At Denver Estate Tax Planning, we understand there are many things you consider when thinking about your estate plan in Denver. Perhaps you have a will that was made many years ago and realize it is time to freshen it up. Perhaps you recently moved to Colorado need know you need to update your documents to make them Colorado-centric. Perhaps your asset portfolio has changed recently. Perhaps you have nothing in place and need to know more about the various documents before you can act. Whatever your situation, you still face the task of taking stock of your assets and your place in life.
If you have been putting off talking to a lawyer about estate planning in Denver, you are not alone. Many people put off planning their estate and feel overwhelmed by their choices. Many people simply do not want to consider their own demise. Many people simply do not properly understand the information they read online. The reality is that having a plan makes life easy for your loved ones.
Leaving your loved ones to sort out your finances without a proper plan in place can be a burden for them. A poor plan, an out-of-date plan, or having no plan will add stress on top of losing you. It is important that you make a plan well in advance of your death so that your loved ones, friends, and business partners know what to do for you and your wishes. Everyone will appreciate your estate planning in Denver foresight.
At Denver Estate Tax Planning, we serve clients with estates of all sizes all over Colorado. Call us to get advice on how best to plan your estate so that your money and other assets go where you want. Our promise to you is to work with you so that you are in charge of your plan and clearly understand what will happen next.
Colorado Trusts and Estate Planning
Let Denver Estate Tax Planning assist you in preparing the necessary documents to direct how your estate is distributed and how critical health care decisions are made through the use of a comprehensive trusts and estate planning strategy. When it comes to end of life decisions, this saves the family a lot of heartache and guessing. If you make preparations ahead of time it will take the pressure off of them. This is understandably a difficult topic to deal with. Advance planning puts your mind at ease knowing that your wishes will be followed. This is typically done through a will, power of attorney or what is commonly referred to as a living will.
Wills and Trusts and Estate Planning in Colorado
Having children is the event which leads many people to begin putting their will together. Once you are responsible for a child, it is vital that you make your wishes known in a will so that if anything happens to you, your child will be taken care of. As a parent of a dependent child, your will should state who you want to be the caregiver of your child in the event of your death.
You should also list what funds will be available to help care for the child, and if you have a set amount you wish the child to receive when they reach a certain age. Your will can also include more specific guidelines of how you want your child to be raised, to cover issues such as religion and other choices. For more guidance on putting together as Trusts and Estate Planning in Colorado, Denver Estate Tax Planning can help.