Posts Tagged ‘ estate planning issues ’

SENIORS: BEFORE SPENDING IT ALL

Jan 30th, 2012 | By Dr Jerry D Elrod | Category: Senior Moments Blog

Before all your resources are spent, you may want to identify a means for evaluating what intentional desires you have for your estate upon your death. Making decisions about your estate is an early on decision which prevents heartache and disappointment later.

For those who have structured their lives to take into account the consequences of choices, this will be less a challenge than for those who have lived day to day. Resources must be tended to, like a garden. If those resources are to provide sufficient income for yourself and, if you desire to be in a position to gift others, then intentionality will be a major influence.

Upon retirement, there are several practical and flexible issues that need to be taken into account. Having made out an estate plan in