Meurer Law Offices, P.C., serves clients in Denver, Greenwood Village, Centennial, Aurora, Littleton, Englewood, Arvada, Westminster, Broomfield, Parker, Castle Rock, Lone Tree, Sheridan, Elizabeth, Kiowa, Lakewood, Parker, Highlands Ranch, Denver County, Arapahoe County, Adams County, Douglas County, Jefferson County, Colorado.
Estate Planning Services
Simple Wills
A Simple Will is a Will that distributes all of your assets out right to your heirs. There are no provisions to address an heir that is a minor or an individual who may have special needs. It is typically used with a person with a small estate ($100,000 or less) and adult children heirs, without special needs. Its primary purpose is to appoint which of the children the deceased desires to act as Executor/Executrix and what percentages is to go to each of the heirs.
The disadvantage to a Simple Will is that it still involves court supervision and control. The court will be required to oversee the transfer of your property to your heirs. This will involve court costs and legal and executor fees estimated at 4.1% of the Estate’s value. The time involved to probate an Estate averages nine (9) months to two (2) years or longer before your heirs inherit. The court processes rather than your family will have control upon your incapacity. Finally, court proceedings are public record and your family can be exposed to disgruntled heirs and unscrupulous solicitors.
PRACTICE AREAS - ESTATE PLANNING
More Strategies
Meurer Law Offices
5347 S. Valentia Way, Suite 220
Greenwood Village, Co. 80111
303.991.3544
Estate Planning Attorney
FREE Consultations
MEURER LAW OFFICES, P.C.
5347 South Valentia Way, Suite 220
Greenwood Village, CO 80111
Phone: 303-991-3544
