estate settlement coordination

ASK THE RETIREMENT CONCIERGE: TO TEST DRIVE YOUR RETIREMENT

 

Dear SharonAnn,

Our planned retirement and move in 12 months is heading toward us like a bullet train and such big changes in our lives are really scary. What if we cannot make new friends? What if we would have been better off to delay it for five years? What if we run out of money? What if we get bored not working? What if we detest our new community? Signed Nervous about Change

August 23, 2015 (San Diego’s East County) - Dear Nervous: There is no doubt that life changes are nerve wracking. In fact for most of us any change pushes us into fight or flight impulses, even those changes we initiate ourselves. There is no substitute for doing your own investigation. Having Plan A and Plan B is also a smart strategy when thinking about your retirement or any move.  Our best remembered baby boomer good-bye is remembered in the words of Spock, “Live long and prosper.” We all want that!

ASK THE RETIREMENT CONCIERGE: CAN YOU CHANGE YOUR WILL YOURSELF?

 

By Sharon Ann Hamilton

Dear Retirement Concierge,

I am retired and fortunately have adequate resources. I just don’t believe in spending money if I don’t have to and it is not hard because I have chosen to live a simple life for many years now. I do have my estate documents in order: trust, will, health care directive, and power of attorney for financial matters should I be unable to act for myself. Here is the situation: I want to make a couple of small changes in beneficiary recipients. Someone told me I could just handwrite a codicil and put in in my trust documents. Is that true? Attorneys are pricy these days and if I can do it myself without risk, I will.