We spend time and money investing in our retirement. And when the time comes to retire, we usually have plans for traveling, visiting family and friends, golfing or just relaxing anywhere we can after many years of working.
With careful and strategic estate planning, you can maximize your retirement benefits and ensure that your assets are protected for future generations.
Social Security, Supplemental Security Income, Railroad and Veterans Benefits
There are many benefits available—from social security and supplemental security income, to benefits specifically for veterans and railroad workers. Figuring out how to apply, filling out the application, and understanding the appeals process if your initial application for benefits is denied, can be tricky. Even knowing when you are eligible and for what services or funds can be tricky. At Stone Law, we work with you to determine what you are eligible for and we provide assistance through the whole process, starting with your initial application through to any possible appeals.
Pensions, 401k Plans, IRAs and Roth Retirement Plans
Knowing which retirement plans and accounts you have, when and how distribution of funds work, who your beneficiaries are, and how to manage these assets is important. Depending on the amount of money available and invested, decisions will need to be made to plan for what happens after you pass away.
Simply leaving the money to your spouse, partner or children named as beneficiaries might not be enough. Estate taxes and other financial issues might arise for your family. With proper estate planning, you can maximize your hard work and reap the benefits for years to come. Call today for an appointment and we will work with you to ensure you have the right estate planning in place, whether that means starting from scratch or working with existing estate plan documents.
Stone Law does not provide investment services, but we can give you a second opinion on how you are invested and provide you with questions to ask your investment advisor so that you can be fully informed before making any decisions.