Preserving Your Wealth - A Guide to Colorado Probate & Estate Planning (Hardcover, Revised)

An all-inclusive reference providing thorough explanations for the Colorado resident about the laws surrounding Probate and how best to plan an estate.

Estate planning is not just for the rich; it is essential for everyone Proper estate planning requires a clear understanding of the probate process and the procedures that are necessary to prepare your estate and financial affairs in accordance with Colorado and federal laws.

Preserving Your Wealth helps Colorado residents understand the purpose of probate and how estate planning can preserve the fruits of their labors for the benefit of their families and other loved ones. Readers will learn what probate is all about, when an estate will be valued, and a time schedule for estate administration. It covers everything from estate and inheritance taxes, making gifts to charities, types of wills, what your will should contain, how to pick the right personal representative, and what happens to your debts after you die.

Key Features:

* How to plan your estate to help your family deal with probate
* Straightforward explanation of federal estate tax
* Using trusts in planning your estate (Yes, you can )
* Powers of attorney and health-care directives
* Long-term care and Medicaid planning
* Glossary of probate and estate planning terms