It’s never too early to start planning your estate. Many people think that this task isn’t important until they’re older or they’ve amassed wealth. Life, however, can throw an expected curveball, and it’s necessary to have a plan in place for what happens both during your life and after your death.
In Denver, CO, you can choose to draft a will or trust. The choice depends on several factors, including your circumstances, amassed wealth, and whether you have children. In some instances, you might want to have both.
A well-constructed estate plan will provide the following benefits:
- Protect your assets from excess taxes, probate fees, and expenses.
- Designate someone you trust to handle your affairs if you become incapacitated.
- Maintain your independence and have your wishes fulfilled, especially regarding medical decisions.
- Know that your assets will be given to the right people, and there will be no ambiguity about your intentions.
Enjoy the peace of mind that comes with a comprehensive estate plan. Contact the Law Offices of Brian S. Popp for a consultation.