Personalized Estate Planning with You in Mind

Imagine the peace of mind you will have with a comprehensive estate plan crafted to safeguard your legacy and honor your wishes.

Estate Planning

Estate planning involves the creation of a comprehensive plan to manage and distribute your assets according to your wishes during your lifetime, in case of incapacity, and after death. An estate plan also includes a variety of other documents such as healthcare directives and legally enforceable instructions intended to be honored by family, friends, and third parties.

An effective estate plan:


Common Components of an Estate Plan

A comprehensive estate plan considers all aspects of your life and what is important to you. This often includes the documents and/or considerations listed below. The below list provides examples of these considerations and is not meant to be all inclusive. 

  • Trust
  • Will
  • Joint Ownership
  • Beneficiary Deed
  • Personal Property Memorandum (Personal Property Planning Letter)
  • Financial Power of Attorney
  • Health Care Power of Attorney
  • Advance Health Care Directive (Living Will)
  • Declaration of Disposition of Last Remains
  • Guardianship Appointment for Minor Children
  • Special Needs Planning
  • Planned Charitable Giving
  • Planning for Pets

Schedule a complimentary planning meeting today to learn how we can create a personalized estate plan for you. We offer in-person, phone, and virtual appointments as well as weekend appointments to fit your busy schedule.

The Importance of Professional Estate Planning

Did you know that if a Colorado resident dies without an estate plan, his or her assets will be distributed according to Colorado laws, which often does not align with an individual’s wishes. This is a default for everyone who dies without a plan. Probate court proceedings may also be required, causing delays and additional costs. For most people, the default plan does not work! It’s essential to feel confident and secure with your estate plan, and that’s where we can help.

We recognize that each client’s situation is unique, and we work diligently to create a personalized estate plan that reflects your specific needs and circumstances. Imagine the peace of mind you will have with a comprehensive estate plan crafted to protect your assets, protect you during serious illness or incapacity, and protect your legacy.

Are You Ready to Start Your Estate Plan?

Estate planning is not reserved for the wealthiest people. Estate planning is important for everyone. An estate plan ensures your wishes are honored, now, during incapacity, and after death. At Premier Legacy Law, we believe that everyone deserves the peace of mind that comes with a thoughtfully crafted estate plan.

There is no “ideal” time to start planning. Whenever you’re ready, we’ll be here to help you create a comprehensive estate plan tailored to your needs and wishes. Contact us today to schedule your complimentary initial planning meeting and learn how we can help develop an estate plan dedicated to you and your legacy. During the initial planning meeting, we take the time to get to know you, understand your circumstances, what is important to you, and address your planning questions, concerns, and goals. 

Contact us today and take the first step to achieving the peace of mind that comes with having your legacy protected.

Estate Planning FAQs

What is estate planning?

Estate planning involves creating a comprehensive legal plan to manage and distribute your assets according to your wishes during your lifetime, in case of incapacity, and after death. An estate plan also includes healthcare directives and legally enforceable instructions intended to be honored by family, friends, and third parties alike. This is one of the best gifts you can leave your family.

Estate planning is important because it allows you to maintain control over your assets, minimize taxes, protect your loved ones, and ensure your healthcare preferences are followed. A good estate plan preserves your legacy, reduces the strain on your loved ones tasked with administering your estate, minimizes the time and cost associated with settling an estate, minimizes conflict between family members, reduces the tax burden on your estate, and creates an effective mechanism for trusted individuals to act on your behalf in case of serious illness or death.

Estate planning attorneys have the knowledge and experience to create customized plans based on your unique needs, circumstances, and wishes. They can provide guidance, ensure legal compliance, and help minimize potential pitfalls or challenges.

A comprehensive estate plan in Colorado typically includes a Will (Last Will and Testament), Trust (if applicable), General Durable Power of Attorney, Healthcare Power of Attorney, Advance Healthcare Directive (Living Will), Health Insurance Portability and Accountability Act (HIPAA) Waiver, and Declaration of Disposition of Last Remains.

Yes, everyone can benefit from good estate planning as it ensures your wishes are followed, you are protected by trusted agents during incapacity, guardianship for minor children is established, and healthcare decisions are made according to your preferences.

A Will is a legal document that specifies how, and to whom, your assets should be distributed after death. It also allows you to name guardians for minor children and a personal representative to manage the estate. A carefully planned Will memorializes your wishes, making them legally enforceable in court, helps minimize court battles, and avoids the pitfalls of the default and rigid rules provided by the government to those who pass away without leaving a valid Will.

