Estate Planning In Denver, Colorado

Find the right Estate Planning attorney in Denver, CO

In Denver, Colorado, "estate planning" refers to the process by which a person makes arrangements related to their property after their death. It can (and should) also encompass personal issues that might come up immediately before and after a person's death.

One of the first things an estate planner will ask you about when you come to them for help is what you want to put in your will. A will is a document which says who is going to get your property after your death. Once it is proven valid, a will is binding, meaning that the beneficiaries get legal ownership of whatever is left to them. Obviously, if you have any interest in what is done with your property after you die, a will is going to be at the center of your estate plan. However, it is rarely the only part of a solid estate plan.

For example, a brilliant estate plan will include a living will, which gives your family members and healthcare professionals instructions about your medical care, to be followed in the event you become incapacitated. You should also include your funeral arrangements, and your preference with respect to organ donation.

Perhaps most vitally, your estate plan should make arrangements for the care and custody of your minor children, if you have any. Of course, you should discuss this matter with the person you intend to take custody of the children beforehand, to ensure that they are able and willing to provide proper care.

What Type of Estate Plan Do I Need in Denver, Colorado?

Obviously, the answer to this depends on many factors, as well as your goals and preferences. However, most people, when deciding what type of estate plan they need, consider their health, age, and wealth.

If you are in good health, young, and not married, planning an estate is probably not a high priority. And at this point in your life, it doesn't really have to be, with a few possible exceptions, such as individuals who work in very dangerous jobs, or who are very wealthy.

Individuals who are, for different possible reasons, unwilling or unable to get married, but are in committed, lifelong relationships, are perhaps most in need of a good Denver, Colorado estate plan. Because couples who aren't married don't automatically get any of the legal rights (such as hospital visitation, inheritance rights, and power of attorney) that come with marriage, they have to secure these rights through other means, such as wills and power of attorney agreements.

There is another massive group of people who would benefit from having a good Denver, Colorado estate plan: the elderly and those with a lot of money really need to consider making a comprehensive estate plan as soon as possible. While this necessarily contains facing some uncomfortable realities, it is crucial and unavoidable.

Do I Need a Denver, Colorado Estate Planning Attorney?

Because estate planning in Denver, Colorado can involve some confusing legal and financial issues, it is essential to undertake this task with the guidance of an experienced attorney who specializes in estate planning.

Talk to a Wills, Trusts & Estates Law Attorney now!

Life in Denver

Denver is the largest city in the State of Colorado and is known to most as the "Mile High City." Nestled in the South Platte River Valley just to the east of the Rocky Mountains, Denver offers outstanding parks like Washington, Cheesman, and City Parks as well as one of the most scenic amphitheatres, Red Rocks Amphitheatre. It's hosted bands from the Beatles, Jethro Tull, John Denver, the Grateful Dead, and was the favorite of Rock legend Jimi Hendrix. There have been a number of famous recordings done at Red Rocks Amphitheatre for various bands live albums.

Denver is a bustling center of commerce. As the largest city for hundreds of miles, Denver's central location among the Mountain States makes it an ideal location for distribution and transportation of goods going to states in the Southwest and West. Manufacturing plants and corporate headquarters including those of United Airlines, Lockheed Martin, the Coors Brewing Company all call Denver home.

In more recent times the "Mile High City" has been the center of a dot-com boom. Mapquest, DIRECTV, Starz-Encore, and Qwest Communications are just a few of the telecommunications companies who have moved into Denver for it's low cost and high quality of living. Local Denver lawyer are well acquainted with local legal problems.

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