How many seniors in Providence and the state as a whole are participating in estate planning?
End-of-life documents cover a variety of types of documentation, including the will, financial and health care power of attorneys, living trusts, advanced directives, and more. Without these, it can be challenging for a family to know the right decisions for their loved one. The IRS reported the number of returns filed in Rhode Island for complex and simple trusts:
While the state’s elder adult population is just over 182,000, the numbers above show a clear need for assistance with estate planning. Don’t let the senior in your life make no decisions on their future. You can help your loved one take the first steps toward making these difficult decisions by enlisting the services of a Providence estate planning attorney.
Do adult children in Providence have any worries about their parents estate?
If your loved one hasn’t yet completed a will, it may lead to confusion and conflict within the family. However, an experienced estate planning lawyer in the Providence area can bring ease to the process, as well as advocate for the senior in your life. The chart below outlines the primary concerns that the adult children of seniors have shared with Brookdale Senior Living:
If your loved one doesn’t have a will yet, there may be a lot of uncertainties revolving around the future. Regardless of what your particular fear may be, these can be put at ease. An estate planning attorney in Providence, New Bedford, or another nearby city can help your loved one tackle difficult questions, whether they’d prefer to divide their finances among family or charitable donations.
How to choose the best estate planning attorney in Providence
While it may seem like a daunting task to find excellent estate planning services in Providence and surrounding areas, you find someone who is suited to working with the senior in your life. First, you’ll want to gather a list of prospects. Toss any who aren’t prepared to provide references to narrow it down to those with whom you’ll interview. Have your loved one join to get a feel for the lawyer, as they’ll need to be comfortable engaging with them on an ongoing basis. In addition, you’ll want to get an understanding of their background experience with the specific types of documents your senior requires. Learn more with our comprehensive guide to finding an estate planning attorney.
Estate planning solutions for Providence seniors
f the senior in your life hasn’t put their affairs in order, it’s important to open the conversation sooner than later. According to Reuters, some people begin filling out forms for their end-of-life documents, but the material isn’t available to be shared with family in time to be of use. It can help your family feel more confident and secure making decisions during medical emergencies and other situations in which your loved one can’t communicate their wishes to others.
Get started in your search for a Providence-area estate planning attorney today with our listings above.
