Top Lakewood, CO Wills Lawyers Near You

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What Is a Will?

A will can help ensure your loved ones are provided for after you pass away. A will is a document that provides for how you want to distribute your assets after death. Without a will, the government will have to handle your estate administration according to Colorado law, which may not be the same as how you would provide for those around you. If you have questions about making a will, an experienced Lakewood estate planning lawyer can give you legal advice and help you provide for your family.

What Do I Need for a Will?

The specific requirements for a will depend on the state. In most states, the requirements for a will include:

• Be of legal age and sound mind
• Make a will in writing
• Signed by qualified witnesses

The age requirement for most states is 18, but older or younger in a few states. A will has to be made in writing in most states, but some states will also accept oral wills in limited circumstances. Some states also accept a will that is not witnessed if it is in the testator’s handwriting. It is important to make sure the will is valid or it may not be enforceable. Talk to a Colorado wills attorney to make sure your will is valid and enforceable to provide for your loved ones.

What Happens If I Die Without a Will?

If you die without a will, you are considered to be dying “intestate.” Intestate means that there is no will or estate planning tool to determine how to distribute your assets in death. The probate court will take account of your property and debts and distribute your remaining assets under Colorado intestacy laws. Intestacy will distribute the assets to family relations based on the relationship to the deceased, starting with the spouse and children. If there are no relatives, the property will go to the state.

What Is a Living Will?

A living will is different from a last will and testament. A living will is also known as an advance healthcare directive or medical directive. An advance directive can provide for medical decisions in the event that you are no longer able to communicate your wishes because of incapacity or illness. A living will can let doctors know what kind of care you want or don’t want if you have a terminal illness or are incapacitated. An elder law or estate planning attorney can give you more information about living wills.

Are There Alternatives to a Will in Colorado?

There are alternatives to a will that can provide for distributing your property after death. The most common will alternative is a trust. A living trust is another type of estate planning document where the trustee holds the property and assets for the benefit of the beneficiaries. A trust can allow you to still maintain the use and control of your property while you are living and avoid probate after death.

When Should I Make a Will?

Many people put off making a will because they don’t think they need one. A will can be an important tool for any adult to make sure their wishes are carried out after they pass away. In most states, anyone 18 or older can make a will. Making a will is important if you have children, family, or loved ones you want to provide for in the event of death. Without a will, your assets will be distributed to family members based on Colorado intestacy laws.

How Much Does an Attorney Charge for a Will?

An average will can cost from $500 to $2,000 or more. For most people, an attorney can prepare a basic will for a flat fee. Other lawyers may charge an hourly rate for legal services. The cost for a will depends on the type of estate, the amount of assets, and the individual needs of the client. To get an estimate for how much it will cost to prepare a last will and testament in your case, contact a Lakewood estate planning law firm for a quote.

What sort of issues can I seek legal help with?

Specialized legal help is available for most legal issues. Each case is unique; seeking legal help is a smart first step toward understanding your legal situation and seeking the best path toward resolution for your case. An experienced lawyer understands the local laws surrounding your case and what your best legal options might be. More importantly, there are certain situations and circumstances – such as being charged with a crime – where you should always seek experienced legal help.

What to Expect from an Initial Consultation

• Seek to determine whether the attorney can represent you. There is no one-size-fits-all legal solution and it may turn out your needs are better served by an attorney in a different specialization.
• It’s important to find a legal ally who is both competent in the law and someone you can trust to protect your interests.
• Discuss how the practice’s billing works and discuss possible additional charges or fees that may arise during or after the resolution of your case.

An attorney consultation should provide you with enough information so that you can make an informed decision on whether to proceed with legal help.

Tips on Hiring an Experienced Lawyer with Wills Cases

The more experienced a lawyer is in legal practice, the more likely he/she will be able to bring about a successful resolution to your issue. Since experience matters, lawyers who’ve been practicing law for many years (with a successful track record) tend to be in high demand. You should look for information about a lawyer’s experience and ask questions during the initial meeting. It’s a very good idea to ask the lawyer how many years he/she has been practicing law and the expected outcome of your case.

Common legal terms explained

Plaintiff – a person or party who brings a lawsuit against another person(s) or party/parties in a court of law. Private persons or parties can only file suit in civil court.

Judgment – A decision of the court. Also known as a decree or order. Judgments handed down by the court are usually binding on the parties before the court.