Fort Collins Lawyer for Probates, Wills and Trusts
LAWYER FOR WILLS AND TRUSTS PROVIDING COMPREHENSIVE DENVER ESTATE PLANNING SERVICES
Planning for our future can bring a sense of relief and peace to ourselves and our loved ones. The Fort Collins lawyers for wills and trusts at Kneeland & Lazure Law help you take steps now to handle your assets and debts after death, arrange for care or limit medical treatment if you become unable to care for yourself, and make important arrangements to lighten the burden on your family when you pass away.
Kneeland & Lazure Law works with clients in the following areas of Fort Collins estate planning and probate services:
- Simple will
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- Also known as a last will and testament, this is a legal document that outlines how a person’s assets and possessions should be distributed after their death
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- Contingent trust will (for parents with children)
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- A contingent trust will is a legal document that outlines the distribution of assets and guardianship of minor children in the event of the parents’ death. It creates a trust for the benefit of the children, with specific conditions or contingencies that must be met before the assets are transferred to the beneficiaries
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- Gift designation through a revocable or irrevocable trust
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- This refers to the process of designating assets or property as gifts through a trust arrangement. A revocable trust allows the grantor to modify or revoke the trust during their lifetime, while an irrevocable trust cannot be changed once established
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- Durable power of attorney
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- A durable power of attorney is a legal document that grants someone the authority to act on your behalf in financial and legal matters, even if you become incapacitated or unable to make decisions
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- Medical power of attorney
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- This legal document grants someone the authority to make medical decisions on your behalf if you are unable to do so yourself
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- Living will
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- A living will is a written statement that outlines your preferences for medical treatment in the event you become terminally ill or permanently unconscious and are unable to communicate your wishes
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- Creation/termination of a co-tenancy
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- Co-tenancy refers to multiple individuals jointly owning a property. Creation involves adding a new co-owner, while termination involves removing a co-owner from the property
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- Beneficiary changes in life insurance policies or 401(k) plans
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- Life insurance policies and 401(k) plans allow you to designate beneficiaries who will receive the proceeds or assets upon your death. Beneficiary changes involve updating the individuals who will receive these benefits
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- New life insurance policies or transfers
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- This refers to acquiring new life insurance policies or transferring an existing policy to another person or entity
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- Changes in investments or investment ownership
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- It refers to making alterations to one’s investment portfolio or transferring ownership of investments to another party
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- Probate
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- Probate is the legal process of administering a deceased person’s estate, including validating the will, paying debts and taxes, and distributing assets to beneficiaries
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Contact us for more information about probate, wills, trusts, and more.
PROBATE
When your loved one dies or if you have been named as the personal representative/executor of someone’s estate, it can often be challenging and confusing to know which steps to take. Whether the person has a valid will or not, the attorneys at Kneeland & Lazure Law can partner with you to work through the steps of completing probate.
Frequently Asked Questions
What happens if I am named as a personal representative/executor of an estate?
That means that you will have the legal authority/responsibility to accomplish the stated desires in the deceased person’s will. We are here to assist you with all of your needs and to walk you through Colorado Probate.
How long does probate take?
It depends on the complexity of the assets of the estate. Typically most cases are completed within 6 – 18 months.