Many families talk about the future to make their wishes known and develop plans of action. But without a well-crafted estate plan in place, your wishes may not be upheld. Estate planning protects you when you cannot communicate your wishes and prevents the government from making decisions for you. Anzen Legal Group is proud to offer estate planning services to families in Colorado.
What is Estate Planning?
Estate planning is when you prepare plans in advance of your incapacitation or death through legal documents, such as a Power of Attorney. Estate planning also consists of the creation of wills, trusts, and advanced medical directives, such as a DNR (do not resuscitate) order.
Everyone has an estate and protecting it is important, no matter its size. Your estate encompasses everything you own. This includes your home, car, other real estate, financial accounts, retirement accounts and investments, life insurance policies, furniture, collectibles, and other personal possessions.
Estate planning helps you determine how your assets will be preserved, managed, and who your assets should be distributed to at your death. It allows you to settle estate taxes ahead of time. Estate planning also gives you assistance for overseeing your estate and your obligations in the event of your incapacitation.
Our Family Estate Planning Services
We understand that your family’s assets need protecting, no matter your age or financial status. Our family estate planning packages offer you a full range of legal documents to cover all your needs.
Wills are the foundation of your estate plan you need to protect your assets. Our attorneys draft wills that provide instructions on how to handle your property after your death. If you have minor children, we can also create plans for their guardianship or custody in case of your death or incapacitation.
Our attorneys can help you or your family set up a trust to protect your assets. Trusts transfer assets from the grantor to the beneficiaries of the trust and can list instructions as to how trust assets are to be managed. We assess your family’s situation and advise you on what type of trust best fits your needs and assets.
At Anzen Legal Group, we understand the importance of making arrangements to protect your estate and ensure your beneficiaries receive their assets. Schedule a consultation to start your estate planning process today.