Hello, and welcome aboard. On this sit you will find a great deal of good information from people who have done what you are thinking. The internet is a great tool for research, but you MUST, not take what you may find as fact..
The fact of the matter is this. Ecuador is a beautiful country with some great people, but. It has it's problems just like any other place on this planet. You do research until you are blue in the face, you will find good things as well as bad, but nothing can provide more useful information to you, than actually coming here and checking it out for yourself, period. I am not talking about a three day visit trying to see four cities etc. There are a few things you need to decide right now.
1. What can I afford?
2. What kind of climate do I want?
3. Do I want to live in a city or country?
4. Do I need to be close to medical facilities?
5. Am I ready to leave all my family and friends?
These are just a few of the important questions you need to ask yourself, and be honest with your answers. Many people have stopped dropped and moved, only to find they can't handle it.
I can tell you all day long how I love Ecuador, but my view of perfect or paradise WILL NOT, be the same as yours or anyone else's. Do yourself a favor and plan a trip here, at least 2 weeks if possible and longer if practical. Then you can have all your questions answered and see for yourself if Ecuador is a fit for you.
When you read on the internet how you can live here for $500.00 a month, it's not going to happen. Unless you like to live a VERY meager life. So make as many contacts on this site as you can, there are many very good people here who are happy to help you, people who have came here and made it. Then come and see it for yourself, only then make your decision. Anything else I could say would be biased and unfair to you. The good thing about free advise, is that you don't have to take it.
In closing, don't think or let some one convince you that you need a lawyer, when and if you decide to make the move. Myself as well as many others will tell you, it is not needed. If you have your paperwork in line and all your ducks in a row you can do it yourself or with minimal help. All the resources you could need are right here on this site, and most will help you just to help nothing more. Enough said.
Good Luck...