In seven years of following abusive probate cases, some combination of disgruntled family members, wannabe heirs or unscrupulous attorneys (and/or courts) are the most common sources for such actions. With additionally viewing popular retirement destinations as hot spots for those looking to perpetrate these actions, we keep the Estate of Denial® audience updated as fresh information becomes available as to just where those spots are.
MoneyRates.com has just released its third-annual lists of best and worst states to retire. Cost of living, property taxes, unemployment rates, violent crime rates, property tax rates, climate, life expectancy for seniors and recent population growth in the senior demographic are the factors used to determine this ranking.
The 10 Best States to Retire 2012 are: 1) Hawaii, 2) Idaho, 3) Utah, 4) Arizona, 5) Virginia, 6) Colorado, 7) Florida and New Mexico (tie), 9) South Dakota and 10) California and Texas (tie).
The 10 Worst States to Retire 2012 are equally of interest: 1) Michigan, 2) Alaska and Pennsylvania (tie), 4) Illinois, 5) Massachusetts, 6) New York and Ohio (tie), 8) Maine, 9) Maryland and 10) Rhode Island.
Our 2008 column Your town, USA – a great place to live, launch and loot? – while in need of an update – still conveys important perspective as to the appeal retirement destinations can hold for estate looters and other probate poachers.