Estate planning can feel like an overwhelming process. No one is thrilled about approaching this subject, making it a very easy thing to avoid. We understand this and are impressed with every person that comes to us looking for information. At Brestel Bucar, Ltd. we strive to streamline every step of building an estate plan for our clients that ensures they and their loved ones are set up for success regardless of the circumstances they face.
The first step in this process is to meet and evaluate your assets, circumstances, and goals for you and your loved ones. There is often a lot to consider, and making these decisions is not always easy. With years of expertise we will arm you with the knowledge you need to make the best decisions possible regarding the transfer of your assets.
The first step in this process is to meet and evaluate your assets, circumstances, and goals for you and your loved ones. There is often a lot to consider, and making these decisions is not always easy. With years of expertise we will arm you with the knowledge you need to make the best decisions possible regarding the transfer of your assets.
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Plan your estate or the state will plan for you. Working with our professionals gives you the opportunity to not only indicate how you would like your estate to pass when you are no longer here, but also who you trust to make decisions on your behalf when and if you are no longer able. Preparing a comprehensive estate plan is perhaps the single most effective way to ensure your wishes are carried out in the manner in which you intend.
In the event a loved one did not execute advance directives or powers of attorney documents, there are still ways to ensure they are protected in the event of an incapacitating illness, or catastrophic accident. Sometimes, even with a designated agent, additional protections for a loved one are necessary due to complicating factors, including abuse or neglect.
When a loved one passes away, their assets and property typically are not transferred to anyone without some sort of prior designation. This can be done via a valid will, trust, or other beneficiary designation. Regardless of whether a will, trust, or other arrangement exists, the process of appropriately handling a loved one's estate can be complex.
Sometimes, despite everyone's best efforts, situations involving a loved one's care, assets, or estate may become contested. It is commonplace for each family member to believe a situation should be handled in a different manner, and that their way is the best (or only!) way. Many attorneys shy away from these situations, as probate litigation can be as emotionally and financially taxing as a divorce or other civil litigation.
Prenuptial Agreements, known in Colorado as Premarital Agreements, and Marital Agreements can be very useful tools to ensure that married couples retain property and other rights as desired. It is important to understand Colorado law as it applies to both divorce and death of a spouse, as well as options to modify those rights as appropriate for one's situation.
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