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Protect Your Family’s Future
Creating an estate plan is an unexpected gift you can give to your loved ones. By preparing in advance, you can ensure that your wishes are carried out exactly how you want them to be and that your loved ones will be taken care of after you have passed. Here are some tips to get you started.
Gather Documents in Advance
One of the first things you can do is gather your documents together in advance. This includes your birth certificate, social security card, marriage license, and any other documents that are important to you. You should also make a list of your assets and liabilities and contact information for your loved ones.
It's critical to be as thorough as possible during this step. You don't want to leave anything out and leave your loved ones in the dark.
Consider Your Wishes
Before you meet with an attorney, you should take some time to think about how you want your estate to be handled. Who do you want to inherit your assets? Do you have specific wishes for how these assets should be handled?
You should ensure that you have considered all of the possibilities. You should also ensure that your wishes are expressed clearly and in writing.
Meet With an Attorney
Once you have gathered all this information, it's time to schedule a meeting with an estate planning attorney. They will help you create a plan that meets your specific needs. Be sure to ask them any questions you have about the process.
Sign Up for Beneficiary Designations
Sign up for beneficiary designations if you have any assets that aren't included in your will, such as a life insurance policy or retirement account. This will ensure that your assets go to the right people when you die.
Work With Colorado Estate Planning Attorneys
By following these tips, you can create a comprehensive estate plan to ensure your loved ones are protected after you're gone. When you're ready to make an estate plan, contact the team at Drexler Law. Our team can help ensure that your estate plan meets Colorado law, your wishes, and the needs of your loved ones.
Learn more about how we can help with estate planning or schedule a consultation by calling (719) 259-0050 or visiting us online.
