Writing a will in Colorado: Do I need a will?

 

Written by Jody Brammer-Hoelter, Esq., 6/11/15

 

Writing a will is an act of love for your family. When a loved one dies, the family
should not face uncertainty about their financial future. By making your wishes
clear and creating a will, you remove the uncertainty about your family’s future.

 

Not every family’s situation is the same. A will needs to take into consideration
the unique circumstances of your family to ensure not only that your family is
provided for but that potential tax consequences are minimized. People in
blended families, those with children who have special needs, or those who
wish to leave gifts to grandchildren all need to make specific provisions to
make sure their wishes are carried out.

 

In the same way, having a living will, medical power of attorney and general
power of attorney provides clear direction for your family in the event that you
are unable to speak for yourself. Along with creating these documents, it is
important for families to have conversations about their wishes concerning
ongoing medical care if you are in a terminal or persistent vegetative state.
Certainly, no one expects such a situation to arise. But if it does, you can
alleviate some of your family’s stress by making your wishes known in advance.
I highly recommend that families consult the resources at the Conversation Project ( www.theconversationprojectinboulder.org) to assist in having this discussion.

 

If you use an online form for your will, you may very well create future problems that you do not anticipate. It is always important to discuss the ramifications of the choices you make in your will with an attorney. I’d be happy to meet with you to discuss your situation and help you determine the best estate plan for you and your family.

 

Contact us to discuss preparation of your will and other estate planning documents.
Call or email us at (303) 666-6727 or info@legacylawco.com.