Wick & Trautwein, LLC
Call Today
Local
970-237-5694
Toll Free
866-686-1410
Broad Based Experienced Legal Help Since 1972

Creative Solutions, Exceptional Results

The law firm of Wick & Trautwein, LLC, has a long history of partnerships with the people and businesses of northern Colorado and southern Wyoming

THE IMPORTANCE OF PERSONALIZED ESTATE PLANNING

What is an estate plan? It is a series of documents in which you provide instructions and declarations regarding your care if you were ever mentally or physically incapacitated and specifies how your assets should be distributed upon your death. An estate plan is created with an attorney and may involve several meetings or discussions in which the attorney will ask questions designed to gather information about your financial, medical and family issues to prepare your planning documents. It also may entail your attorney working with your other professional advisors, such as your financial planner or CPA, in order to gather necessary information and develop a plan which best suits your needs.

Having this type of legal plan in place in the event of your death or disability is incredibly important, no matter what stage of life you are in. It provides the necessary legal authority for making your medical and financial decisions if you are not able to do so. It also provides an opportunity for you to legally ensure the care and support of your loved ones when you are gone, whether specifying guardians for minor children, protecting your spouse from potential estate taxation, and/or transferring the assets which you worked hard to earn in a manner most beneficial for your family members. Good estate planning gives you a voice to express your wishes on critical issues when you are no longer able to do so.

Why should you work with an attorney to develop the right estate plan for you?

· Every individual and family has their own unique circumstances; cookie-cutter internet forms do not fit every situation, and their misuse can have unintended consequences.

· A good attorney knows the questions to ask and will work with you to develop a plan most appropriate for your current situation. That attorney is also a valuable resource for determining when and how the plan has to be updated as those circumstances or the laws change over time.

· There are many misconceptions out there about the need for trusts and avoidance of probate; for most families with modest estates in Colorado, estate planning does not have to be a complicated or expensive process.

Wick & Trautwein has several attorneys who specialize in this legal area. They enjoy working with clients on a regular basis to design an estate plan that fits their clients' specific needs and wishes, to answer their questions and guide them through the process, and to give them the peace of mind that comes with having their affairs in order. Please give us a call if you would like to talk more about what might be involved in doing the same thing for you.

Written by Kimberly B. Schutt, Esq.

No Comments

Leave a comment
Comment Information
Watch More Videos

We Take Your
Emails Seriously

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Wick & Trautwein, LLC BBB Business Review
FindLaw Network
Firm Locations
Wick & Trautwein, LLC
323 South College Avenue #3
Fort Collins, CO 80524

Phone: 970-237-5694
Toll Free: 866-686-1410
Fax: 970-482-8929
Fort Collins Law Office Map
Wick & Trautwein, LLC
513 Big Thompson Ave
Estes Park, CO 80517

Located in Lower Stanley Village
Phone: 970-586-3505
Fax: 970-586-3269
Estes Park Law Office Map

Windsor Office
(by appointment only)
421 Main Street
Windsor, CO 80535
Toll Free: 866-686-1410
Map and Directions