When people think about estate plans, they probably think about an older person organizing and structuring their estate plan. The older person may even be close to death. The point is that most people think of estate plans as “something that older people do.” If you are young, you do not need an estate plan — or so that line of thinking goes.
Estate plans are very complicated, and they may not be at the top of your “to do list,” but they should be, and it does not matter how old you are. Even younger people should create estate plans. It does not matter if you only have a few assets worth noting because your estate plan is so much more than that. It establishes the basis for how your assets and last wishes are to be handled in case of death. And no matter how old you are, those are things that you wanted protected and handled properly.
Of course, not many people know how to attack the task that is organizing and completing an estate plan. That are rules that need to be followed to ensure that the estate plan is valid and compliant, and there are also many details that people can miss while putting together their estate plan.
This is where the helpful guidance of an experienced estate plan attorney is important, and in the Denver area, Chayet & Danzo has the knowledge and experience to aid people who are preparing, managing or executing their estate.