3 Life Events That Call For Estate Planning

Press Release provided by Shelly Rosnik on May 17, 2018

LawyerCentral.com, May 17, 2018 — COLORADO — Life is full of significant events, like marriage and childbirth. These and other instances trigger the need to plan for your future and that of your loved ones. At Columbine Law Group, PC, in Parker, CO, the legal team includes skilled lawyers experienced in estate planning. Here, they discuss circumstances in which wise planning gives clients peace of mind.

3 Life Events That Trigger Need for Estate Planning 1. Getting Married

Walking down the aisle and saying, “I do” means making a lifelong commitment to your spouse. Estate planning for married couples includes drafting wills and trusts to hold and dispose of individual and marital property, purchasing life insurance policies to provide for the surviving spouse, and disability insurance in case of extended illness or injury.

2. Giving Birth or Adopting a Child

Parenthood adds a whole new dimension to your life. Little ones unable to care for themselves depend on you, so estate planning becomes crucial. You should update your will to include your children and name a guardian to take care of them in case you pass away before they become adults.

Your lawyer will guide you in creating a trust, which allows you to provide for your children financially, and then pass the property to them. You can name a trustee to administer the trust until the children are mature enough to handle the assets themselves.

3. Catastrophic Illness or Injury

Catastrophic accidents and debilitating illnesses happen without warning, at any age. Wise estate planning anticipates the possibility of such life-changing events. Your lawyer will prepare a power of attorney so you can designate an attorney-in-fact to handle your business and personal affairs when you can’t. A durable power of attorney for health care lets you name someone you trust to make medical decisions for you.

Before the next significant event in your life, seek counsel from the experienced and compassionate estate planning lawyers at Columbine Law Group, PC, in Parker, CO. Call today for your free consultation at (720) 787-7870. Learn more about their work with wills and trusts by visiting their website, and keep up with them on Facebook.

Shelly Rosnik

Shelly Rosnik

Columbine Law Group, PC

Attorney Shelly Rosnik is Member of Columbine Law Group, PC, a law firm in Parker, Colorado. As a lawyer in Parker, CO, attorney Rosnik serves Douglas County, as well as clients throughout Colorado.
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