Our Estate Planning Blog

Social Security retirement age

The Impact of Potential Changes to the Social Security Retirement Age — Guidance from a Nearby Estate Planning Attorney

Lawmakers continue to debate whether to raise the Social Security retirement age as part of long-term funding reforms. While no final decisions have been made, the potential impact is significant. For individuals and families planning their financial future, these changes could affect lifetime benefits, retirement strategies, and estate planning decisions.

As an estate planning attorney, I regularly help clients in Naperville and the surrounding Illinois communities understand how these developments may influence their long-term plans.

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changing states for retirement

The Tax Trap of Retiring Out of State: Why Lower Income Taxes Don’t Always Mean Bigger Savings

changing states for retirement for tax savings may seem like a sound financial move, but the full picture often reveals otherwise. Housing costs, insurance premiums, property taxes, and even estate taxes can offset or outweigh the benefits. If you’re a Naperville resident considering retirement out of state, talk with a qualified Naperville estate planning attorney before making a decision.

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cryptocurrency estate planning

Avoid a Crypto Disaster

While the focus tends to be on the growth of the asset class and opportunities to prosper, for many cryptocurrency investors, more attention must be paid to transferring assets to loved ones and protecting the store of wealth from unfounded and frivolous lawsuits.

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