Colorado Estate Planning

Estate planning helps you manage your assets and healthcare decisions. Attorney-drafted templates are quick and straightforward to complete.

intro Estate Planning

Common Colorado Estate Planning documents

  • Last Will and Testament — specifies how your assets will be distributed after death.
  • Living Trust — manages your assets during your lifetime and after your death.
  • Power of Attorney — appoints someone to make financial decisions on your behalf.
  • Living Will — outlines your healthcare preferences in case you cannot communicate.
  • Advance Healthcare Directive — details your wishes regarding medical treatment.
  • Durable Power of Attorney for Healthcare — designates someone to make healthcare decisions for you.

Similar documents: key differences

  • Will vs. Trust — a will distributes assets after death, while a trust manages them during life.
  • Power of Attorney vs. Healthcare Proxy — a power of attorney handles financial matters, while a healthcare proxy makes medical decisions.
  • Living Will vs. Advance Directive — both express healthcare wishes, but an advance directive may include broader instructions.
  • Durable Power of Attorney vs. General Power of Attorney — a durable power remains effective if you become incapacitated.

How to get started

Start in minutes with these steps.

  • Find a template or package that fits your situation.
  • Review the description, preview, and signing requirements.
  • Get full access with a subscription.
  • Complete it in the online editor.
  • Export or send: download, email, USPS mail, notarize online, or send for e-signature.

FAQs

Estate planning ensures your assets are distributed according to your wishes and can provide healthcare directives.

You should update your estate plan after major life changes, such as marriage or birth.

A durable power of attorney allows someone to manage your financial matters if you become incapacitated.

Yes, a will is still important to cover any assets not placed in the trust.

Yes, many templates are available online for easy completion and access.

Glossary

  • Estate Planning - The process of arranging for the management of your assets.
  • Will - A legal document stating how to distribute your assets after death.
  • Trust - A legal entity that holds assets for beneficiaries.
  • Power of Attorney - A document granting someone authority to act on your behalf.
  • Living Will - A document outlining your healthcare preferences.
  • Advance Directive - A broader document detailing your medical treatment wishes.
  • Beneficiary - A person entitled to receive assets from your estate.
  • Incapacity - A state where you cannot make decisions for yourself.
  • Notarization - The act of verifying a document's authenticity.
  • Asset Management - The process of overseeing and handling your assets.

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