Colorado Estate Planning Attorneys Can Help You Secure Your Legacy
Professional counselors advise Commerce City area residents on wills, trusts and advance directives
People who do not attend to estate planning are allowing an impersonal court procedure to determine the distribution of their assets after death. Just as shortsightedly, they leave their family in limbo regarding critical medical and financial decisions should they become incapacitated by illness or injury. At the Johnson Law Group, L.L.C., we provide comprehensive estate planning advice to clients in Commerce City and the Denver metropolitan area. We will work with you to prepare an estate plan that best suits your needs.
Experienced lawyers draft precise wills
A will is a written instrument that not only dictates the distribution of your assets but only gives effect to other final wishes, such as funeral and burial arrangements and creation of trusts for charitable and other purposes. Your will also names an executor who is responsible for marshaling your estate through the probate process and carrying out your instructions. We will work with you to prepare a will that fully expresses your desired objectives and provides you with the security of knowing your family and other beneficiaries will be taken care of.
Competent practitioners prepare several types of trusts
A trust is another legal instrument that can be used to manage and distribute your assets. Trusts are not subject to probate, which makes them easier to administer and affords greater privacy. A trustee selected by you administers the trust in accordance with your instructions. Among the various types of trusts are:
- Revocable living trusts — This type of trust is created during your lifetime. While certain assets are transferred to the trust, you can serve as trustee and thus retain control of them.
- Irrevocable living trusts —Placing assets in this type of living trust completely severs your ownership of them. This is an effective way to shield assets from creditors and tax liabilities.
- Testamentary trusts — This type of trust is created in your will and takes effect after death. It can be for any purpose, such as providing for minor children or relatives with special needs.
We will thoroughly examine your financial portfolio and particular circumstances to determine which trust instrument best meets your needs and objectives.
Skilled attorneys construct advance directives that remove uncertainty
There are several legal tools available —known as advance directives — to address the possibility that you may one day become incapacitated to the point of being unable to make decisions or give instructions about your health care or financial matters. A power of attorney permits you to appoint a person to make financial and/or medical decisions on your behalf. A living will contains healthcare directives, such as a do-not-resuscitate order that takes effect in specified situations. We will advise you on appropriate ways you can protect against unforeseen calamities.
Contact reliable Colorado estate planning attorneys
The attorneys at the Johnson Law Group, L.L.C., supply knowledgeable and reliable estate planning counsel to individuals in the Commerce City and Denver metropolitan areas. To schedule a free consultation, contact us at 720-463-4333 or contact us online .