After an exhilarating day of skiing in the Rockies, Peter and his wife, Sarah, sat in front of the fireplace, feeling accomplished and exhausted. Life in Colorado had always been about the next adventure—whether hiking, biking, or skiing—but that night, a conversation changed everything.
“Do you ever think about what would happen if something went wrong?” Sarah asked, breaking the peaceful silence. Peter glanced over, surprised. They had never talked about estate planning. Like many Colorado families, they were focused on living in the moment—enjoying the great outdoors and staying active.
But Sarah’s question hit home. “I think we should probably have a plan,” Peter admitted. “Just in case.”
That’s when they reached out to Skipton Law.
When they sat down with Skipton Reynolds, they realized that estate planning didn’t have to be overwhelming. It was simply about making sure their family was protected, no matter what life threw their way.
Skipton walked them through the essentials:
Wills: Skipton explained that a will would ensure their assets—like their mountain cabin and investments—would be passed down according to their wishes. For Sarah and Peter, this meant designating their children as beneficiaries and appointing a trusted guardian.
Trusts: By setting up a trust, Peter and Sarah could protect their assets from unnecessary taxes and make sure their estate avoided the lengthy probate process. This way, their children could inherit with ease.
Powers of Attorney: Skipton recommended they designate powers of attorney for financial and healthcare decisions. This would give someone they trusted the authority to make decisions on their behalf if they were ever incapacitated.
Advance Directives: An advance directive would ensure that their healthcare preferences were honored if they were unable to communicate them themselves.
After their meeting, Peter and Sarah felt a sense of relief. They could continue living their adventurous lives, knowing their family was protected.
If you’re like Peter and Sarah, enjoying life to the fullest in Colorado, now is the perfect time to secure your future. Register for a workshop here or contact us for a consultation to learn more about how estate planning can give you peace of mind.