Bob Michaels is extremely passionate about providing the best possible legal experience for his clients, and focuses his practice on elder law, estate planning, business, and real estate matters. Bob has been able to provide piece of mind and a solid foundation to many folks in the Puget Sound area over the years and wants to provide resources and relevant information whenever he can. For more information on how Bob can help your loved ones through these troubling times, contact Bob to schedule a FREE consultation.

Sian-Pierre Regis, 35, is used to living with roommates. For the past 10 years he has split the rent on his apartment with two to three friends. But in June, he’s getting a co-tenant of a different sort: his 78-year-old mother, Rebecca. A situation neither of them ever expected would happen.

Rebecca has been able to live off her slim retirement savings and part-time work, but when the coronavirus pandemic hit, she found herself out of work, and at the end of May the lease on her subsidized housing expired making it impossible for her to pay her rent.

Mr. Regis is one of the growing number of millennials who are supporting their parents financially and, in some cases, giving them a place to live. 

Bob Michaels is extremely passionate about providing the best possible legal experience for his clients, and focuses his practice on elder law, estate planning, business, and real estate matters. Bob has been able to provide piece of mind and a solid foundation to many folks in the Puget Sound area over the years and wants to provide resources and relevant information whenever he can. For more information on how Bob can help your loved ones through these troubling times, contact Bob to schedule a FREE consultation.

Many scientific studies have established that there is a wide range of benefits that flow from a positive attitude and positive thinking. At a time when many are focused on worst-case scenarios and gloomy predictions, try resisting the pull of negativity and embrace the beneficial results of positivity.

You can increase not only your own well-being but also that of your children or other beneficiaries, by creating an estate plan designed to promote their happiness, which in turn, will enable them to live healthier and more successful lives.

Bob Michaels is extremely passionate about providing the best possible legal experience for his clients, and focuses his practice on elder law, estate planning, business, and real estate matters. Bob has been able to provide piece of mind and a solid foundation to many folks in the Puget Sound area over the years and wants to provide resources and relevant information whenever he can. For more information on how Bob can help your loved ones through these troubling times, contact Bob to schedule a FREE consultation.
 
Since the Covid-19 crisis began, nursing home residents have been separated from their families. Some families have gotten creative – visiting through windows, via Zoom, Facetime, and from parking lots. Although many have had no way to reach their loved one, and must rely on staff to give them updates.

Unfortunately, this isolation has increased depression and confusion in many residents, leading to heartbreaking scenes of seniors dying alone and families not finding out until after the fact, or families unable to enter their loved ones’ room during their final days.
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Nursing Home Recommendations

The current pandemic is causing many Americans to seriously contemplate their finances and retirement plans more closely. Those approaching retirement are wondering if this is still a good time to retire, what this will mean for their future, and if it will greatly impact their retirement investments.

They are also worried about their estate plan, and if the retirement savings they have in place will still be enough.

It’s not a bad idea to take this time to contemplate all of these things, and Bob Michaels is here to help. Bob is working with clients every day as they navigate these challenging times, and we highly recommend you reach out. Having a strong estate plan in place will help you know that your retirement will be protected, regardless of what life brings. Bob is available for free consultations by phone, virtually, or in person.
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Securing Your Investments
While most of the country is focusing on staying healthy and safe during the current pandemic, it’s hard to escape the real economic impact all of this has taken. The general age group most susceptible to the health dangers of COVID-19, people 60 years old and older, includes many Americans who are nearing retirement. The recent stock market volatility has, in many cases, significantly impacted their portfolios. Many are concerned that their retirement savings will no longer be enough and what that might mean.

The current public health crisis is causing financial distress for many as they struggle with a sudden reduction in income, in addition to uncertainty about how long this situation will last. Even during this uncertain time, financial obligations continue. Therefore, it is of the utmost importance to prioritize your expenses. Here are some important expenses to consider:
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The current situation, that has most Americans watching the news every day, is causing them to seriously contemplate their future securities, such as the families featured in this article. Those over 60, considered the most vulnerable, are realizing now might be the best time to get those important documents they know are so important, taken care of.

Bob Michaels is here to help. Bob is working with clients every day as they navigate these challenging times, and he highly recommends you reach out.

​“Having a strong estate plan in place will help you know that your retirement will be protected, regardless of what life brings!”

Bob may not be doing public workshops currently, but he is available for free consultations by phone, virtually, or in person at his office in Tacoma. Click HERE to schedule your personal consultation to find out what You need to do to better prepare for your future during these challenging times.
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What happens if you don’t have a Will?