Fort Collins Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will

Category:
State:
Colorado
City:
Fort Collins
Control #:
CO-P001-PKG
Format:
Word; 
Rich Text
Instant download

Description

The Legal Life Documents Personal Planning Package contains essential life documents, information on how to organize life documents and other products. The documents in this package are State Specific.


This package contains the following forms:



1. Last Will

2. Statutory Medical Durable Power of Attorney

3. General Durable Power of Attorney for Property and Finances

4. Agent's Affidavit that Power of Attorney not revoked

5. Statutory General Power of Attorney with Durable Provisions

6. Health Care Directive

7. Estate Planning Questionnaire and Worksheets

8. Personal Planning Information and Document Inventory Worksheets

Bonus financial forms!



1. Last Will - Complete this form to detail in writing your wishes regarding who is to receive your property at death and who will administer your estate. It also enables you to appoint trustees or guardians, if applicable.


2. Statutory Medical Durable Power of Attorney - This is a statutory form that is provided for in the Colorado Revised Statutes. This document gives the person you name as your agent the authority to make any and all health care decisions for you when you are no longer capable of making them yourself.


3. General Durable Power of Attorney for Property and Finances Effective Immediately - This General Durable Power of Attorney is a general, durable power of attorney which is effective IMMEDIATELY. The powers granted to an Agent in this Power of Attorney are very broad. This Power of Attorney does NOT provide for health care services. This form complies with all applicable state statutory laws.


4. Agent's Affidavit that Power of Attorney not revoked - Based on 15-1-1302, 15-14-501, and 15-14-502, Colorado Revised Statutes. Agent states that Power of Attorney remains in effect and has not been revoked.


5. Statutory General Power of Attorney with Durable Provisions - This is a statutory form that is a general, durable and/or limited power of attorney, depending on how you use it. It grants your attorney in fact (your agent) VERY broad powers with regard to your property and finances. If you wish to grant only limited powers, initial only those powers and cross out the powers you don't want the agent to have. You may also specify if you wish to have it remain in effect in case you become disabled, incapacitated, or incompetent. This Power of Attorney does NOT provide for health care services.


6. Health Care Directive - Declaration as to Medical and Surgical Treatment - Living Will -Statutory Form - This is a statutory form that is provided for in the Colorado Revised Statutes. This form allows you to express your wishes and desires regarding whether or not your life is prolonged by artificial means.


7. Estate Planning Questionnaire and Worksheets - This Estate Planning Questionnaire and Worksheet is for completing information relevant to an estate. It contains questions for personal and financial information. You may use this form for client interviews. It is also ideal for a person to complete to view their overall financial situation for estate planning purposes.


8. Personal Planning Information and Document Inventory Worksheets - This form enables you to document matters relevant to your life and personal planning such as the location of your important legal documents, relatives names, contact information, medical information, financial asset inventory and more.

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  • Preview Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will
  • Preview Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will

How to fill out Colorado Life Documents Planning Package, Including Will, Power Of Attorney And Living Will?

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FAQ

Typically, an estate does not override a will; rather, the will outlines how the estate is managed and distributed after your death. If a valid will exists, it takes precedence over the default laws of intestacy, which apply when someone dies without a will. By carefully planning your estate with the Fort Collins Colorado Life Documents Planning Package, including your Will, Power of Attorney, and Living Will, you can ensure your wishes are respected and your loved ones are cared for.

While estate planning offers many benefits, such as clarity and security, it can come with some disadvantages. For instance, the process may require time and financial resources to create an effective plan. Furthermore, changes in your circumstances might necessitate frequent updates to your documents. However, the Fort Collins Colorado Life Documents Planning Package helps mitigate these issues by providing a streamlined approach to ensure your plan remains current and effective.

To obtain a copy of your living will, you should first check with the attorney or service that helped you create it. If you utilized the Fort Collins Colorado Life Documents Planning Package to create your Living Will, you could log into your account on the USLegalForms platform for easy access. Additionally, it's wise to keep several copies in safe places, such as with your healthcare provider and family members, to ensure it is readily available when needed.

The primary purpose of an estate plan is to ensure your wishes are honored regarding your assets and healthcare after you pass away. It helps you decide who receives your property, who makes financial decisions on your behalf, and who manages your healthcare if you're unable to. By utilizing the Fort Collins Colorado Life Documents Planning Package, including a Will, Power of Attorney, and Living Will, you can create a plan that reflects your desires and secures your family's future.

A will is a legal document that outlines how you wish to distribute your assets after your death. In contrast, an estate plan encompasses your will, as well as other documents like a Power of Attorney and Living Will. The Fort Collins Colorado Life Documents Planning Package provides a comprehensive approach to estate planning, ensuring all aspects of your wishes are documented and legally protected. Therefore, while a will is an essential component, an estate plan is a complete strategy for your legacy.

The primary difference lies in their functions. A power of attorney gives someone the ability to make financial or legal decisions for you, while a living will specifically addresses your healthcare preferences. Understanding these differences helps you create a more robust Fort Collins Colorado Life Documents Planning Package that effectively meets your needs and preferences.

A legal power of attorney cannot make decisions about your will, alter or revoke an existing trust, or change beneficiary designations. These limitations highlight the importance of having both a comprehensive will and a power of attorney in your Fort Collins Colorado Life Documents Planning Package. Each document serves a specific purpose in safeguarding your interests.

Choosing between a living will and a power of attorney depends on your needs. A living will details your healthcare preferences when you cannot communicate, while a power of attorney allows someone to make decisions on your behalf. Oftentimes, both documents work together as part of a comprehensive Fort Collins Colorado Life Documents Planning Package, helping you maintain control over your medical and financial affairs.

Yes, you can create your own will in Colorado, provided it meets state laws. While DIY wills can be appealing, they often lack important legal language and requirements. Utilizing resources like the Fort Collins Colorado Life Documents Planning Package can help ensure your will is valid and enforceable, protecting your wishes.

No, a power of attorney cannot override a will. A POA only remains effective while you are alive and does not determine how your assets will be distributed after death. After your passing, your will takes precedence in guiding asset distribution. This is why it’s important to include both a will and power of attorney in your Fort Collins Colorado Life Documents Planning Package.

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Fort Collins Colorado Life Documents Planning Package, including Will, Power of Attorney and Living Will