Estate Planning

Jereme Baker, Attorney at Law & Managing CEO

Jereme Baker is the owner and Managing Member of Baker Law Group. Mr. Baker has extensive experience in the various practice areas of the firm, namely, Real Estate, Business/Corporate Law, Probate, Estate Planning and Guardianship/Conservatorship Law.

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Brian Petz, Associate Attorney

Brian Petz is a senior associate and chair of the Probate and Estate Planning Department of Baker Law Group, LLC. His practice focuses on estate planning, guardianship and conservatorship, estate and trust administration, and probate litigation.

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Through careful planning and drafting, Baker Law Group ensures the proper management and distribution of your estate. We make sure that our clients’ hard-earned money is distributed to their loved ones at the time of their passing instead of being subject to unnecessary taxation and mismanagement. Allow us to help protect you and your family’s assets in the years to come.

We provide the following estate planning services:

Creating a Will

Our estate planning attorneys are readily available to assist you in creating your will. Because laws vary significantly from state to state and are subject to change, it is highly recommended that you consult with an estate planning attorney prior to forming a will. Our attorneys are familiar with the nuances of the Colorado laws governing will drafting and interpretation and stay current on any changes to those laws. Poorly drafted or outdated estate planning documents can lead to confusion, family discord, and even costly litigation. It is not uncommon for a disputed will to cost an estate tens of thousands of dollars. Let us ensure that your will and other estate planning documents are clearly and properly drafted in accordance with your wishes.

Drafting and Managing a Trust

Trusts aren’t just for the wealthy, and there are many types. A trust can be a wonderful tool for moving assets to family members or charities, providing for family members with special needs or who are financially irresponsible, or providing for the educational expenses of progeny. Trusts can also be useful in avoiding high estate taxes and probate fees, and for preventing the mishandling of assets. Our estate planning attorneys will explain the various types of trusts and will help you determine the best method to execute your financial intentions.

You may want to contact our estate planning attorneys to create a trust if:

  • You cannot manage your own assets
  • You want to avoid probate
  • Someone, often a child or disabled family member, is incapable of managing money or assets
  • You want to transfer assets quickly after death
  • You want to lower estate taxes
  • A disabled family member has been awarded monies and you want to avoid the loss of government benefits
  • You want to provide for your descendants’ future educational needs

Powers of Attorney & Advance Directives

Just as it is important to have a well-drafted will or trust, it is equally important to have powers of attorney and advance directives properly prepared. These documents are your opportunity to designate who will have the power to act on your behalf during your life in different situations. In addition to naming your designees, these documents can provide guidance to those individuals regarding your wishes. It is critically important to have carefully and thoughtfully drafted documents, as they give others the power to make life-altering decisions on your behalf when you are incapacitated and unable to express your desires.

Definitions:

  • Durable Power of Attorney

    Power of attorney gives written authority to another person to make decisions and act on behalf of the principal in business, legal and private matters. A durable power of attorney is a document that remains valid even if the principal becomes incapacitated, disabled, or suffers illness.

  • Medical Durable Power of Attorney

    Generally, a Medical Durable Power of Attorney allows you to appoint a person as your agent to make decisions for you regarding medical and personal decisions.

  • Living Wills

    Also referred to as an advance directive, a living will is a document that details a person’s wishes regarding medical treatment in life prolonging situations.

To schedule an estate planning consultation, please call (303) 862-4564.