Secure Your Future. Protect Your Family. Preserve Your Legacy.

Estate planning is not just about paper documents. It is a carefully designed strategy to protect you, your loved ones, and your most valuable assets when you need it most.

Photo of Stephen G. Emert
  1. Home
  2.  » 
  3. Estate Planning And Probate
  4.  » Safeguarding Retirement Plans, IRAs And 401(k)s

Protecting The Value Of Retirement Plans, IRAs And 401(k)s

A lifetime of hard work can create substantial rewards, especially with proper retirement planning. Retirement plans are often some of the most substantial assets a person has. You may have spent decades putting money away and working to ensure that you and your loved ones have the financial resources necessary to live the lives you dream of. Those resources are often invested in an IRA, 401(k) or some other type of retirement plan.

In our judgment, as well as many in the legal community, recent court rulings have suggested that retirement assets that are inherited by a spouse or children may not be protected, but rather are exposed to bankruptcy and probably other dangers such as lawsuits and divorce. As a result, it is important that any retirement assets that would be left to your loved ones in your estate plan be properly protected. This is especially true when your heirs face various issues such as:

  • Financial recklessness or extravagance
  • Drug/alcohol abuse
  • Bankruptcy
  • Lawsuits
  • Marital problems

All of these threats can lead to the depletion or elimination of what you have worked so hard to build.

Through careful trust planning, you can leave the remainder of your retirement accounts to your children and minimize the risk of them using it (or losing it) unwisely. A retirement plan trust can be created with various restrictions while retaining the income tax advantages of retirement planning. A trusted person can be named as trustee, who can be tasked with controlling access to the funds and limiting that access to certain priorities that can be stipulated by you in the trust.

Securing Your Family Legacy

Ensuring that your heirs gain the most benefit from the wealth you have accumulated in your retirement accounts can require careful planning. At Emert | Yeom, LLC, in Georgia, our experience allows us to offer clients the protection they need for assets that may be exposed to risks and dangers faced by their heirs.

We work hard to get to know you, and we offer tailored estate planning solutions that can help ensure that your heirs have the help you want them to have.

Contact An Experienced Attorney To Protect Your Retirement Assets

If you have concerns about how to protect your retirement assets and protect and provide for your beneficiaries, Emert | Yeom, LLC, can help. Call one of our trust lawyers at 678-926-9284 to schedule your free initial consultation. You may also email us. Prior to your free consultation, we ask that you complete our online questionnaire.