My clients often tell me that they intended to get their estate plan done sooner, but . . .
A. Your estate plan consists of all the tools by which you communicate your directions and wishes if you become incapacitated or die.
B. The core elements are:
A. Your will is a written document in which you direct:
A. “Nonprobate” assets are assets controlled by a deed or separate contractual arrangement and not by your will.
B. Be sure you review these items with your estate planning attorney:
A. Small estate:
In Colorado, "avoiding probate” need not be a primary concern for most people. However, a revocable trust may be desirable for other reasons, such as: