As people are living longer, due to both healthier lifestyles and medical advances, it is becoming increasingly common that Denver residents find themselves rearing children while taking care of elderly parents.
There are several reasons why a person may need to have powers of attorney in place. For some people, delegating the ability and responsibility to work on their behalf in a single transaction may necessitate drafting a limited power of attorney for that transaction alone. For others, drafting a power of attorney granting another person broad powers to make financial decisions on their behalf is needed.
Many Denver residents may be aware of the need to plan their estates, but may not understand how the process works. For instance, you may be wondering what power of attorney is and how you might go about getting one.
An often overlooked but vital part of estate planning concerns making decisions about end-of-life matters. Facing one's own mortality makes many Colorado residents and others uncomfortable.
Colorado residents should all have four basic documents in place in case of serious injury, sickness or death.