perspective.

If you’ve been named as the executor of a loved one’s estate, we can guide you through the probate process, helping you manage legal requirements and efficiently settle the estate. Our attorneys are here to handle the complexities, allowing you to focus on honoring your loved one’s wishes.