Yes, through your estate plan, you can designate a guardian for your minor children in case of incapacity or death. This ensures their care and well-being according to your preferences.

Yes, an individual can change or revoke her or his estate plan at any time as long as she or he is mentally competent. Please consult with an attorney to ensure the changes are legally valid and avoid marking on your original estate planning documents.

If a Colorado resident dies without an estate plan, her or his assets will be distributed according to the default Colorado laws, which may not align with an individual’s wishes. This is a default for everyone who dies without a plan and it designates nearest family members to be in charge and inherit assets without considering your preferences. Probate court proceedings may also be required, causing delays and additional costs.

Estate planning strategies, such as establishing trusts and lifetime gifting strategies, can help minimize estate taxes. Proper planning allows you to maximize the amount of wealth passed on to your beneficiaries.

The cost of estate planning varies depending on factors such as the complexity of your estate and the types of documents in your plan. Because everyone’s individual circumstances differ, fees are discussed during the complimentary initial planning meeting.

Blended families may have unique estate planning considerations, such as remarriage protection after the death of a spouse, providing for both biological and stepchildren, and ensuring fair distribution of assets. Estate planning can help navigate these complexities.

A revocable living trust is a legal entity that holds assets for the benefit of beneficiaries without limiting the control that the owner(s) have over these assets during their lifetime(s). Trusts are useful for various purposes, such as avoiding probate, keeping your plans private, protecting beneficiaries, and managing distributions over time.

A power of attorney is a legal document that designates someone to act on your behalf. Usually, this document is used if you become incapacitated and cannot manage finances or make healthcare decisions. Typically, there is one power of attorney for assets/finances and a separate one for healthcare decision-making.

An advance healthcare directive (living will) outlines your healthcare preferences and wishes during end-of-life situations. It ensures your wishes regarding ongoing medical treatment and end-of-life care are respected.

A revocable trust can be modified, amended, or revoked during the owner’s lifetime, providing ultimate flexibility and control to the owner to make any necessary changes in response to life’s evolving circumstances. An irrevocable trust cannot be changed or revoked after it is created. When used correctly, an irrevocable trust offers benefits such as asset protection and should only be used in specific circumstances. Always seek legal advice before establishing any trust.

It is generally recommended to review your estate plan every few years or after major life events, such as marriage, divorce, birth of children, loss of a loved one, or significant changes in financial circumstances. Updating your plan ensures it remains current and aligned with your wishes.

Yes, it’s important to address digital assets in your estate plan. This may include digital files, online accounts, social media profiles, cryptocurrency, and intellectual property. Clearly state your wishes regarding access, management, and distribution of digital assets.

Absolutely. Estate planning allows you to include charitable giving as part of your legacy. It can involve charitable trusts, donor-advised funds, or specific bequests to charitable organizations.

Experience You Can Trust

At Premier Legacy Law, our estate planning attorney has years of experience serving clients throughout Denver, CO. We understand the unique needs and concerns of Colorado residents when it comes to estate planning, and we are committed to providing personalized solutions tailored to your specific circumstances.

Understanding the Estate Planning Process

Navigating the estate planning process can be overwhelming, but with the guidance of a knowledgeable estate planning attorney, it doesn’t have to be. Our team will walk you through each step of the process, from the complimentary initial planning meeting to drafting your initial estate plan and ensuring that it is properly executed and legally binding. Whether you need assistance with wills, trusts, or other estate planning documents, we have the knowledge and expertise to help you achieve your legacy planning goals.

Estate Planning Services with You in Mind

As a leading Denver estate planning law firm, we offer a range of services to meet all of your estate planning needs. From wills to complex trusts and asset protection strategies, we can help create a customized estate plan that meets your unique objectives.

Maximizing Benefits Through Estate Tax Planning

In addition to estate planning, our team can also help you with estate tax planning strategies designed to minimize your estate tax liability and maximize your legacy. By incorporating estate tax planning into your estate plan, you can save money for your family members while ensuring that your assets are passed onto future generations.

Trusted Advisors for Your Family

As your trusted Colorado estate planning attorney serving the Denver Metro area, we are well-versed in the intricacies of state laws. Whether you’re a resident of Denver or the surrounding metro area, you can rely on Premier Legacy Law to provide estate planning services tailored to your needs and goals. Contact us today to begin securing your legacy with confidence and peace of mind.

At Premier Legacy Law, we understand that estate planning is about more than just distributing assets—it’s about protecting your loved ones and securing your legacy. If you need assistance with estate planning for you and your family, our team is here to provide the guidance and support you need to make informed decisions.