An Estate Planning Attorney Denver can help you with your unique situation. You may think that an estate planning attorney is only for the rich, but that couldn’t be further from the truth. Almost every person has an estate – everything they own, including a car, checking account, and furniture. The average person in Denver owns two cars. A Denver estate planning attorney can help you transfer your assets properly, ensuring that your family’s future is taken care of.
An estate plan is a collection of documents that provide direction for your finances and assets upon your death. It can also address your medical needs in the event of incapacity or illness. Without a will, Colorado statute dictates what happens to your assets. An estate plan can also provide directions for who should care for your loved ones should you become incapacitated. It can also be used to name guardians for minor children. The Estate Planning Attorney Denver can guide you through the process of creating an estate plan that suits your needs.
There are several types of estate plans that can be used for different types of assets. A revocable living trust, for example, is a great option for ensuring that your minor children are taken care of when you die. A Colorado estate planning attorney can discuss your goals for your minor children and your overall needs. A revocable living trust is another estate planning document. A Colorado estate planning attorney can help you create the best plan for your needs.
An estate planning attorney Denver can help you plan ahead for your future by creating a living will. A power of attorney will give another person authority to make decisions in your absence. Living wills and advance healthcare directives are two documents that Denver estate planning attorneys often create for their clients. These documents are vital and can guide the medical care given to you in case you become incapacitated. Many people choose to include these directives in their estate plans, so that medical teams know that they do not need to perform extraordinary measures to keep you alive.
Hiring an estate planning attorney Denver can give your family peace of mind during the difficult time after your death. By preparing an estate plan before you pass away, you can prevent unnecessary expenses and confusion for your family. You can also leave a power of attorney form, which gives someone else authority to make important decisions on your behalf. This document will protect your assets against creditors. An estate planning attorney can help you make these decisions so that your loved ones won’t have to deal with the complex paperwork.