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COVID-19 NOTICE:

After careful review of the COVID-19 environment, the law firm of Chayet & Danzo, LLC, will be conducting in-person appointments in our offices on a limited basis and with strict social distancing protocols.

During this time, our team will continue to diligently work remotely on all client matters and will maintain communication through email, telephone, and video conferencing. Our main office number, (303) 355-8500 will continue to be answered during our normal business hours of 8:00 a.m. to 5 p.m. Monday - Thursday and 8:00 a.m. to 4:00 p.m. on Fridays.

This decision to have limited appointments in-office while following strict social distancing protocols is in the best interest and health of our team, clients and community.

We will continue accepting new clients during this period as well as fully servicing our existing clients.

We wish you and your family continued health during these unique and challenging times.

Compassion, talent and dedication: guiding colorado families and Their Trusted Advisors During Times of Need

It’s always a good time to get your estate planning documents in order, part 1

You are young and not worried about getting a serious illness. You are optimistic and not concerned about being in an accident. You are too busy with your job and young children to get your estate planning done. You figure Colorado law will direct distribution of your property among your relatives in a reasonable way if you don’t have a will. You are older but take great care of yourself and are in good health.

Potential scenarios that merit estate planning

There are many excuses we tell ourselves when we feel we don’t yet need to make important decisions about who will manage our affairs if we become incapacitated. For example:

  • How will medical treatment decisions will be made should we become unable to communicate our choices, either during temporary incapacity or at end of life?
  • If we are not able to manage our financial affairs, how can someone else assist?
  • To whom do we want our assets to go after we pass away?

In a comprehensive estate plan, you can direct your preferences for how to resolve issues that arise in these potential scenarios and who you would like to carry out your wishes.

Who will hold down the fort if you can’t?

A simple legal document called a financial or durable power of attorney can provide peace of mind should you become incapacitated and unable to take care of you or your family’s financial affairs. This could happen after an accident or illness. For example, you may spend time on life support, become unable to communicate or experience cognitive impairment.

During this period – which, hopefully, will be temporary but may not be – you can give someone the authority to manage your financial affairs on your behalf by executing a power of attorney. Your chosen agent could step in and pay your bills, manage investments and real estate, apply for public benefits, file and pay your taxes and more.

Think broadly about who this person might be and what qualities and strengths you want them to have. It could be a spouse, relative, friend or other acquaintance. Talk to the person you are considering before you name them to be sure they would and could serve and that they understand your concerns and priorities.

 

 

 

 

 

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We are the premier Elder Law firm in the Colorado region. We set ourselves apart from other law firms in the area with our talent, dedication, compassion and ability of our attorneys to handle any case in Elder Law. We serve Colorado families with experience and dignity in your time of need.

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Denver, CO 80246

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Aspen, CO 81611

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