Estate planning is a complex process involving more than just drafting a will. It requires careful navigation of all your assets, their valuation, and as well as their eventual distribution. It's like organizing a high-stakes garage sale, which demands both meticulous care and attention.
As your experienced Greenwood Village probate lawyer, I understand all the intricacies involved and am here to guide you every step of the way.
How I Can Help: Probate Attorney Consultation
Expertise in Estate Laws
Every state has its own set of probate laws, and here in Colorado, these can be particularly complex. As your attorney, I've spent years studying and practicing these laws, familiarizing myself with every twist and turn they present.
My job is to guide you through this maze, ensuring we adhere to every legal requirement. You don't have to worry about missing a step or taking a wrong turn–I'm here to lead the way.
Asset Identification and Valuation
A critical step in estate planning. Some may be easy to find; others may be hidden or not immediately recognizable. As your experienced probate attorney, I know how to find them, accurately identify them, and place a fair value on them, leading to a fair and equitable distribution.
In these tough situations, disputes among family members or beneficiaries sometimes can’t be avoided–which is understandable, yet such can strain family relationships and even complicate the process. As your Greenwood Village probate lawyer, I bring my skills as a mediator to the table, ensuring a smooth estate settlement process.
The Colorado Navigating Estates Process with Boney Law Firm
Filing of the Will
After a loved one's passing, their will must be filed with the probate court to serve as a roadmap, outlining their wishes for their estate. As your probate will lawyer, I ensure this filing process is handled promptly and accurately, respecting both the timeline set by the court and as well as the intentions of your loved one.
Appointment of the Executor
The court then appoints an executor to oversee the administration of the estate, who is essentially the driver of our journey, and responsible for steering the process. If you've been appointed, I'll be right beside you, providing guidance and support to help you fulfill your duties responsibly and efficiently.
Inventory of Assets
These could include everything from all real estate properties and vehicles down to bank accounts, investments, and all personal belongings. This is challenging, yes, but I'll ensure each of these is accounted for and valued correctly.
Paying Debts and Taxes
Before we can distribute anything, we first need to settle any outstanding debts or taxes the deceased may have left behind, like paying off their mortgages, all their credit card debts, or any medical bills, as well as settling any estate taxes due. I will assist you in identifying these obligations and ensuring they are paid from the estate in both a timely and legally compliant manner.
This involves executing all the instructions laid out in the will, ensuring that each beneficiary receives what is intended for them. A somehow bittersweet moment, as it marks our final step in honoring your loved one's last wishes.
And you don't have to do this alone. Boney Law Firm is here for you providing compassionate and efficient legal services to help ease your burden during this difficult time.
In the Greenwood Village area and need assistance? Reach out.
Contact Us Today for your FREE Probate Attorney Consultation