Posts Tagged ‘Colorado Medical Power of Attorney’

5 Reasons for Colorado Estate Planning

Tuesday, February 9th, 2010

Without a comprehensive Colorado estate plan, the state of Colorado will control the following –

  1. Without a Colorado Living Trust or Colorado Will, Colorado law controls who receives your assets and when;
  2. Without a Living Trust or Financial Power of Attorney (General Power of Attorney), Colorado law will determine who handles your financial affairs when you are unable to do so;
  3. Without a Medical Power of Attorney or Living Will, a court may have to appoint a Guardian to make your medical or end of life decisions for you;
  4. Without a Will, Colorado law will determine who takes care of your minor or dependent children;
  5. Without trust provisions as part of your estate plan, your assets will be included in your heirs estates and potentially subject to an estate tax;

One bonus…without a properly drafted Colorado Trust as part of your estate plan, the assets your heirs receive will likely be subject to their creditor claims. 

Welcome to Coloradoetrust

Monday, February 8th, 2010

Welcome to our website which is all about Colorado Estate Planning.  We seek to provide information about the different estate planning documents like a Colorado Living Trust, Colorado Will, Colorado General Power of Attorney, Colorado Medical Power of Attorney and a Colorado Living Will.  We believe everybody should have an estate plan.  Further, we believe everybody could benefit from having one of our Colorado estate planning packages.  Please do not hesitate contacting us should you have a question about how we can help you achieve your estate planning goals.