| MICHAEL A. ROBINSON, P.C. Attorney and Counselor at Law Serving Douglas County Since 1989 900 W. Castleton Road, Suite 135 Castle Rock, Colorado 80109 303-688-0944 |
| July, 2008 |
| About Mike Robinson / Contact Us / Home |
|
Wills/Estates Real Estate Mortgage Litigation DUI Collections Corporations Criminal Find Courts Traffic Ticket FAQ's General FAQ's Castle Rock, Colorado Municipal Code Douglas County, Colorado Ordinances The Declaration of Independence Bill of Rights United States Constitution Colorado Attorney Blog Save Your Assets Radio |
Some Reasons
for Making a Living Trust Colorado Bar Association helpful reading Colorado has adopted the Uniform Probate Code and frequently a revocable living trust is not necessary under our Colorado laws. However, there are some circumstances when it is a great tool. 1. Avoidance of Probate: You simply do not have to go through the probate process to dispose of property that is in the trust. 2. Creditors Rights: In most states, Living Trusts are not subject to the after death claims of creditors. 3. Surviving Spouse Elective Rights: In many states, a decedent can cut off elective rights by funding a living trust with their assets. 4. Challenges by Heirs or Trust Beneficiaries: It is far more difficult for heirs or beneficiaries to initiate and win a lawsuit against a living trust estate plan. 5. Tax I.D. Number: If either a trust maker or his or her spouse is trustee, there is no requirement to obtain a federal tax identification number or to file a fiduciary tax return. |
| Who are we at
Michael A. Robinson, P.C.? Our Douglas County, Colorado law office has had its doors open since 1989, with a general practice serving your needs in the following communities: Castle Rock, Castle Pines, Lone Tree, Littleton, Elizabeth, Highlands Ranch, Larkspur, Sedalia, and Louviers, Douglas County, Arapahoe County, Elbert County, El Paso County and Jefferson County. |
|
| Disclaimer A Mousebike Site | |