Marcus Flinders, Estate Planning

Marcus Flinders, Estate Planning

At the Marcus Flinders Law Firm we believe the best laid plans are made today.  While it’s difficult to discuss issues of passing away, and easy to dismiss death as something that’s far off, it’s important that everyone take the appropriate steps to safeguard their family if that unfortunate day happens sooner than expected.  That’s why our compassionate Littleton Estate Planning Attorneys will make the process easy to discuss and understand.

Protecting Your Family

The biggest myth surrounding estate planning is that you need to be rich to consider comprehensive estate planning. The truth is… Everyone Needs Comprehensive Estate Planning. Do you have minor children? A comprehensive estate plan can nominate a guardian for them to help ensure you choose who raises your children, not a court. Have particular wishes about how property is divided between your wife and kids? A comprehensive estate plan will make sure your property passes as you wish, not according to government rules. Uncertain how to provide for a loved one with disabilities or creditors? A comprehensive estate plan will allow you to set up a system that provides for disabled loves one or those with creditors, without allowing their inheritance to be squandered. These are just some of the common situations that people simply don’t consider when thinking about estate planning.

More than a Simple Will

Comprehensive estate planning means more than just a simple will. When you approach our Littleton Estate Planning Law Firm, we will not just draft a fill-in-the-blank form will for you. We take the time to consult with you about your family, your finances, your health, your goals and your expectations. Comprehensive estate planning is all about the big picture. A simple form will can’t address all of the wishes and goals of the average family. By examining your life as a whole, we can make sure your family is protected and your wishes are carried out. Frequently this means a will, powers of attorney, an advance directive (living will) and sometimes a trust. What’s important is that our Littleton Estate Planning Attorneys will custom tailor a plan that’s right for you.

Minimizing Tax Liability

For those who have been fortunate enough to amass significant assets during their life we also offer tax planning services. The current estate tax rate is 35% and the generation skipping transfer tax rate is an additional 35%. This means that without proper advice more than 70% of certain transfers you make during life or at death could end up in the government’s hands. We will work with you to come up with a tax plan for your financial situation to minimize your estate tax, gift tax and generation skipping transfer tax liabilities. Through a combination of exemptions, specialized trust transfers and lifetime gifting we make sure your loved ones receive the bounty of your life, not the government.

Comprehensive Estate Planning & Tax Planning Services

Here is just a sampling of the many skilled estate planning services we offer:

Will Drafting

  • Simple or Complex Wills
  • Pour Over Wills
  • Joint & Mutual Wills
  • Conditional Wills
  • Testamentary Trust Wills
  • Codicils

Powers of Attorney

  • Durable Power of Attorney
  • Healthcare / Medical Power of Attorney
  • Financial Power of Attorney
  • General Power of Attorney
  • Springing Power of Attorney
  • Limited Power of Attorney

Advance Directive

  • Living Will
  • Declaration Regarding Medical / Surgical Treatment
  • Do Not Resuscitate Order (DNRO)

Trust Drafting

  • Inter Vivos / Living Trust
  • Revocable Trust
  • Irrevocable Trust
  • Life Insurance Trust
  • Spendthrift Trust
  • Asset Protection Trust
  • Credit Shelter Trust
  • Discretionary Trust
  • Joint Trust
  • Family Trust
  • Qualified Terminable Interest Trust (QTIP)
  • General Power of Appointment Trust (GPoA Trust)
  • Dynasty Trust
  • and many more…

Prenuptial / Premarital Agreement
Designated Beneficiary Agreement
Domestic Partnership Agreement
Tax Planning
Gift Planning
and more…

Request your free consultation with Flinlaw today.