Nicole’s passion is in the planning of estates. She prefers to help clients plan appropriately from the outset, instead of trying to fix things at the last minute or having to remedy situations that occur due to poor planning or lack thereof.
There are several different methods of planning an estate. These are will-based plans, trust-based plans and other techniques an attorney can use depending on the type of assets and the client’s goals. Certain situations, such as those involving individuals with disabilities who have special needs or assets located in other countries, require specialized techniques. Years of experience in planning enable Nicole to help families in nearly every situation.
Regardless of the foundation of the estate plan, everyone needs a financial power of attorney and healthcare power of attorney to ensure someone will be able to act on their behalf with respect to their finances and healthcare needs if they cannot act for themselves. Most clients also want to give their healthcare agent some direction if they become terminally ill or are in a coma. A living will, also known as a healthcare directive, allows them to do this.
The use of trusts in Colorado for estate planning is an increasing trend over the past several decades; however, it is important clients understand both the advantages and disadvantages of the use of trusts. A proper attorney-drafted trust can provide many benefits and simplify the process of transitioning assets but there are some situations in which they are not the best tool.
Nicole and her team help families create plans that accomplish what they want to happen in the event of their incapacity or death. Without this comprehensive advanced planning however, the legal challenges families may face can be insurmountable.