Elder law focuses on guiding and counseling senior citizens with the issues that arise due to aging. Our Denver elder law attorneys help aging people with long-term care, choosing an estate plan, choosing retirement plans, creating wills, and more. While elder law specifically focuses on the elderly, estate planning is applicable to everyone else. It helps people make a plan in advance to control who receives the things you own after you die.
The Denver estate planning attorneys of Colorado Estate Matters, we believe that realistic planning for elder law is always better than buying someone’s “magic beans” that may or may not work and could even be harmful. Our elder law lawyers take a conservative and prudent approach, utilizing all of the tools and techniques legally available to you, such as special needs trusts and long-term care insurance. We practice in the south Denver metro area and throughout Colorado.
Nursing home and long term care costs can easily take all of the assets you wanted your beneficiaries to have. Medicaid will cover the costs of this care, but only after you have spent down your assets to become eligible for Medicaid.
Over the years, many tools and techniques, such as asset transfers, have been tried to gain eligibility for Medicaid. Almost all have been disallowed by the government. While there are some Medicaid-planning techniques that still work (at least until their use is ruled out), you need to be careful not to be taken in by anyone promising wondrous results.
When you are over age 60, estate planning and tax planning become increasingly urgent. The Will that made sense for you at age 40 may not make sense when you are older, especially if you or your spouse are in a position where you may become incapacitated and need long-term care. We will help you prepare for questions such as:
No one plans to fail. However, many people fail to plan. At the law firm of Colorado Estate Matters, Ltd., we provide a comprehensive approach to estate planning for all stages of your life.
Call (303) 713-9147 or fill out the contact form on this website to schedule a no-cost, no-obligation consultation with a Denver elder law attorney today!
From our offices in Denver, we serve clients throughout the southwest and southeast Metro Area, including (but not limited to) people in Highlands Ranch, Littleton, Castle Rock, Parker, Aurora, Greenwood Village, Englewood, Centennial, Wheat Ridge, Golden and Arvada.
Colorado does not have a state-level estate tax, but federal estate tax may apply to larger estates. It’s important to consider federal tax implications when dealing with an estate.
Colorado does not have a state-level estate tax, but federal estate tax may apply to larger estates. It’s important to consider federal tax implications when dealing with an estate.
It’s essential to consult with an attorney or legal professional experienced in Colorado probate law to get accurate and up-to-date information and guidance on your probate matter.