Denver Wills Attorney
Trust Our Results-Oriented Lawyer with Your Case
A will is a valuable legal document that makes it easy for people to express
their wishes about what to do with their property after their death. The
will can be managed by a named person called an executor, who will handle
the estate until its final distribution. While most people think about
making a will when they’re closer to the end of their life, anyone
over the age of 18 can make a will.
Benefits of a Will
If a person dies without a will, the state is in charge of distributing
that person’s assets according to its own rules. This may mean an
object or sum of money you intended to go to a friend, instead, went to
a distant relative. Wills allow people to have a say in how their estates
are divided up to a certain extent. These assets are still reduced by
the amount of debt a person owed upon his or her death. Wills can allow
the domestic partner of a person to inherit an estate or particular assets
without the partner having been officially married to the deceased.
Wills also enable you to plan for your children’s care. If you die
unexpectedly, the state might decide to send your kids into foster care.
However, a will can prevent this from happening by naming a guardian for
the children in the will.
It can also be changed at any time if you wish. Through a codicil, you
can amend any part of your will at any time so that it can better reflect
your most current wishes and assets.
One of the disadvantages to a will is that it must go through probate upon
a person’s death. This is the process by which the will is “proved”
in court and accepted as a valid public document. A probate court will
decide the legal validity of the will and grants its approval to the executor.
The executor then has the legal power to dispose of the assets in the
manner specified in the will. However, in probate, the will can be contested.
Probate can be long, tedious, and expensive, so talk to your attorney
about any methods you can use to make the process go faster or to avoid
it altogether legally.
Call Us Today!
It’s never too early to think about your future. If you have valuable
assets you would like to distribute upon your death, or you have dependents
to think about, consider contacting our
experienced Denver estate planning lawyer. She is experienced providing tailored, legal strategies and can assist
you in constructing your will.
Contact us at (303) 578-3940 or fill out our online form to schedule a case consultation today.