Securing Your Legacy Through Estate Planning In Colorado
Estate planning is a crucial step for everyone, regardless of your age, the size of your family or the property you own. It’s about securing your legacy and ensuring that your wishes are honored. In Parker, Colorado, our dedicated estate planning attorney can help you create a tailored estate plan that reflects your unique life circumstances and goals.
At The Bruntz Law Firm, LLC, our lawyer utilizes a personal and client-centered approach to estate planning. He will take the time to listen to your goals, thoroughly answer your questions and help you understand your options and their implications. Our attorney will walk you through every step of the estate planning process, ensuring that your plan aligns perfectly with your needs and goals.
Comprehensive And Thorough Estate Planning Services
Life is unpredictable, and having a plan in place protects you and your loved ones from the uncertainties of tomorrow. Whether it involves designating guardians for your children, protecting your assets or outlining your health care wishes, estate planning offers peace of mind.
Whether you are reaching retirement age or have just graduated from college, an estate plan can help you prepare for the future. It can also address a number of important questions, such as the following:
- If you become disabled and unable to make medical decisions, who do you want to speak on your behalf?
- If you pass away, who will care for your minor children, and who will inherit your assets?
- Will your family have to wade through the costly probate process?
At The Bruntz Law Firm, LLC, our Colorado estate planning lawyer serves Parker, Broomfield and other cities throughout the area, offering comprehensive counsel and assistance.
Finding The Right Estate Planning Tools For Your Goals
Depending on your particular circumstances and needs, our lawyer can use a variety of estate planning tools to help you achieve your objectives.
These tools include:
- Last wills and testaments
- Revocable and irrevocable trusts
- Durable powers of attorney
- Advance medical directives/living wills
- Guardianships and conservatorships
- Family limited partnerships
Although you may only intend to create a simple will, our attorney will encourage you to create the other medical and financial documents necessary to delegate your authority should you become incapacitated. A complete estate planning package will offer you peace of mind, knowing that your affairs will be managed as you desire.
Have You Recently Experienced A Major Life Change?
If your financial and personal circumstances have dramatically changed, then it is likely time to update your estate plan. Your marriage, the birth of a new child, a bankruptcy filing and other major events may require you to revisit and amend your existing documents. If you get divorced, for instance, you probably don’t want to leave all your assets to your ex-spouse or have them handle your finances. Our lawyer can help you with the process of changing and updating your estate plan, including your will and any trusts and/or powers of attorney you’ve put into place.
What Is Estate Planning, And Why Is It Important?
Estate planning is a critical process that involves preparing for the management and distribution of your assets after you pass away or if you become incapacitated. Everyone’s estate plan is unique to them, and yours may include a will, trusts, guardianship appointments and powers of attorney. It is important because it ensures that your assets are distributed according to your wishes, can help reduce estate taxes and can significantly ease the burden on your family during a difficult time by providing clear instructions for managing your affairs.
What Is Probate, And How Does It Work?
After someone passes away, their estate must go through probate to properly distribute assets to heirs and designated beneficiaries as well as pay any debt owed to creditors. The process involves validating the deceased’s will, assessing the value of their assets, settling any outstanding debts and taxes and distributing the remaining estate to the rightful heirs under court supervision.
What Are The Benefits Of Setting Up A Trust?
Establishing a trust can offer numerous benefits, and at The Bruntz Law Firm, LLC, our attorney tailors trusts to meet the specific needs and goals of our clients. One of the primary benefits of a trust is that it allows for greater control over your assets both during your lifetime and after your passing. Trusts can help bypass the probate process, providing quicker access to assets for your beneficiaries without the public, sometimes lengthy, and costly probate process.
Additionally, trusts can provide tax benefits and protect your estate from creditors and legal judgments. They can also be structured to support a loved one with special needs without affecting their eligibility for government benefits.
Call Us Today To Get Started On Your Estate Plan
To schedule a free initial consultation about estate planning, call The Bruntz Law Firm, LLC, at 720-837-2960 or contact us by email. We serve the Denver and Colorado Springs metro areas from our office in Parker.
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