A will forms the foundation of estate planning for many people. If you do not yet have a will or estate plan, call Colorado Estate Matters, Ltd. at (303) 713-9147. An experienced Denver will attorney at our firm can draft a basic will and accompanying documents at a reasonable price.
A Last Will and Testament is often known as a will. It is a legally binding document that dictates your desires regarding your property and family after your death. It may refer to other documents and processes required to bring those desires into effect. Your will describes the distribution of your assets among your heirs. If you have minor children, you can name their guardians in the event of your death in your will.
A will and a revocable living trust will serve some similar purposes. They both allow you to name beneficiaries for your property and assets, which can be revised in the long run. Additionally, there are important differences between the two types of estate planning documents, including the following:
If your attorney determines that a will should be used for your estate planning, you will also need the following:
A will’s main purpose is to legally state what you’d like to leave behind to beneficiaries. There are things you should not leave in a will, such as:
There are things not legally enforceable in a will, such as:
We take a comprehensive, knowledgeable approach to estate planning at Colorado Estate Matters, Ltd. Contact our Denver will attorney today at (303) 713-9147 to speak with a Denver will attorney who will provide legal guidance in creating a will and estate plan to best suit your needs.
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, Lakewood, Greenwood Village, Englewood, Centennial, Wheat Ridge, Golden and Arvada.