Colorado Estate Planning Attorney
Is estate planning right for me?
Whether you realize it or not, everyone has an estate. Many people assume
that estate planning is for the wealthy and elderly. In reality, estate
planning is for everyone. You might think to yourself, "but I don't
have an estate!" If you have a house, bank account, personal belongings,
possessions or any assets, you have an estate.
Planning an anticipatory step designed to give you and your loved ones
peace of mind about the future. It is not a matter of if you pass away;
it is a matter of when. Who do you want to receive you belongings and
financial assets when you die? Yes, your state has inheritance laws governing
how your assets will be disbursed, but they may exclude the people closest to you.
Estate planning is a multi-faceted process that allows you to include instructions
for your care if you become seriously ill or disabled before you pass
away. How you want to be taken care of may reflect your personal and religious
beliefs – your values. By providing instructions for your care,
you can be sure that your wishes are respected.
If you have disabled or handicapped family members, you can plan your estate
so that they receive the special care and attention they will need when
you die or are unable to continue caring for them. Planning your estate
may also help the legal process of settling your estate after you die
run smoothly. Your family and loved ones will appreciate the fact that
you want to make the legal process following your death as easy as possible.
Many people assume that estate planning is only for people with large estates
and significant financial assets. In reality, even people with small estates
should be mindful of the future because their families may have the least
to lose in the event of a loved one's passing. If you have questions
about estate planning and the future of your assets, talk to an attorney
from Feldmann, Nagel & Associates today.
We Serve Clients Statewide with Offices in Denver, Steamboat Springs, Vail/Edwards,
Estate planning often involves establishing who has power of attorney for
the parties involved, as well as setting up provisions for any property,
assets, and more. Often times a living will can be created, which has
more information about what an individual would like to have happen with
their estate should they become permanently disabled. Estate planning
is often a difficult thing to talk about, when creating wills and provisions
for after an individual passes away. But with an experienced attorney
helping you, this process can be smoothly helped along and handled efficiently
At the firm, we understand the importance of making arrangements for the
future now. Our experienced family law and estate planning attorneys can
help you set up a will or living will that will make sure your family
is provided for, even in the case of divorce or remarriage. We understand
that your first priority is taking care of your family, and we can help
you through this confusing process so that you feel comfortable knowing
that your estate is taken care of, in the event of a tragedy.