Retired Without an Estate Plan? It’s Not Too Late to Protect Your Assets

You’ve worked hard your entire life—built a career, raised a family, and now you’re enjoying the well-earned rewards of retirement. But if you haven’t created an estate plan yet, you may be putting your legacy and your loved ones at risk. The good news? It’s not too late to take action and protect what matters most.

Why Estate Planning Still Matters—Even in Retirement

Many retirees assume that because they’re no longer earning an income or raising young children, estate planning isn’t a priority. Others may think they don’t own “enough” to warrant a formal plan. In truth, estate planning isn’t just for the wealthy or the young—it’s for everyone who wants to ensure their wishes are honored and their loved ones are taken care of.

An estate plan goes beyond just distributing your assets. It can:

• Designate who will make medical and financial decisions for you if you become unable to do so.
  
• Help avoid probate court delays and costs.
  
• Minimize estate taxes and legal complications.
  
• Prevent family disputes over your estate.
  
• Protect assets for grandchildren, dependents with special needs, or charitable causes.
  

What Happens Without a Plan?

If you pass away without an estate plan in California, your estate can be distributed based on the state’s intestate succession laws. That means the government can decide who receives your assets—regardless of your personal wishes or family dynamics. This process can be time-consuming, costly, and emotionally draining for your loved ones.

Additionally, if you become incapacitated due to illness or injury, and you haven’t named someone to handle your medical or financial affairs, the court may appoint someone for you. That person may not be someone you would have chosen.

It’s Not Too Late to Get Started

Whether you’re 65 or 85, now is the perfect time to put a plan in place. At Cannon Legal Firm, we make the estate planning process simple, compassionate, and tailored to your needs. We take the time to understand your goals, family situation, and assets to create a plan that gives you peace of mind.

Even if you already have a will or trust, it’s wise to review and update it during retirement. Laws change, assets shift, and your family situation may evolve—your plan should reflect your current wishes.

Let Us Help You Take the Next Step

Estate planning in retirement isn’t just about paperwork—it’s about creating security for yourself and your family. It’s never too late to plan ahead, and the sooner you start, the more control you’ll have over your future.

If you’re retired and haven’t yet created or updated your estate plan, we’re here to help. Contact Cannon Legal Firm today to schedule a free consultation and take the first step toward protecting your legacy.

📞 Call us today or visit www.cannonlegalfirm.com to learn more. Your future deserves a plan—let’s build it together.