Tag: Estate planning

For many older adults, their home represents much more than a place to live. It’s where memories were made, families were raised, and often it’s the largest financial asset they’ll ever own. But without careful planning, that same home can become the source of family conflict, unnecessary taxes, probate delays, and financial hardship. Suzanne Newman and Cory discuss how seniors and their families can protect their homes, preserve generational wealth, and avoid many of the common pitfalls that occur when estate planning is overlooked.

Estate planning is one of those topics that many families know they should discuss, but often postpone until it's too late. Whether it's because the conversation feels uncomfortable or because people assume estate planning is only for the wealthy, delaying these important decisions can create unnecessary stress, conflict, and financial hardship for loved ones. Suzanne and Cory explain why every adult—not just retirees or affluent families—needs an estate plan. Their conversation goes far beyond wills and trusts. Together, they discuss how thoughtful planning protects your family during life, after death, and throughout the many transitions that come with aging.

What happens when your aging parent reaches a crossroads and you don't know how to help? In this episode, Suzanne and Cory discuss how adult children can start important conversations with aging parents while preserving their dignity, independence, and autonomy. Learn why waiting until a crisis occurs often creates unnecessary stress, family conflict, and uncertainty.

What happens when aging parents face major housing decisions without a plan? In this episode of Answers for Elders, host Suzanne Newman welcomes certified Senior Real Estate Planner Cory Boldhoff, founder of The Complete Real Estate Group and Complete Senior Solutions. Cory shares his personal family experiences that inspired his mission to help seniors and their families build, protect, and transfer generational wealth through real estate while avoiding the costly mistakes that can create family conflict and financial hardship.

The value an estate planning attorney brings you, vs. just downloading documents yourself online, is a discussion Andrea Lee frequently addresses. They are who will advocate for you. If you're a senior, an estate planning attorney or an elder law attorney is worth their weight in gold. Andrea Lee from Legacy Estate Planning joins Suzanne Newman on the Answers for Elders podcast to talk about the benefits of hiring an elder law attorney.

Elder law attorney Andrea Lee from Legacy Estate Planning joins Suzanne Newman on the Answers for Elders podcast to clarify the steps an executor of the family estate has to take after a senior loved one passes.

With multi-generational housing on the rise – aging parents moving in with their adult children — this segment looks at the complex issue from the child's point of view. Elder law attorney Andrea Lee from Legacy Estate Planning joins Suzanne Newman on the Answers for Elders podcast to talk about expectations and approaches.

Since COVID, there has been a 40% increase in multi-generational housing: either senior parent or parents have moved in with their children, or kids who can’t afford to live on their own have moved back home again. For an aging parent, they wonder: should I sell my house? Should I invest money in my son or daughter's home? Should I move in with them? What does that mean for my overall estate plan, my assets? How does that affect the other heirs if I have other children? Elder law attorney Andrea Lee from Legacy Estate Planning joins Suzanne Newman on the Answers for Elders podcast to talk about this complex issue.

If you're single, it's much harder to plan financially in advance for retirement, as there are more options available for married couples. To alleviate worries about finances and aging, or the possibility of an unhealthy retirement where you might face a chronic illness, you may want to research alternative living facilities on your own ahead of time, or prepare irrevocable trusts to preserve assets. Elder law attorney Andrea Lee from Legacy Estate Planning joins Suzanne Newman on the Answers for Elders podcast to talk about various ways single folks can protect their assets for retirement and beyond.

A lot of people choose not to get married. They cohabitate, they mix assets, they'll buy a home, and some even have retirement plans. There are many legal protections for married couples, but some of those protections don't extend to individuals who live together, such as Social Security, Medicare, Medicaid benefits. If an unmarried couple decides to live together, they ought to discuss how to protect each other, and consider how do you protect yourself if you choose to live with a partner. Elder law attorney Andrea Lee from Legacy Estate Planning joins Suzanne to talk about protections and estate planning for unmarried couples.