Frequently Asked Questions About Estate Planning
At the estate planning law firm of Kaeble Law LLC, we frequently meet with clients who are just starting to think about the future. They want to take the time to get their affairs in order, but really have some uncertainties about what they need to do to accomplish these objectives. We wanted to answer some of the common questions we hear at our firm, so you have some of the information you need as you begin planning your estate.
What Do I Need For My Estate Plan?
There are several documents common to estate plans, and these include a will, trusts, powers of attorney, as well as a living will. You may not need all of these documents, or you may have a complex estate that requires us to take advantage of many different avenues to protect your assets. We will meet with you to determine the best options for distributing your property to beneficiaries, dealing with long-term care costs and specifying the medical care you should receive in the event you become incapacitated.
What Happens If I Die Without A Will?
Basically, if you die without an estate plan in place, you lose all control you have over what ends up happening to your assets. Colorado law carefully states who will receive your property in the event you die without a will. This means that these individuals will get your property, regardless of whether or not you would have otherwise selected them to receive such items.
Why Should I Work With An Attorney?
You might have looked into sample wills online, but you have to understand these documents do not necessarily reflect what is best for you. They do not take into account the assets you have, the individuals you wish to receive those assets, as well as the way to pass along these assets in the most efficient manner possible.
By working together with us on your estate plan, we will be able to help you create a custom plan that is designed to carry out your final wishes exactly according to your specific goals. We can provide you with the certainty that comes with knowing you have detailed and clear guidance available to your family should anything happen to you.
What Can We Do To Help?
If you would like to be able to ask us more detailed questions about your specific situation, please contact our office to schedule a consultation with an experienced estate planning lawyer. We assist clients in Lakewood, Golden and throughout the west Denver metro area with estate planning needs.
