How many seniors in Colorado Springs and the state as a whole are participating in estate planning?
As you’ll see below, there are a fair number of adults in Colorado with trusts established. But there are also plenty of seniors who haven’t gotten started yet. And if that applies to your loved one, then hiring an estate planning lawyer in Colorado Springs or Pueblo is the best thing you can do to get their end-of-life planning back on track.
Maybe you’re hesitant to pursue estate planning services in Colorado Springs because you’re worried about how much they’ll cost. But there are plenty of different options to choose from, including self-service and online estates. These can be very affordable and give you a way to at least put together a basic will for your senior so that they’re prepared for whatever happens to them as they grow older.
How many seniors in Colorado Springs are participating in estate planning?
Old age is unpredictable. That’s why so many older adults have wills already in place. But even if your senior already does, the will they created when they were younger may not accurately reflect all of their preferences now. It’s another reason why hiring a Colorado Springs estate planning attorney could be a good move for your family.
Prevalence of wills among older adults
Adults age 72 or older with a will
Adults age 53-71 with a will
Adults 72 or older with power of attorney in place
Some older adults believe they don’t need a Colorado Springs-area estate planning attorney because they don’t have much wealth to leave behind. But these lawyers can also help with medical planning and other end-of-life preparations to ensure that those wishes are followed as well. This means that nearly everyone can benefit from having some end-of-life legal documents drawn up — even if they don’t have a ton of money.
How to choose the best estate planning attorney in Colorado Springs
As you start looking for an estate planning lawyer in Colorado Springs, Pueblo, or another nearby city, there are a few different considerations to keep in mind. For example, you’ll want to evaluate factors like pricing, areas of expertise, and years of experience. It’ll also be important to make sure that your senior has a voice in this process. The lawyer that you hire is going to be creating a will for them. So it’s important that the attorney meshes well with your loved one.
It can be useful to create a checklist that details everything you’d like to see in an ideal estate planning lawyer in the Colorado Springs area. Then you can use that list to compare your options and see which ones offer you the best blends of benefits. You can also check out our comprehensive guide to choosing an estate planning attorney to learn more about this process.
Estate planning solutions for Colorado Springs seniors
There are tons of different estate planning options out there for Colorado Springs-area seniors. Whether your loved one needs a complex trust drawn up or they just want to make sure that their medical wishes are adhered to, there are professionals in the area who can help. You just need to know how to find them. That’s why Seasons has created the resources on this page. We hope you can use them to find the right attorney for your family.