Three Key Considerations As You Plan For Your Future

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Stone Law, LLC

For more information about the author, click to view their website: Stone Law, LLC

Posted on

Jun 28, 2022

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Colorado - Denver Metro

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What happens when I can no longer make medical and financial decisions.

If the power to make decisions is ever not your own, ensure you have nominated the right people through Powers of Attorney, making them legally responsible for acting on your behalf. Otherwise, court proceedings determine who makes decisions for you. Understanding how the process works and your rights and responsibilities is critical.

 

Do I need an estate plan? Everyone needs proper documentation in place sharing your wishes. How do you want assets distributed? Are there special considerations, disabilities, or beneficiaries needing more support? With the right planning many of these can be addressed.

 

Is probate avoidable? Probate is the court procedure by which assets are transferred after death to those named in a Will, or to people listed in Colorado’s inheritance statutes. The proceedings are public and can take 8 to 12 months or more, even in the simplest of cases.  Trust planning can help avoid probate,

simplifying the process for your loved ones.

 

Editor’s Note: This article was submitted by Andrew P. Stone, Esq. Andrew is the principal attorney with Stone Law, LLC and may be reached at 877-897-6591 or by email at andrew@stonelawllc.com

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Local Services By This Author

Stone Law

Trust Management 225 Union Boulevard, Lakewood, Colorado, 80228

At Stone Law, LLC we support you and your family with any aging and disability concerns. We can help make sure you have a solid plan for these and other 'what ifs' to give you peace of mind. Our primary goal is to advocate for the elderly so no one can take advantage or manipulate a situation to their benefit. We aim to make sure your needs and wishes are met. We will always be sensitive to your needs and emotions. We also recognize that issues and concerns are broader than simply addressing legal needs and can facilitate partnerships with other helpful agencies. At Stone Law, we get to know you and your family so we can help you create a customized plan that helps everyone be on the same page.

Stone Law, LLC

Elder Law 225 Union Boulevard, Lakewood, Colorado, 80228

At Stone Law, LLC we support you and your family with any aging and disability concerns. We can help make sure you have a solid plan for these and other 'what ifs' to give you peace of mind. Our primary goal is to advocate for the elderly so no one can take advantage or manipulate a situation to their benefit. We aim to make sure your needs and wishes are met. We will always be sensitive to your needs and emotions. We also recognize that issues and concerns are broader than simply addressing legal needs and can facilitate partnerships with other helpful agencies. At Stone Law, we get to know you and your family so we can help you create a customized plan that helps everyone be on the same page.

Stone Law, LLC

Estate Planning 225 Union Boulevard, Lakewood, Colorado, 80228

At Stone Law, LLC we support you and your family with any aging and disability concerns. We can help make sure you have a solid plan for these and other 'what ifs' to give you peace of mind. Our primary goal is to advocate for the elderly so no one can take advantage or manipulate a situation to their benefit. We aim to make sure your needs and wishes are met. We will always be sensitive to your needs and emotions as you age. We also recognize that issues and concerns are broader than simply addressing legal needs and can facilitate partnerships with other helpful agencies. At Stone Law, we get to know you and your family so we can help you create a customized estate plan that will pass along your estate exactly the way you want it.