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Designating who gets what in terms of your assets after you pass away is a very important task that must be completed before your time runs out. Our will is what disposes of our property, and places it in the hands of those we love the most. But, what if you are currently separated and dating someone else? Perhaps you have yet to file for divorce but aren’t living with your spouse? In the event you become harmed in an accident or do in fact pass on, this person who is no longer a part of your life would in fact receive the assets you have worked so hard to obtain.
This example and many others provide evidence as to why you want to have an estate plan put into place and a will that states exactly how you want your transfer of wealth to be distributed. The state of Colorado has specific guidelines that must be followed in order for your will to be considered valid, and the terms set forth to be carried out. So, if you are in the process of devising a plan on how you want inheritances to be given and assets to be divided, consider consulting with a nearby estate planning attorney in Colorado who can help, guide, and advise you along through the entire process.
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