Our Estate Planning Legal Services Helps You Prepare for the Future

Trusted firm advises clients in the metro-Denver area on wills, trusts and other estate plan arrangements

No one knows what tomorrow may bring, but there are some inevitabilities for which you can prepare. You’ve worked too hard to risk your personal security or the legacy you leave, so it is essential to establish an estate plan you can count on no matter what comes your way. At Huzjak Law, we help clients to guard against the unpredictable and leave instructions they feel confident about. Whether your estate is substantial or modest, we will work with you to design an estate plan that fits your unique circumstances and addresses your concerns.

Our law firm provides EXPERT counsel for thorough estate plans

Establishing a well-thought-out estate plan allows you to provide protection for your property, finances and medical care. Your answers to these and other questions will guide us towards this goal: Do you want to maximize giving to your heirs or other loved ones? Preserve a vacation home? Have there been major life changes within your family since your last will was made? Provide for a child with special needs? Provide for you grandchildren’s support and education? Appoint a decision-maker in case you become incapacitated? To address these concerns and others, you can rely on us to help you set up a comprehensive estate plan. We provide legal assistance with the following:

  • Will drafting, execution and review
  • Codicils (changes) to existing wills
  • Living revocable trusts
  • Trust amendments
  • Life insurance trusts
  • Charitable giving arrangements
  • Advance healthcare directives (living wills)
  • Powers of attorney
  • Estate and gift tax issues
  • Pet trusts

Each person has different concerns and goals for the future. We work closely with you to determine your priorities and create precise instruments designed to carry out your intentions.

Comprehensive estate planning advice and counsel

Estate plans can include instructions not only for distributing your property after you’ve passed but also for handling decisions in the event you can no longer make them for yourself. Though it may be difficult to think about your mortality, clear and thorough plans can remove the fear of uncertainty. We assist and guide you with:

  • Wills — Your last will and testament provides the opportunity to distribute property, establish care for children or grandchildren and otherwise express your final wishes. A will is also the primary means by which you can leave property to a person or entity other than a blood relative. Passing without a will (intestacy), may result in troubling unintended consequences. Are you worried that long lost relatives or even the State of Colorado might inherit your estate under Colorado’s intestacy laws? Your will helps prevent these situations from happening.
  • Trusts — Trusts are flexible instruments that allow you to put conditions on gifts and provide a conditional distribution arrangement for a beneficiary rather than a lump sum. When you set up a living trust, for example, you can enjoy your property during your lifetime, provide for your and your family’s care during periods of incompetency and transfer wealth seamlessly at your passing, helping your loved ones to possibly avoid probate and in some cases, heavy federal death tax bills.
  • Advance directives — Advance directives for medical/surgical treatment (“Living Will”) allow you to clearly articulate your preferences for medical treatment, lifesaving interventions and artificial life support. They can set forth instructions on various other matters, including whose decisions control; i.e. yours or your agent under your durable medical power of attorney, if sadly you are incapacitated with a terminal condition or in a persistent vegetative state. 
  • Medical Durable Power of Attorney — This document names individuals, known as “agents”, who are authorized by you to make decisions about your medical care in case you are temporarily or permanently unable to make these decisions on your own. Typically, the powers or authority you grant are “standing” and “durable” meaning they take effect at the time the document is signed and do not require a physician’s medical determination of incapacity in order to allow your agent to act. Alternatively, a medical power of attorney can be a “springing” durable power, in which the agent’s authority begins only after the occurrence of a specific triggering event. You can also authorize your agent to make decisions regarding long term care placement and specify hospice care over hospital care as end of life approaches.
  • General Durable Power of Attorney Your general durable power of attorney, or financial power of attorney, is used to authorize someone else to manage your financial life in the event you are unable to do so. These comprehensive powers ranges from granting the authority to your agent to perform simple banking and bill payment chores to maintaining or selling personal assets to running your business operation. It is important to either limit or expand the authority granted to your agent to reflect your unique circumstances. Keep in mind that your agent’s power to act on your behalf is terminated upon your death, leaving your last wishes to be fulfilled through the terms of your will or trust agreement.
  • Beneficiary Deeds – Depending upon your individual circumstances, beneficiary deeds are a convenient, flexible and cost-effective way to pass your interests in real estate to your heirs or third persons without the need to open probate. Although beneficiary deeds are filed with the county clerk and recorder and appear on your property records, these deeds, unlike joint tenancy or tenancy in common, do not affect your current ownership rights in the real estate property; rather they take effect upon your passing. Additionally they can be revoked at any time through a simple writing.

Knowing that you have planned for the long-term well-being and financial security of your loved ones can be comforting. At Huzjak Law, we thoroughly analyze your estate and strategize the best means of transferring or protecting your assets, minimizing taxes, and supporting philanthropic causes.

Contact a trusted Colorado estate planning law firm

For comprehensive estate planning services in Colorado, call Huzjak Law Office at 303-741-4647 or contact the firm online to schedule a consultation.

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