19 Sep 2011

Colorado Estate Planning

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Estate Planning

Estate planning in Colorado is an overall process of developing a plan to ensure that the assets you have worked so hard to accumulate during your lifetime is distributed to the right people and protected at your death.  Absent appropriate Estate Planning, the Internal Revenue Service (IRS), Colorado Department of Revenue or persons you do not wish to benefit may stand to “inherit” a large portion of the assets you have accumulated.  Having an estate plan is a good idea for everyone, regardless of his or her age or health condition.  My firm cteates Estate Planning to address your concerns about receiving proper medical treatment, reducing or minimizing estate tax, leaving money to favorite charitable organizations, and transferring ownership of a family business in an orderly fashion and, most importantly, to the persons you want.
My firm can draft documents to accomplish these ends, including:
·    Living Wills and advanced health care directives
·    Durable powers of attorney
·    Medical powers of attorney
·    Wills and testamentary trusts
·    Living Trusts and Irrevocable Trusts
·    Nevada Trusts
·    Wyoming LLCs
·    Family limited partnerships and limited liability companies
·    Insurance planning and life insurance trusts

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