Elder Planning and Life Transitions after Retirement
CPA planners are in the business of helping clients address life transitions, whether it is joining the workforce, starting a business, starting a family, planning for college, or making the decision on when to retire. These transitions do not stop at retirement. Elder planning sometimes conjures images of complicated health and housing issues that CPAs are not as equipped to address. But if we break them down into the different types of transitions and decisions, it becomes clear that the skills and knowledge brought by the CPA planner complement other professionals to best serve their clients.
Articles
Practice Management and Client Relationships
- 6 Planning Ideas for CPAs Who Have Aging Clients (Martin Finn, Ted Sarenski, Martin Shenkman)
- What It Means to Be There For Your Clients as They Age (AICPA Insights, Martin Shenkman)
- How to Work With a Grieving Client (Journal of Accountancy, Gina Chironis)
- Afraid to Bring Up Elder Planning with Your Aging Clients? (Journal of Accountancy, Cynthia Kula, Doug Duerr, Reina Schlager)
- Make Your Practice Senior-Friendly (Journal of Accountancy, Gina Chironis, Ted Sarenski)
- Elder Planning: Life’s Transitions After Retirement (AICPA Insights, Lyle Benson)
Elder Fraud and Financial Abuse
- Elder Financial Abuse – How CPAs can Help, Part 1, Part 2, Part 3 (Martin Shenkman, Jim Sullivan, Randal Wolverton)
- Are You Helping Protect Your Older Clients from Financial Scams (AICPA Insights)
General Financial Planning Topics
- The Elder Planning Documents Your Clients Must Have (Journal of Accountancy, Dirk Edwards, Sid Kess)
Housing Decisions
- Understanding Senior Housing Options (Journal of Accountancy, Tom Trainor, Scott Pelfrey, Brad Breeding)
- Continuing Care Retirement Communities: Helping Clients Choose (AICPA Insights, Brad Breeding)
Podcasts/Webcasts
- Audio Clip: Taxpayer Memory Loss Excuses Rollover Failure
Videos
- Why Clients Should Start Elder Planning Early (Lyle Benson)
- Financial Planning for Clients with Chronic Disease (Martin Shenkman)
- Income Tax Planning for Clients with Chronic Disease (Martin Shenkman)
- Estate and Financial Planning for Alzheimer’s Disease (Martin Shenkman)
- Planning for Clients Living with Asperger’s Syndrome (Martin Shenkman)
Other Resources
- Read A Guide to Financial Decisions: Implementing an End-of-Life Guide (for the consumer)
We give special thanks to the CPA planners that have contributed their expertise on addressing life transitions after retirement; providing valuable insights and creating resulting deliverables throughout the year: Lyle Benson, CPA/PFS, Clark Blackman II, CPA/PFS, Brad Breeding, Jean-Luc Bourdon, CPA/PFS, Gina Chironis, CPA/PFS, Dirk Edwards, CPA/PFS, Elizabeth Forspan, Esq., Sid Kess, CPA, Vicky Kind, Steven Melnik, Carolyn McClanahan, MD, CFP, Scott Pelfrey, CPA/PFS, Ted Sarenski, CPA/PFS, Jim Shambo, CPA/PFS, Scott Sprinkle, CPA/PFS, Tom Trainor, CPA, and Mike Velazquez, CPA/PFS.