Estate Planning Fundamentals in Colorado
Serving Clients & Their Families in Greenwood Village, CO and the Surrounding Areas
The term “estate planning” is really a misnomer. To many people, it conjures up thoughts of one's demise. In the proper context, “estate planning” is really a term of art which encompasses much more than just a Will which is designed to distribute assets owned by someone at the time of his or her death.
Many believe that estate planning is only for people who are extremely wealthy, have elaborate schemes in mind for passing their money on to their heirs, or for people who are acutely ill and contemplating their death.
Nothing could farther from the truth!
Estate planning is essential for every husband, wife, mother, father, grandparent, business owner, professional or anyone else who is concerned about providing responsibly for their own well being during their lifetime and for the well being of those whom they love. Estate planning is not “death planning”; rather, it is “life planning,” and an essential and rewarding process for individuals and families who engage in it on a serious level.
When done properly, estate planning requires that a highly skilled and knowledgeable legal professional lead you through a targeted process to bring fully to light your hopes and outcome expectations for yourself and for those who are most important to you. This process almost always requires the preparation of a number of coordinated legal documents, but those documents in and of themselves are not“ estate planning. ”Estate planning is a process resulting in an integrated plan which must be designed and implemented by a professional who has taken the time to get to know you, your estate goals and objectives.
The estate planning services which we provide to our clients can be trust-based or will-based, depending on the needs of the client. Good estate planning should also incorporate the implementation of solid advance directives (powers of attorney) designed to deal with financial and health care challenges as they arise.
In all of our legal work, we emphasize client protection, satisfaction and promotion of peace of mind. Please contact us with any questions and to schedule an appointment!