Felinton Elder Law & Estate Planning Centers Founder Urges Protecting Retirement Assets

DELRAY BEACH, Fla. - Jan. 27, 2020 - PRLog -- Elder Care Attorney, Mindy Felinton reminds readers that we live in a litigious society and that waiting until a need arises for asset protection is too late. She urges readers to be proactive in working with a reputable attorney to establish an estate and asset protection plan.

Delray Beach, FL. January 27, 2020: Mindy Felinton, founder of Felinton Elder Law & Estate Planning Centers, has posted a new article on her law firm's website entitled "If You Have An IRA Or 401k You Have An Estate To Legally Protect," in which Ms. Felinton establishes that everyone, not just the wealthy, has assets to be protected.

As Felinton points out, "Most people typically think someone who has an estate plan is rich and famous with millions of dollars that will be divided among heirs upon death." She continues, "Images of fighting siblings after the rich parent's death is a common scene in many movies. However," she adds, "you don't have to be among the rich and famous to have an estate nor to have an attorney to protect that estate."

According to Felinton, "An estate is comprised of assets and most working people have an IRA or an employer provided 401k plan." "That," says Felinton, "means you have an "estate." If you own a home, that's part of your estate." She explains, "What an estate and asset planning attorney does is legally protect assets against anyone who decides they want to try to grab some or all of your assets by filing a lawsuit against you."

The entire article can be read at https://www.felintonlaw.com/if-you-have-an-ira-or-401k-you-have-an-estate-to-legally-protect/

About Mindy Felinton

Mindy assists families with Medicaid planning to help with the cost of nursing home care and with obtaining veteran's benefits to make the cost of care more manageable.   She also prepares wills, trusts, powers of attorney, and medical directives.  Mindy is passionate about educating both other professionals and the public concerning VA Aid & Attendance benefits, Medicaid benefits,  and the use of trusts for the protection of assets. She shares her experience and professional knowledge through free workshops, and as a frequent lecturer at State Bar Conferences.