Denver-Area Estate Planning Lawyer

Attorney Richard B. Vincent has been serving Colorado families for over 40 years. He and the team of estate planning professionals at Vincent & Romeo, LLC can help you prepare an estate plan that meets your unique goals and values.

Estate planning can enable you to control what happens to your assets after your death, to give gifts to loved ones and special causes, and to protect your family from unnecessary taxes and legal battles. With so many different options available, it is best to work with an estate planning attorney who can create a customized plan that is right for you and your family.

Why Work With Our Colorado Estate Planning Law Firm?

Our firm takes pride in being practical, thoughtful and focused on client satisfaction. Our priority is to first listen carefully to our clients’ goals and concerns, then to explain the different options available to address those needs. Our clients often say they are amazed at how our team made the process easy and accessible, and delighted with the level of care and attention they received. We know how intimidating it can be to walk into a lawyer’s office, and we never want anyone to feel lost or confused.

Protecting and planning for the disposition of your assets is only one part of estate planning – it is also necessary to plan for your own care for the duration of your life. Some families also want to plan for the support of disabled children or loved ones in their care. At Vincent & Romeo, LLC, we guide you through the process and help you choose the best estate planning tools for your situation, including:

• Wills and trusts
• Special needs trusts
• Advance medical directives
• Durable powers of attorney

We work closely with our clients to determine their goals and advise them on the best possible ways to achieve those goals. The attorney drafts individualized estate planning instruments that reflect discussions with clients and meet their goals.

Frequently Asked Questions About Estate Planning

If you have questions about estate planning, do not wait to speak to an attorney. Our attorneys at Vincent & Romeo, LLC, can provide answers to all of your questions, including:

Do I still need an estate plan even if I don’t have a lot of assets?

Yes. While you may not have a large estate, you still want to create a will. Asset protection and division are not the only benefits of estate planning. You can also assign a power of attorney or draft a living will. A power of attorney and a living will can allow you to decide what should happen if you are incapacitated and can no longer make decisions for yourself. This preserves your autonomy in those situations.

You should also create a will, even if your only assets are personal items of largely sentimental value. Sentimental items can be a source of a great deal of grief and family strife after a loved one dies, and clear directions about who should receive what can prevent that. 

To learn more about how an estate plan can benefit you – and how it can grow and change over time to meet your needs – call 303-720-7260 today.

What assets should I consider for my estate plan?

Essentially, your estate may be comprised of two kinds of assets: those with direct beneficiaries and those without. Each needs to be handled differently. When making your estate plan, you should compile records of all your holdings, including:

• Real estate
• Businesses
• Jewelry or artwork
• Vehicles
• Life insurance policies
• Savings and banking accounts
• Retirement funds
• Stocks, bonds, mutual funds
• Digital assets
• Intellectual property 

A detailed inventory of your assets will make estate planning easier.

When should I update my estate plan?

The short answer is that you should review and update your estate plan every three to five years. However, you should also update your estate plan after any major life event, such as marriage, divorce, retirement, serious medical diagnosis or changes in your interpersonal relationships.

What happens if I die without an estate plan?

Dying “intestate,” or without a will, puts the state in charge. That means the state will direct someone to handle your estate and, once probate closes, distribute your remaining assets according to Colorado’s intestate succession laws. That may not reflect your actual preferences, and it can create expenses and delays in the probate process that can be burdensome for your loved ones.

Compassionate Estate Planning Services: Vincent & Romeo, LLC

Let us explain the benefits you can gain from our comprehensive legal services. Please contact us at one of our offices to schedule an initial appointment. Call 303-500-5859 in Englewood or 303-720-7260 in Boulder County. You can also reach us online. All communications are held in complete confidence.