Trust Planning and Administration

QUICK SUMMARY

The Germany Law Firm assists clients in creating and administering trusts to manage wealth and facilitate the seamless transfer of assets. We advise trustees on their legal duties to ensure that trust assets are handled in accordance with the grantor’s specific intent.

Trusted estate planning attorneys serving all of the Denver metro area and Erie.

Whether you’re planning the parameters of your future medical care or establishing support for loved ones upon your death, The Germany Law Firm, P.C. can help with all aspects of your estate plan, including:

  • Advance directives (living wills)
  • Estate tax issues
  • Choosing the appropriate executor
  • Guardianships and conservatorships
  • Living trusts
  • Wills drafting

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Estate planning documents are extremely flexible and can be designed to fit your unique needs. The Germany Law Firm, P.C. works closely with you to determine your goals and create precise instruments to carry out your intentions.

Securing Your Legacy

You’ve worked hard for your family, so knowing that you have planned for their long-term well-being and financial security can bring you great comfort. We thoroughly analyze your estate and strategize the best means of transferring your assets, minimizing taxes, establishing guardianship for your children, caring for your pets, supporting personal philanthropic causes and protecting your loved ones.

Draft Your Advance Directive and Last Will and Testament

A will is essential at every stage of your life. Your advance directive (or living will) sets the parameters for medical intervention should you become incapacitated. This assures that when you are most vulnerable, your wishes will be honored.

Your last will provides the opportunity to distribute your property, establish care for your children and otherwise express your wishes upon your death. A will is necessary if you intend to leave property to a person or entity other than a blood relative, such as a domestic partner, a friend or a charity. If you die without a will, the court determines how your property is distributed, who cares for your children and even what happens to your pet – making decisions that might not reflect your desires.

We can draft valid wills that ensure your intentions are honored.

Changing Your Will

As your life changes, so might your estate plan. You should update your will periodically throughout your life. Our attorneys draft valid codicils that address changes in your financial situation, marital status, number of children, philanthropic interests and general lifestyle decisions.

Appointment of Guardians

If you have minor children, your will allows you to make decisions about their future care. Naming a guardian is especially important if you are a single parent, but even married couples must consider the remote possibility of perishing in a common incident. If you do not name a guardian, the court will appoint one whose decisions may be in conflict with your parenting goals. You can also make arrangements for your pets’ care in your will, even naming a guardian to assume ownership.

Contact An Estate Planning Law Firm You Can Trust

For comprehensive estate planning services in Denver and throughout Colorado, call The Germany Law Firm, P.C. at 303-454-3711 or contact us online to schedule a consultation.

Frequently Asked Questions About Trusting Planning and Administration

What is the role of a trustee?

A trustee is responsible for managing trust assets, making distributions to beneficiaries, and following the specific instructions in the trust document.

Can a trust be contested or changed after the creator passes away?

While more difficult than contesting a will, trusts can be challenged in court if there are concerns about undue influence or lack of mental capacity.

Why is “funding” a trust so important?

A trust only controls assets that have been legally transferred into its name; “unfunded” assets may still have to go through probate.

Is trust administration private?

Yes; unlike probate, trust administration is a private process that does not become a matter of public record.

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Address

The Germany Law Firm, P.C.
77 Erie Village Square #100
Erie, CO 80516