Filing a Will in Denver

Your last will and testament is a legal document designed to make your end-of-life wishes pertaining to assets you own.  It allows you to communicate how you want property and other assets distributed to heirs or beneficiaries, give voice to who you want to be nominated as guardian for your minor children (if the other parent is deceased or incapable, for example), and leave directions for how certain expenses regarding burial, cremation, and funeral arrangements are to be paid.

As a side note, it’s wise to make your funeral wishes known in another way, since the last will and testament may not be read until after you’ve been laid to rest. 

Wills versus Trusts

If you have a will or a trust, you might not think you need the other, but these legal devices serve two distinct purposes, and they actually work best when used together.  Trusts, for example, are ideal for protecting wealth and assets with significant monetary value since they help to avoid estate taxes and can save on legal fees and costs associated with probate.

A will, on the other hand, is better used for passing along items of sentimental value, like heirlooms with little monetary value and personal property.  There are also certain legal situations that cannot be handled with a trust structure, such as nominating guardianship.

It’s important that you work with experienced professionals like the attorneys at Curtis Law Firm to draft an ironclad will so as to avoid the potential for contestation.  Keep in mind, it’s much more difficult to contest a trust, which is why it’s wise to use both of these legal devices to benefit your loved ones after your death.