Estate Planning Law Attorney In Colorado & Arizona

Estate plans can cover assets ranging from houses and cars to jewelry and family heirlooms. For families with minor children, an estate plan can assign guardianship should both parents pass away or become incapacitated. In general, a strong plan will name an executor to oversee the terms of the estate, set up power of attorney, make funeral arrangements, name beneficiaries, and limit the amount of taxes those beneficiaries will have to pay upon receipt of their inheritance.

Through the creation of trusts and other estate planning tools, a skilled lawyer can help clients avoid the prospect of probate court for their family, which means better protection of assets and fewer estate taxes. Trusts can protect real estate, investment accounts, bank accounts, and other valuable assets by keeping them on behalf of named beneficiaries and providing a smooth transfer of those assets after death. By bypassing probate court, families and trustees can save time, money, and stress.

No one wants to leave a headache for their families, so the process of settling the estate should be as smooth as possible. People who have lost a family member are already going through a lot. If you have the foresight to get everything done before they experience that loss, it can help them out tremendously and ensure that their interests are protected, all while best honoring your legacy.