How many seniors in Cedar Rapids and the state as a whole are participating in estate planning?
Most people admit that they should have a will if asked, but many haven’t prepared one yet despite seemingly understanding why estate planning is important. An estate planning attorney in Cedar Rapids can help convince your loved one to do something practical with their theoretical understanding of estate planning. The data below illustrates how many Iowans have filed trusts:
Quite frankly, the numbers above aren’t high enough considering Iowa’s population and the universal value of estate planning. An estate planning lawyer in Iowa City, Cedar Rapids, or another East Central Iowa city can help your senior figure out their final wishes whether that means leaving a substantial inheritance to their grandchildren or making a significant donation to their favorite charity and ensure they are executed.
What are the reasons a senior in Cedar Rapids might leave an inheritance for their family?
No two seniors are alike, so it’s no surprise that many older adults have different reasons for working with a Cedar Rapids-area estate planning attorney. These reasons can range from practical considerations like covering funeral costs to symbolic gestures to help their loved ones remember them. The following statistics from the Bank of America provide more insight:
All of the above are good reasons, and anything that might convince your senior to start working with an estate planning lawyer in Dubuque, Waterloo, Iowa City, or Des Moines is worth pursuing. The most important thing is that your older adult makes their wishes known before it is too late.
How to choose the best estate planning attorney in Cedar Rapids
Choosing an excellent estate planning lawyer in Cedar Rapids or another part of East Central Iowa begins by identifying your older adult’s unique needs. You want an estate planning attorney who has demonstrable experience working with the types of assets in your loved one’s portfolio whether that means cash, stock options, or precious metals. You should also eliminate any potential estate planning attorney in Dubuque who cannot provide references or seems to have paid for them. Personality is another key consideration when choosing a Dubuque or Waterloo estate planning lawyer, as your loved one has to be comfortable discussing sensitive issues with them. The price of estate planning services in East Central Iowa should be considered as well.
Our comprehensive guide to choosing an estate planning attorney includes a variety of great tips to help you find a great lawyer for your loved one, so please consult it regularly throughout the research process.
Estate planning solutions for Cedar Rapids seniors
We know that you don’t even want to think about life without your beloved older adult, but ensuring that they have their affairs in order is a great way to protect their legacy. Working with a Cedar Rapids estate planning attorney could also provide peace of mind since your senior will know that their assets will be bequeathed according to their wishes. Seasons provides local listings to help you start looking for an experienced estate planning lawyer, so please make good use of them.
