Trust And Will Attorneys Providing A Tailored Approach
Last updated on August 1, 2024
Wills and trusts are the cornerstones of estate planning. While some people may only require a will, others might benefit from establishing both a will and one or more trusts. It’s crucial to work with a lawyer who can customize these important documents to fit your unique circumstances and accomplish your goals.
At GEM Family Law, we can guide you through all aspects of estate planning. Our team includes several award-winning lawyers who have been recognized for their skill and dedication in the legal field. We share a commitment to providing personalized and thoughtful estate planning services.
Wills: Establishing Your Wishes And Legacy
A will is a valuable tool for setting out your wishes regarding your property. It allows you to specify guardians for minor children. Unlike trusts, wills must generally go through the probate process. Colorado law requires wills to meet certain requirements to be upheld in probate court.
Our attorneys are well-versed in the nuances of Colorado wills. We can help you craft a will that reflects your wishes and provides peace of mind.
Trusts: Flexible Tools With Many Advantages
Trusts are versatile instruments that can help manage your assets during your lifetime and beyond. They offer numerous benefits, including potential tax advantages, protection from creditors and probate avoidance.
When considering trusts, here are a few types you might encounter:
- Revocable trusts
- Irrevocable trusts
- Special needs trusts
- Charitable trusts
Each type of trust serves different purposes, and deciding which is right for you depends on your financial circumstances, family situation and objectives. Our attorneys can help you make the right decision and take all the steps necessary to create a strong, effective trust.
Adapting To Life’s Changes
Life is never stagnant. Marriage, divorce, childbirth, adoption, property acquisition and retirement are just a few of the changes that can impact your estate planning needs. It’s important to regularly review and update your wills and trusts to reflect your current life circumstances. We can help you update your estate documents to bring them into alignment with your situation and vision.
Reach Out For More Guidance On Wills And Trusts
We are here to answer all of your estate planning questions and concerns. To speak with a lawyer, call 720-443-4892 or reach out online.
