Boulder, CO – Most times, people plan for their careers, activities to do with friends/family, or day-to-day finances. However, planning for what happens after they pass away is something that falls by the wayside. In America, more than 50% of people lack formal wills, trusts, or other estate planning documents, and Rocky Mountain Wills and Trusts are on the mission of helping individuals plan for their estates to prevent their assets, property, or money from going to the courts.
As an estate planning and asset protection law firm, the attorneys are committed to working with individuals, families, and business owners to help them plan for their futures, protect their assets, or take care of their families. They review a client’s personal/financial situation, hopes, concerns, goals, and needs and explain the options available to them based on their unique cases. They then recommend wills, powers of attorney, living trusts, asset protection, advance medical directives, or other personalized strategies/documents. Once these documents are in place, the client enjoys peace of mind knowing they’ve provided for themselves/loved ones if an unexpected crisis occurs.
According to Rocky Mountain Wills and Trusts, two of the most important estate planning documents that affect a person are a living will and a medical durable power of attorney. When a client creates a living will, their families don’t have to guess their medical wishes once they become incapable. For this reason, the estate planning attorney Boulder helps clients choose a durable power of attorney based on their proximity, trustworthiness, assertiveness, willingness to serve, and management skills. Once identified, the attorney/client makes them aware of their responsibilities to eliminate disagreements in the family while also removing the burden from family members who may be unsure if they’re making the right decisions.
While it may be difficult for individuals to think about what happens to their possessions/assets when they’re gone, having systems in place makes life smoother, especially after illness or disability. When a client works with Rocky Mountain Wills and Trusts, their last wishes regarding the recipients of patents, vehicles, properties, furniture, cash, or investments after they pass away are honored. The attorneys are trained to set up a last will, transfer assets to a trust, oversee trust administration, make plans for charitable donations, appoint guardians for minor children, and plan for unexpected situations for the beneficiaries. The attorneys also focus on revocable living trusts, family business succession planning, irrevocable trusts, HIPPA authorizations, and declarations of disposition of last remains.
Whether an individual is putting estate planning off or thinking they don’t have assets worth protecting, they can call (720) 420-1039 to seek guidance or visit the law firm’s website. Rocky Mountain Wills and Trusts is located at 1942 Broadway, Boulder, CO, 80302, US.
Rocky Mountain Wills and Trusts
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Entrepreneur Yak journalist was involved in the writing and production of this article.