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Estate Planning

At Burnham Law, our estate planning attorneys are ready to assist you in developing an estate plan tailored to your specific needs. Whether you need a will or a trust, or you have a simple or complex estate, we have the resources to design a plan that caters to your needs. Our goal is to create a strong legal foundation for you to protect yourself and your family from all of life’s surprises.

Although planning for the future is one of the most important things you can do, knowing which direction to take is not always easy. The attorneys at Burnham Law can provide you with the individualized attention and in-depth instruction you need.

Why You Need An Estate Plan

If you pass away without a will and/or estate plan, Colorado law will determine what happens to your property. If you are like most people and prefer to have control over your own property, the attorneys at Burnham Law can assist you. Indeed, we can help you with a wide range of estate planning tools and methods, including: wills, trusts, powers of attorney, healthcare documents, and long term care planning. 

  • Wills: A well-crafted last will and testament can accomplish a lot, including outlining how your property will be distributed upon your passing and dictating who will be guardians of your minor children. 
  • Trusts: Depending on your situation, there may be many financial advantages to establishing a trust. However, given the many different types of trusts available, you should speak with one of our attorneys to determine which type may best serve your purpose, including legal, investment or tax planning purposes.
  • Powers of attorney: A power of attorney is a legal instrument that gives another person the legal rights to make certain decisions for you. The authority granted by a power of attorney can be very narrow or quite broad, depending on your needs. If the goal is to name someone who will make your decisions should you be incapacitated, a durable power of attorney should be used to deal with both medical and money matters.
  • Health care documents/advance directives: An advance directive is a legal instrument that outlines the type of medical care you would want to receive should you lose the ability to communicate and/or make your own decisions. 
  • Long-term care planning: If you think you may need long-term care in a nursing home or other assisted living facility, it is best to prepare years in advance, especially if you think you will need Medicaid to help cover expenses. Special trusts and gifting strategies should be explored sooner than later to avoid financial pitfalls down the line.

Our experienced estate planning attorneys understand that you, and your needs, are unique. Our goal is to listen to what your estate planning concerns and goals are for the future. We care about what is important to you as you begin this journey. Our focus is on you, your priorities, and your objectives.

Importance of Estate Planning

A variety of misconceptions exist when it comes to estate planning. One of the most common mistakes is believing that only retired people need to worry about their estate, but this is not true. Your estate is your legacy and you cannot take it with you when you pass away. Leaving the distribution of your estate up to the State’s probate laws or under a probate court’s administration can result in leaving your family without the financial security or resources it needs.

Our Attorneys Can Help You Prepare for the Future

Many details are involved in creating your estate plan, and it is never too early to start. Even if you have already created a will or trust, it is important to revisit the terms so that you can make any necessary changes. The estate planning attorneys at Burnham Law provide a wide variety of estate planning services; including estate management; wills, living trusts, revocable trusts, family trusts, and special needs trusts; health care surrogate; living wills; and other services.​