Estate Planning Attorney in Denver CO
While most people think about Estate Planning in terms of specific documents often generated during the process (Wills, Trusts, Power of Attorney, etc.) Estate Planning is more than the process of signing the right forms. Every Estate Plan should be different – finely tailored to suit only you. A well-drafted Estate Plan is the end result of a careful analysis of your specific circumstances and goals, an application of the latest techniques and strategies drawn from numerous areas of law such as tax, wills and trusts, probate, real estate, debtor/creditor, etc., and thoughtful planning for possible changes in the future.
Put more simply, Estate Planning is the process which provides answers to two important questions:
- Disposition of Assets: Who gets what
- Planning for Incapacity: Who makes decisions for me when I’m not able to do so?
Why is Estate Planning Important?
There are plenty of people who are more than happy to answer these questions for you if you don’t do it yourself. Generally, the government will wind up making many of the decisions, in many cases after a long and expensive fight among your loved ones.
Aside from helping to avoid the family squabbling, stress, and confusion that can occur when you haven’t made your wishes clear and legally enforceable, a well drafted Estate Plan provides numerous benefits including:
- Increasing the benefit to your loved ones by helping to avoid or minimize taxes
- Allowing you to continue to exercise some control over how and when your wealth is used and distributed (for example, earmarking funds for college)
- Providing guidance to doctors and health care workers regarding the type of care you receive
- Protecting and preserving wealth from creditors, increasingly complex scams, catastrophic illness and accidents, etc.
- Providing for the continuity of a family business.
- Increasing the likelihood of Medicaid and Veteran’s Benefits eligibility
How Do I Get Started?
Simply call us at 303-900-8598, or email us using the form in the right column, to schedule a meeting. We’ll discuss your circumstances and work together to come up with a plan that best helps you accomplish your goals.