Have you thought about creating a will or a trust for a long time? If you already have an estate plan, have there been changes in your life that affect your plan? Did you recently move to Colorado and want to make sure your will or power of attorney is valid here? If you answered yes to any of these questions, we can help.
An estate plan is a collection of documents that direct how you want your care and finances managed if you become mentally disabled or upon your death. Our attorneys work closely with you to develop an estate plan that is tailored to your specific needs and goals. Some estate planning tools we utilize include:
- Will: a will is a document that is effective upon your death and provides your survivors and the court with instructions on who should be in charge of administering your estate, who should be the guardian for your minor or disabled children, to whom your property should be given, and under what conditions your beneficiaries are to receive their inheritance
- Trust: a trust is a written agreement between a Trustmaker and a Trustee where the Trustee agrees to manage property in a certain way. A commonly used estate planning tool, a trust may be irrevocable or revocable
- Financial Power of Attorney: a financial power of attorney is a document in which you name an individual (an “Agent”) to act on your behalf if you are unable to manage your financial affairs
- Medical or Health Care Power of Attorney: a medical or health care power of attorney is a document in which you name an individual (an “Agent”) to act on your behalf if you are unable to make informed medical decisions for yourself
- HIPAA Authorization: under the Health Insurance Portability and Accessibility Act, you must expressly authorize medical providers to release your medical information. While many medical providers and hospitals have their own form, it is important to authorize release of your records to individuals such as your Agent under your medical or financial power of attorney while you are able to do so
- Advance Medical Directives: an advance medical directive is a written statement regarding your beliefs, decisions, and wishes regarding medical issues that is to be followed when you are unable to express your wishes. Advance medical directives may take many forms, including a living will, medical power of attorney, or a declaration regarding the disposition of your remains
In order to create an effective estate plan for you, the attorneys at Glatstein & O’Brien LLP will take the time to get to know you and to understand your circumstances and goals. We work with a variety of individuals, and have experience working with traditional and non-traditional families.
One of the best things you can do for yourself and your loved ones is to create a comprehensive estate plan. For more information about your estate planning options, contact us to schedule an appointment with one of our attorneys. We offer evening and weekend appointments and, if your mobility is limited, our attorneys are happy to meet at a mutually convenient location. We work with clients in the Denver metro area and from across the front range, including Centennial, Littleton, Castle Rock, Parker, Lakewood, Golden, Aurora, Boulder, Lafayette, Broomfield, Commerce City, and Brighton.