If you can answer yes to any one or all of the statements below, a Colorado Living Trust based estate plan is likely your estate planning solution:

1. I am concerned about the IRS "inheriting" a portion of my estate when I die;
2. I do not want my child or my beneficiary to lose his/her inheritance to creditors, lawsuits or to a divorcing spouse;
3. I am concerned that my child/beneficiary will lose his/her inheritance due to mismanagement of the money; and
4. I have minor children.

A Colorado Living Trust has become a growing alternative to and is a more powerful option than a Colorado Will. If you have minor children, want to build in creditor protection for your beneficiaries, prefer to minimize transfer taxation and desire to protect yourself should you become incapacitated, a Living Trust based estate plan is your best option.

Is a Living Trust the best way to plan your estate?

A Revocable Living Trust based-plan is clearly superior planning for almost any situation. It can be flexible and thorough and offers many safeguards to you and your loved ones. Our Living Trust based estate plan enables you to accomplish the following:

1. Maintain control in the event of your incapacity;
2. Utilize tax code provisions to significantly defer and reduce estate taxation for several generations;
3. Control who receives your assets;
4. Protect your beneficiaries’ inheritance from mismanagement and creditors; and
5. Avoid the probate process to the greatest extent possible.

Many estate plans fail to reach their full potential because they were not properly designed, drafted and implemented. This is especially true for those who rely on forms which are not tailored for one’s individual circumstances. At The Estate Planning Company, we do not believe two individuals will have the same estate plan. Accordingly, we tailor our plans to the specific needs and desires of our clients.