As seniors age, they often see an increase in their health care needs. In Colorado, costs for a rapidly aging population are expected to explode in the coming years.
When it comes to estate planning, not many people in Colorado give much thought about what will happen to their pets when they die. Many of them assume that they will outlive their pets so there is no need for them to plan for their care. As uncomfortable as it may be for them to think of life without their pets, it can be even more unbearable for them to think of the life their pets may live when after they are gone.
Have you been putting off your estate plan? It can be hard to focus early in life on what to do with your assets. The very thought of no longer being around for your family is hard to approach, but once you reach retirement the need to have complete a full estate plan begins to feel very real.
Having a baby is a life changing event. Not only does this new addition convert a couple into a family unit, but the little bundle of joy may also impact how the couple views the world around them. If the financial impact of raising a family has not yet become a reality, this truth will become apparent after receiving the bill from the hospital for the labor and delivery process.