Now it is true, an individual can hand write a short note about “end of life” and estate decisions and have it witnessed. Most often the courts, in probate, will use that as a guideline. But maybe not if all the key points are not addressed. In any case it is likely to be an expensive process that can lead to ugly legal, medical, and family problems.
"A letter from Denny Osborn to his friends and clients who want to pass their hard earn Estate assets to loved ones"
The opposite is also true, an individual with a modest estate can go to a lawyer and pay thousands of dollars to get “templet based” Living and Estate Wills, or other end of life legal documents, that express his or her desires.
Neither options is especially good.
BUT Colorado also allows individuals to economically write their own carefully crafted Medical directives and durable powers of attorney covering their estates while the individual is incapacitated. Individuals can also write commercially guided Living and Estate Wills in a manner that truly reflects the writer’s desires. If written properly, an individualized Will can alleviate most, and perhaps all, of the probate hassle. The best part of this personalized Colorado “do it yourself” option is that legal costs are significantly reduced. Your “Medical, Living and/or Estate Wills” dictate legal and binding instructions, which the courts recognize, as “your testament,” regarding “end of life” wishes and the disposal of your estate assets.
Beginning late last year, and using the name Far Point Colorado, I have started working with individuals and families as a consultant in helping them develop proven and legally binding Medical directives, Durable Powers of Attorney, Living and Estate Wills at an economical cost. Not just a templet, but an individualized, personalized, living document.
If you are interested in such a program please give me a call. I’ll review your options with you at no charge and we’ll put a plan in place for you that: (1) Gives legally binding instructions to family and medical practitioners in case you can not do so because of an accident, illness, or other disorders; (2) Allocates your estate in the manner you want desire; (3) Helps you appoint and instruct a personal representative who knows, and respects, your wishes in plain language in a manner the courts recognize. An added benefit is that it relieves loved ones of the trauma surrounding end of life decisions.
look forward to discussing these important questions with you and addressing your concerns. If your situation is complex, perhaps you’ll need an attorney specializing in estate matters, in which case I’ll send you off with a list of key questions that will help you as you discuss important issues with that lawyer
As with my tax practice, I believe in open and transparent pricing. All of our services offer clear, upfront pricing.
Sincerely,
Denny
Denny Osborn
President
Far Point Colordao, Inc.
303-249-1486