Tacoma Elder Care, Protecting and Caring for Your Family Like Our Own

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 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?

Even under normal circumstances, caregivers deal with guilt over their care for older loved ones. However, during the pandemic crisis, this guilt has become even more troubling with so many loved ones being hospitalized and isolated.

Elders who have been exposed to Covid-19 or are at a greater risk, are unable to see or spend time with loved ones, grandchildren, and friends. Elders who are trapped in other countries, quarantined areas, healthcare facilities, etc., are often unable to communicate with anyone. Not to mention communication has been being relegated to things like Facetime, Zoom or Skype, requiring internet connections, computers and cell phones.

Families Kept Apart by the Pandemic

At Tacoma Elder Care we are always looking for ways to educate and assist the aging population here in the Pacific Northwest, and beyond. Tacoma Elder Care was created by Bob Michaels, an elder care attorney in Tacoma who goes above and beyond the basic legal needs of his constituents. Bob holds regular Workshops and discussions with many local organizations (and individuals) focused on improving and providing assistance to the elder population. As times adapt and change to what we are now all calling, “the new normal,” Bob wants you to know he is available for free consultations regardless of your age or situation.

For now, and the foreseeable future, things have changed dramatically for those over 65. Considering older people are typically, ‘less healthy than others,’ COVID-19 has hit the elderly at a significantly higher rate than younger people. Those who are hospitalized are isolated, even if they’re not ill, and many are struggling to make meaningful contact with loved ones using technology they are unfamiliar with. Additionally, the pandemic is underscoring chronic problems in our healthcare, hospitals, and nursing home facilities.
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Which begs the question, what will it be like to be an older person in the future?

Having well drafted, current documents vital. Not all documents are created equally and are only as good as the words in them. An experienced elder law attorney knows what must be included and ensures you are covered.

As the pandemic continues across the world and reaches epic numbers here in the U.S., it is becoming more important each day that every adult over the age of 40 have some important documents in place. Such as a living will, a health proxy and HIPAA release — at a minimum.

What key steps should you take now?

At Tacoma Elder Care, your safety and security are one of our biggest priorities.

As part of our commitment to helping you through these challenging times, we want to share important information you may find interesting or relevant. This article, recently posted by Kaiser Health, brings attention to a silent crisis now occurring with elders in need of nursing care who are being turned away due to a shortage of beds and concerns surrounding the prospect of taking patients who may have coronavirus infections.