When most people think about estate planning, they imagine it’s something only the wealthy or elderly need to worry about. But the truth is, every family in Centennial, CO—regardless of age or income—needs a plan. Whether you’re just starting your family, planning for retirement, or anywhere in between, having a clear estate plan ensures your wishes are followed and your loved ones are protected.
What Is Estate Planning, Really?
Estate planning isn’t just about having a will (though that’s a great start). It’s about creating a roadmap for what happens to your assets, your responsibilities, and even your medical care if something unexpected occurs. A solid estate plan typically includes:
A will or trust
Powers of attorney for financial and medical decisions
A living will or advance directive
Plans for guardianship if you have minor children
Beneficiary designations for accounts like life insurance or retirement
Why It Matters in Centennial
Centennial is a vibrant, growing city with families of all shapes and sizes. Whether you’re a young couple buying your first home or retirees enjoying life, having an estate plan in place ensures:
Your family avoids unnecessary stress – Without a plan, loved ones are left to guess your wishes while navigating complex probate courts.
Your children are cared for – If you have minor children, you need to name guardians in case something happens to you.
Your assets go where you want – Colorado’s intestacy laws might not reflect your personal wishes.
You stay in control of your healthcare – Advance directives help ensure your medical care aligns with your values.
Colorado-Specific Considerations
Colorado has some unique laws when it comes to estate planning. For example:
Probate is relatively simple here compared to other states, but it can still be time-consuming and public.
Colorado recognizes self-proving wills, which can make things smoother for your executor.
If you own property jointly or have designated beneficiaries on accounts, those assets may bypass probate—but only with proper planning.
Working with a local expert who understands Colorado law ensures your documents are valid and tailored to your specific needs.
When Should You Start?
There’s no “perfect” time, but the right time is now. Life is unpredictable, and estate planning isn’t just about preparing for death—it’s about planning for life. Marriage, children, buying a home, starting a business, or retiring are all moments that should trigger an update to your plan.
How Wills Simplified Can Help
At Wills Simplified, we make estate planning approachable for Centennial families. Whether you’re starting from scratch or need to update old documents, we guide you every step of the way—with clarity, compassion, and care.
Let’s make sure your loved ones are protected and your wishes honored. Reach out today for a free consultation and take the first step toward peace of mind.
