Retirement Plan

Retiring? It’s the right time to plan.

Retirement is when accounts get rolled over, homes get paid off, and long-term care becomes a real possibility. It is also when there is still time for the five-year Medicaid look-back. A Retirement Plan puts everything in order for the years ahead.

Call (844) 544-PLAN to schedule

The short answer

Rollovers and new accounts often reset beneficiaries. And a Medicaid trust only protects assets after five years, so the time to plan is before care is needed.

Do this first

✓List every retirement account and its beneficiary

✓Note any rollover you have done or plan to do

✓Think about how you want to pay for long-term care

What happens without a plan

Retirement accounts

Without a plan

A rollover may leave no beneficiary, sending the account through probate.

With the Retirement Plan

Every account names the right beneficiary.

Long-term care

Without a plan

Care costs can consume savings and the home.

With the Retirement Plan

A Medicaid trust set up now can protect them.

Incapacity

Without a plan

Without powers of attorney, family may need a court to help.

With the Retirement Plan

Agents you choose can step in.

What the plan includes

What your Retirement Plan includes

Revocable living trust

Keeps your estate out of probate.

Medicaid asset protection trust review

Whether protecting the home and savings makes sense now.

Retirement account beneficiary review

Every account coordinated with your plan.

Powers of attorney

Financial and health care agents.

Living will

Your care choices.

Deed to your home

Titled to avoid probate.

Questions

Common questions

Every family is different. A 15-minute call with a licensed attorney answers the rest.

MississippiMedicaid Trust Guide: Mississippi→ LouisianaMedicaid Trust Guide: Louisiana→ Washington, D.C.Medicaid Trust Guide: Washington, D.C.→

When should I consider a Medicaid trust?

If long-term care is possible and you want to protect the home, at least five years before care is needed.

Should my IRA go to my trust?

Usually your spouse should be the first beneficiary. We will explain when a trust is the right backup.

Do I need to update my will?

If it is more than a few years old or your family has changed, probably yes.

What about my 401(k) and Medicaid?

Rules vary by state. Our Medicaid guides explain how each state treats retirement accounts.

Retire with a plan in place.

In 15 minutes, a licensed attorney will tell you what your family needs and quote the flat fee in writing.

Call to schedule