In our latest YouTube video, Catherine Swan tells all about what happens when you choose not to make a will-based plan or a trust-based plan.
Believe it or not, you still have a plan, even when you don't make a will or a trust.
This is the government's plan for you. In Colorado, where we practice, the government will assemble a "committee of interested persons" to make healthcare decisions for a person who becomes incapacitated due to injury. This takes time and energy to find the "right" people for the committee, and they might not be the people you wanted in the first place.
Catherine also reviews the probate process in Colorado. While sometimes probate can be shorter, in our experience probate generally lasts two to four years. This is a long time for your assets to be frozen, especially if you have dependents who counted on your income for their daily living expenses.
Probate--and not having a plan in general--can take a lot of time and money. It can cause stress for your loved ones.
If you don't even have a "pla," it's time to take control and make it happen. If you are ready to make a plan, book your appointment online today.