Get a Free Consultation with Us
Estate Planning Lawyer In Castle Rock, CO
At Lifetime Estate, our team of experienced legal professionals is excited to help you have peace of mind and optimism for the future. We understand that planning your estate can come with a wide range of questions and potential concerns. Our estate planning attorney can connect with you on both a professional and personal level so that you can move forward with confidence.
Click Here To Register
The Plan You Need
We listen to your needs to help you determine your next steps.
Highly Responsive
You won't wait forever to hear back from us.
Proactive Approach
We help you prevent legal problems and mistakes before they happen.
We Take Care Of Your Legal Concerns
At Lifetime Estate, we customize the documents to fit your particular needs and improve the quality of living. We focus on listening so that we can better understand your goals.
Our clients say we are the best Estate Planning attorneys because we keep it simple. Our interview takes approximately 30 minutes to complete. With our years of experience, we've allowed ourselves to improve our method for pursuing your objectives and educating you so you can choose how to control your result. We care.
We focus on Estate Planning, Wills & Trusts, Asset Protection & Real Estate Law. You won't find our skills, experience, and wide-ranging legal information at any other law firm. We are aware of the legislation and are adept at achieving goals.
Expert Attorney For Your Law Needs
Why are we called Lifetime Estate? It’s because we offer comprehensive Estate Planning at the right price: We help you protect everyone you love and everything you’ve worked for is guaranteed for life*.
The bottom line is, people never plan to fail, they simply fail to plan. We make planning simple. We have been a trusted brand in the legal industry for more than three decades practicing in Colorado and are authorized to practice Estate Planning on a nationwide basis. Our team of knowledgeable attorneys focuses on estate planning, offering our customers complete legal solutions catered to their requirements.
With 32 years of experience, our company has built a solid reputation for excellence and a dedication to providing our clients with the best results. Our team has the knowledge and experience to help you at every stage of the legal process, whether you’re a business owner, a family trying to protect your legacy, or dealing with a difficult family law issue. At Lifetime Estate, we are committed to defending your rights and assisting you in pursuing your legal objectives.
How Estate Planning Helps With Tax Minimizations
Gift Tax
Estate planning can help you save money on gift taxes by allowing you to give assets to loved ones during your lifetime. You can minimize the size of your estate by gifting assets, which reduces the amount of estate tax that may be required upon your death.
Estate Tax
Estate planning can also assist in lowering estate taxes by reducing the value of your estate. This can be accomplished by forming a trust or making charitable contributions. In 2023, the estate tax exemption is $12.06 million.
Generation-Skipping
Transfer Tax (GSTT)
Estate planning can also help reduce GSTT by allowing you to transfer assets to grandkids or other future generations without incurring gift or estate taxes.
Income Tax
By transferring assets to beneficiaries in a tax-efficient manner, estate planning can also help to reduce income taxes. For example, assets that have risen in value can be passed to beneficiaries through a trust, allowing capital gains tax to be minimized.
Probate Avoidance Attorney
The legal procedure for managing an estate when a person passes away is called probate. It entails confirming the validity of the decedent’s will (if there was one), locating and appraising their assets, paying any debts and taxes due, and then distributing the remaining assets to the beneficiaries.
Assets may be held hostage for months or even years during the protracted and expensive process of probate. Additionally, the specifics of the estate are made public, which may not be what some people want, and the court decides the fate of everything you love, including who takes care of your children. The attorneys at Lifetime Estate regularly practice in probate court, dealing with the most common issues in wills, trusts, and intestate matters. This means when we create your estate plan, we know how to best protect you from the most common issues currently being litigated.
We help your family affairs stay private and ensure that your final wishes are actionable in the eyes of the law.
Some Common Methods Of Probate Avoidance Include:
- Establishing a Trust
- Joint Ownership
- Beneficiary Designations
- Gifts
- Advanced Financial Planning
It’s important to keep in mind that each state has different probate laws, and some jurisdictions have streamlined the probate process for smaller estates. It’s also crucial to speak with an estate planning lawyer to figure out the best probate avoidance tactics for your particular situation.