Silver Tsunami: Everyone has different financial needs as they grow older; Lindabury helps put you on the proper path

Positive multiracial senior people men and women in casual playing jenga at nursing home, sitting around table, drinking tea with cookies, playing table games, knitting, spending time together

As the population approaches retirement age in greater numbers, Lindabury’s Wills, Trusts & Estates group is taking proactive steps to meet the growing demand for estate planning, elder law, and guardianship services. We recognize that we have some clients who are navigating the complexities of supporting children, others who are dealing with securing care for elderly parents, and many who fall into both categories. To better serve them, we have implemented a multi-pronged approach:

Comprehensive Estate Planning

We work with clients to craft estate plans which are structured not only for asset distribution but also for long-term care planning. This includes integrating trusts and other planning tools that offer protection against future healthcare costs, tax burdens, and probate delays. We also place a strong focus on helping clients navigate tax-efficient transfer strategies that protect multi-generational wealth.

Elder Law Focus

Elizabeth Candido Petite

The needs of families who care for aging parents has become increasingly critical in our practice. We provide guidance on Medicaid planning, long-term care insurance, and strategies for protecting family assets. Our elder law attorneys continue to expand their knowledge and understanding of new legislative and regulatory developments impacting seniors. Lindabury is fortunate to have a partner in its Wills, Trusts & Estates group who has been accredited as a Certified Elder Law Attorney by the National Elder Law Foundation, the certifying organization approved by the American Bar Association.  There are less than 50 attorneys in New Jersey who hold this certification. 

Guardianship Planning

As more families face the challenges of managing the affairs of loved ones who become incapacitated, we are assisting families with legal guardianships and powers of attorney. These instruments are vital to protecting our clients’ interests, particularly as cognitive decline becomes more prevalent. Our goal is to empower clients to make informed decisions before a crisis occurs.

We aim to provide clients with peace of mind and knowledge that their family’s future is secure.  We take a holistic approach, integrating financial, medical, and legal strategies that provide long-term stability. We assist by creating flexible estate plans that can adjust to changes in family dynamics, such as remarriage, the birth of grandchildren, or the need for elder care.

Moreover, we emphasize the importance of clear communication between family members throughout the planning process. By facilitating open discussions, we help avoid future conflicts and misunderstandings, which are common in situations involving inheritance or guardianship.

Ultimately, our goal is to create a tailored, flexible legal strategy for each client. Whether it’s through updating estate plans to reflect new tax laws or preparing clients for potential healthcare decisions, we work tirelessly with clients to ensure that no matter what life brings, they and their families are protected. Lindabury’s forward-thinking approach provides clients with confidence that their legal affairs are in order and offers a sense of security in an otherwise uncertain future.

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Elizabeth Candido Petite is a partner in Lindabury’s Wills, Trusts, and Estates practice group, where she focuses on estate planning and trust and estate administration. She works with families, fiduciaries, and other professionals to create customized estate plans and achieve tax-efficient outcomes during all stages of estate administration.