Are you someone who feels intimidated by the large words used by law firms?We are here to give you a foot up in the attorney’s world of estate planning. Here at Ambler Keenan Mitchell Johnson in Denver, Colorado there are many estate planning phrases that are often used. If, at the end of this series, you still have questions about terminology related to estate planning, probate, or trust administration, please call Ambler Keenan Mitchell Johnson for a consultation on your specific needs.5 Popular Estate Planning TermsProbate is used to validate a will, distinguish the property of the deceased and create an inventory of this property, pay estate taxes and debtors, and make sure the remaining property is distributed in accordance with either the deceased person’s wishes as described in their will or according to the law. In some instances, due to the amount of assets owned by the deceased or to proper estate planning, probate can be avoided altogether.Probate can be daunting, especially during a difficult time in your life. That is why it is so important that you meet with an experienced probate attorney who can lead you through this process and ensure that you are taking the correct legal action. The knowledgeable attorneys at Ambler Keenan Mitchell Johnson in Denver, Colorado offer a free, thirty minute initial probate consultation. At this meeting, they will discuss your needs, options, and pricing for assistance in going through probate.
Call 303-407-1542 to schedule your free probate consultation now!Look for our next post explaining what Trust Administration is and how it fits in with estate planning