As they age, those in LGBT community need to weigh medical, financial issues

Estate Planning

By Landon Wilson

Landon Wilson is an attorney with Prather Ebner LLP. Wilson helps individuals, families, and owners of closely held businesses navigate estate planning, tax, and corporate issues in the United States and abroad. He may be reached at landon@pratherebner.com.

Posted November 2, 2021 10:39 AM

A history of discrimination against the LGBT community in America has created a general distrust of mainstream institutions for these individuals, including how they prepare for their estate needs as they reach retirement age. Adding to this issue is the fact that many LGBT older adults are unmarried, may live alone, and often rely on other older adults they are not biologically related to for their caregiving.As a result, the definition of family for older LGBT individuals is of particular concern. The individuals who may …

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