Family Estate Planning Attorney in Northglenn, Colorado
What estate and financial planning should be done to protect my parents as they age?
What estate and financial planning should be done to protect my parents as they age?
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through estate planning the main thing
for the future for parents is getting
making sure that they have things like
power of attorney documents in place a
lot of the financial side of things is
kind of a financial planner making sure
they’ve got their assets where they are
growing and taking care of them best but
making sure you as their child can help
them if anything happens making sure
that your parents have a financial power
of attorney set up where they have
someone who can take care of them if
they can no longer make their own
decisions or even if they just don’t
want to anymore sometimes that happens
too have your kids help you because they
can so Financial power of attorney
medical power of attorney are ways that
you as a child can make sure you can
take care of your parents if you needed
to help them with any Financial or
medical matters
Northglenn, CO estate planning & probate attorney Kayla Seale discusses the estate and financial planning that should be done to protect your parents as they age. She explains that in terms of future planning for parents, estate planning is crucial. Setting up power of attorney documents is essential to ensure that the children can assist the parents if needed. A financial planner can help with the financial aspects of estate planning such as asset management. However, it is important to make sure that the parents have designated someone to take care of them if they can no longer make their own decisions or don’t want to. This can be done by setting up a financial power of attorney or medical power of attorney, which allows the child to help with any financial or medical matters that may arise.
