Many people are often concerned that after they spend their money in retirement, they will not have anything left over toleave to their families. It can be a difficult problem simply because people are living longer and longer thanks to advances in medical science. Many people will need more money in their retirement years than they planned for. However, with proper planning, you can make sure that you have something to leave behind for your loved ones.
Whatever your retirement plan is, make sure that you tell your estate planning attorney about it. You estate plan can take it into consideration and your attorney can craft a plan that is tailored for the retirement plan that you have. In some cases, you might need to change your retirement plan slightly, and you attorney might be able to help you with that too or suggest another professional who can.
Whatever you do, do not make the mistake of thinking that you do not need an estate plan because you are going to spend it all before you pass away. While people are living longer and longer in general, not everyone is. Make sure that you have a plan in place even if you do not think you need one.