Planning your estate and its disposition on your death helps ease the burdens imposed on your spouse, partner or children when you die. Estate planning is not only for the very wealthy. Estate planning allows you to select the persons who will receive your property and who will carry out your wishes to ensure a smooth transfer of your property to your loved ones.
Estate planning also encompasses lifetime planning. Powers of attorney allow you to appoint an agent or agents to act on your behalf when you cannot act, and allows you to make dignified and thoughtful end-of-life decisions.
Under certain circumstances, a trust or trusts may also be recommended. For example, a trust may be appropriate to facilitate the management of the property and accounts of an elderly person, a minor or a young adult.
Contact Larsen Lynch May for all your estate planning needs in Edwards, CO or any surrounding area in Eagle County. Diane Larsen has practiced estate planning law for over 35 years. She will be happy to sit down and discuss your estate planning needs, craft a plan for your unique situation and recommend a course of action.