Estate Planning In Wheat Ridge, Colorado

Find the right Estate Planning attorney in Wheat Ridge, CO

In Wheat Ridge, 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 knowledgeable 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.

For anyone who has children who are still minors, it is very crucial to make arrangements for their custody and care, just in case the unthinkable happens. You should think of a family member or very close friend who you know would be willing and able to take care of your children, and designate them as the person who would take custody. Of course, it's essential to discuss this matter with that person before you truly do it.

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

The answer to this question depends largely on your goals and priorities, as well as your age, health, and the amount of assets you have.

Unmarried young adults usually don't think much about estate planning. In most cases, this is fine. Unless you are extremely sick or have an unusually large amount of assets, estate planning is not something to really worry about at this point in your life.

If you're not married in Wheat Ridge, Colorado, but have a life partner, estate planning is imperative. If you want your partner to be treated as your spouse, your estate plan should make arrangements to give him or her power of attorney in the event that you become incapacitated. Additionally, your will should clearly name your partner as a beneficiary, if you want them to inherit any of your assets.

If you are elderly, and have a considerable amount of assets in Wheat Ridge, Colorado, estate planning may be more essential at this stage of your life than any other. While estate planning deals with some morbid and unpleasant subjects (requiring us to confront the reality of our own mortality), it is necessary if you wish to live your life secure in the knowledge that your loved ones will be provided for to the extent that your assets allow.

Do I Need a Wheat Ridge, Colorado Estate Planning Attorney?

In Wheat Ridge, Colorado, estate planning is rarely simple, even if it's not the most intricate thing in the world. Given the importance of what's at stake (the financial security of your loved ones), a good estate plan is essential, as is the help of an attorney who specializes in wills, trusts, and estates law.

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

Life in Wheat Ridge

Wheat Ridge has a population of 32,000 people and is located in Jefferson County, Colorado, just west of Denver. It is situated just 5 miles away from the Colorado state Capital.

The city of Wheat Ridge was originally founded as early as 1859, and incorporated in 1969. The settlement began as a farming village which assisted nearby mining communities. The Wheat Ridge Historical Society is dedicated to preserving the city's history, which includes several log cabins which are still standing to this day.

Currently, Wheat Ridge has a thoroughly developed Parks and Recreation Department with several branches for various activities. Examples of recreational activities for Wheat Ridge residents include programs at the Active Adult Center and the Performances in the Park concert series held from July through August. The concert series draws many local and nationwide performers, and is a great example of the city's lively atmosphere and commitment to development.

Wheat Ridge lawyers typically file their claims at the Wheat Ridge Municipal Court. Some legal claims can also be heard at the Jefferson County Court. Many lawyers in Wheat Ridge, Colorado are members of different professional organizations such as the Jefferson County Bar Association.

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