Elder law is all about protection against financial exploitation. Everything I do, from estate planning to guardianships and conservatorships, helps protect a family’s legacy. People think they just need a will to take care of their assets after death, but that is just one part of a larger plan that can be critical in safeguarding a legacy both before and after death.
I want to show how the different tools that I have at my disposal work together to help prevent and mitigate exploitation of any kind, at any point, particularly financial exploitation.
Estate plans
Everyone needs an estate plan. I always say that it is the final gift that you give to the people you love. It means that when you die, they can grieve, free of the burden of administration. Moreover, in creating an estate plan, we learn about who owns what. In this way, can then try to secure the smooth transition of assets to the right people. This reduces the opportunity for financial exploitation down the line.
Estate probate & litigation
Usually in Colorado, one’s estate is probated after death and it’s not something to be afraid of. It is fairly inexpensive and allows for the smooth transition of the ownership of assets. However, sometimes in the administration of probate, or before, it comes to light that someone, usually within the family, but not always, has taken ownership of assets that aren’t theirs, or wants to. This is then something that needs to be fought against and I advocate on behalf of my clients to ensure that everyone gets what is rightfully theirs.
Guardianships & conservatorships
Guardianships and conservatorships are vital tools in protecting the vulnerable. Safeguarding assets against predators is not a simple matter, especially when they are family members. At times, a guardianship or conservatorship may be in order. This could help a vulnerable person in a myriad of ways. This could consist of court oversight or could be a third party who looks after finances or healthcare matters.
We can help you protect your and your family’s legacy from financial exploitation – give us a call today to discuss – (720) 457-4573.
Learn more about what financial exploitation is, how to spot it, and what to do it.
