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How Hard Is Your Money Working?, Elder Law Attorney, Woodstock, GA

Your money should always work for you, but when you’re retired, it needs to work even harder. Help safeguard your retirement by placing demands on your hard-earned cash.

A recent article published in MoneyWatch, “Seven demands retirees should place on their money,”lists these important money demands:

  • Growth: Make sure you still have a growth component in your portfolio. You don’t want to be faced with trying to live on an income that no longer covers your costs.
  • Safety: Keep your money in a safe place in the care of a reputable custodian who is not part of the investment company. Two words of warning: Bernie Madoff.
  • Tax Efficiency: Remember what Mom used to always say, “It’s not about how much money you make, but how much money you keep.” She was right – after-tax cash flow is a must.
  • A Healthy Long-Lasting Income: Ask your financial planner to conduct a cash-flow analysis to see how your money shakes out in five, ten, twenty and thirty years. Get help creating a plan that takes taxes, healthcare costs and inflation into consideration and one that increases the probability that you’ll receive an income for the rest of your life.
  • Control: Have some control over the access to your investments. What if there’s an emergency?
  • Access: Set some money aside for an emergency fund or rainy day fund, in case you have an unforeseen expense.
  • Effective Estate Planning: Make sure that your estate plan lets your loved ones inherit your estate in the least-taxed, most cost-efficient way.

Make your money work hard! Speak with a qualified estate planning attorney.

Reference: MoneyWatch (August 3, 2015) “Seven demands retirees should place on their money”

Hear From Our Clients
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“On the threshold of retirement, we finally decided to quit thinking we could self-prepare the requisite documents. We had previously had only a very simple will. We needed the necessary legal (including updated will) & health care docs but didn’t want to deal with the time & complication of legalese. Cindy made the process relatively painless. She took the time to explain and answer questions without trying to upsell services. We were done in 2 meetings plus the reading of emailed drafts. In addition to preparing the documents, Nelson Eldercare will be there when our adult children need advice on executing the plans we’ve put in place.So glad it’s behind us and would recommend Cindy and her helpful staff.”

- Bonnie

Cindy and her company treat their clients like family. Nelson’s offers clear, direct, and honest guidance in planning for your families security and future. No one wants to actively sit down and make these decisions, but Nelson’s makes this process seamless. I was so impressed with their willingness to answer all questions big or small. So glad I made the decision have them help my mom and dad and now me. You can’t go wrong with Nelson’s Elder Care Law.

- Hope

The very best elder law attorney and staff anyone could ever ask for! I have referred a number of clients to Cindy and she never disappoints. She is kind, caring, and extremely thorough in making sure everything is completed as it should be. I highly recommend Cindy for anyone needing lawyer services; she truly goes above and beyond for every client she helps and has had a huge impact in so many peoples’ lives. Thank you, Cindy and staff, for everything that you do- I’m so glad to know you!

- Kerri

I heard Cindy’s presentation at a Senior Luncheon at my church, and was very impressed. She helped my daughter and me understand many aspects of elder law. Josh has also been very helpful in my planning to enter an independent living situation . I have told many friends about them.

- Charlotte

Cindy and the Nelson Elder Care Law team are trustworthy and helpful. They are the experts in elder care law. At Leaf Cremation, we entrust our families to the care of the Nelson team when their services are needed.

- Pierce