Estate Planning Montrose CO
Estate planning gives you control of your life and assets while you are still able to decide how you want your assets divided when you pass away and to whom they shall go. It’s the best way to save money on taxes and use the probate law to your advantage so that your beneficiaries get more. It’s a good idea to find a knowledgeable estate planning attorney that can review your wills and trusts and even help you with funeral planning ahead of time so that everything that happens when you are no longer here occurs exactly how you’ve directed it to be. Please scroll down to learn more and get access to the estate planning attorneys in Montrose, CO listed below.
Montrose Valley Funeral Home
(970) 249-4400
(970) 249-4400
505 S 2Nd St
Montrose, CO
Montrose, CO
Crippin Funeral Home
(970) 249-2121
(970) 249-2121
802 E Main St
Montrose, CO
Montrose, CO
Crist Mortuary & Crematory
(303) 442-4411
(303) 442-4411
3395 Penrose Pl
Boulder, CO
Boulder, CO
Moore-Howard Berkeley Park
(303) 433-6425
(303) 433-6425
4345 W 46Th Ave
Denver, CO
Denver, CO
Olinger''S
(303) 455-3663
(303) 455-3663
7495 West 29Th Ave.
Lakewood, CO
Lakewood, CO
Chapel Of The Roses
(970) 249-7885
(970) 249-7885
505 S 2Nd St
Montrose, CO
Montrose, CO
Angelus Chapel Mortuaries
(719) 544-4368
(719) 544-4368
1101 E Evans Ave
Pueblo, CO
Pueblo, CO
Monarch Society
(303) 837-8712
(303) 837-8712
1534 Pearl St
Denver, CO
Denver, CO
CARLSON MEMORIALS, INC.
(970) 242-7264
(970) 242-7264
237 South Avenue
Grand Junction, CO
Grand Junction, CO
Estate Planning
Estate, Financial, and Administrative Things To Do
Following the funeral a variety of estate, financial and administrative matters must be addressed. The tasks you may need to do include:
- Sending acknowledgement notes expressing gratitude for flowers, donations and special assistance.
- Commencing estate proceedings. Whether an extensive Probate proceeding is necessary is determined by the size of the estate and the existance of a will and living trusts. An Executor, named in the will or appointed by the Probate Court will sheperd the estate through this process. Also, it may be necessary to hire an estate planning attorney to provide legal guidance.
- Accounting for all assets and debts of the deceased. Make arrangements to pay outstanding bills. It may be necessary to have the Probate Court release short-term funds to cover these bills.
- Filing death benefit claims with insurance companies, Social Security, the Veterans Administration, pension/retirement funds, unions, etc. Certified copies of the death certificate are usually required in making these claims.
- Changing all jointly held accounts including, bank accounts, brokerage accounts, stocks, bonds and other investments. Be aware that, once the institution has been notified of the death, some accounts and lock boxes may not be accessible to you without appoval of the Probate Court.
- Change or re-establish mortgages, credit cards, and loans.
- Sending notifications of death to:
- Employers — to make them aware of the death and determine if any death benefits are available.
- Fraternal, social, civic, and religious organizations — to make them aware of the death so they can make the roster change and notify members.
- State and local agencies, such as the Department of Motor Vehicles, to transfer all licenses and titles.
- Telephone, utility, newspaper and any other services that are registered in the deceased's name.
- Accountant/tax preparer — to provide the information they'll need to file the tax returns.
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