Preserving Your Wealth: A Guide to Colorado Probate & Estate Planning

Estate planning is not just for the rich; it is essential for everyone! Proper estate planning requires a clear understanding of the probate process and the procedures that are necessary to prepare your estate and financial affairs in accordance with Colorado and federal laws.

Preserving Your Wealth helps Colorado residents understand the purpose of probate and how estate planning can preserve the fruits of their labors for the benefit of their families and other loved ones. Readers will learn what probate is all about, when an estate will be valued, and a time schedule for estate administration. It covers everything from estate and inheritance taxes, making gifts to charities, types of wills, what your will should contain, how to pick the right personal representative, and what happens to your debts after you die.

L. William Schmidt Jr. practices estate planning and business planning law in Denver. He is a founder of the Rocky Mountain Estate Planning Council, has served on the Board of Directors of the Denver Planned Giving Roundtable, authored a number of estate planning publications, and is the author of the book How To Live-and-Die-With Colorado Probate (Gulf Publishing Company, 1985). He received his law degree from the University of Michigan Law School.