Colorado Singles Resource Guide - Fall 2007 - (Page 41) withdrawn after a specified period of time. It also permits designation of how long artificial nutrition is provided. One mention of the name Terri Schivo suggests the need for this document, and its companion the Medical Power of Attorney (individuals should also have General and Durable Power of Attorney for financial matters). Who should take care of assets for my children? This may be the most concerning issue for single individuals. The Court will ensure that appointments of Guardians are made on the best interests of the child, as well as rights of the other natural parent. But the Court will also consider your choices of who you believe should serve in this role. Depending upon the circumstances, you may even include specific comments on why certain persons would be well suited, or why other individuals may be poorly suited, for this responsibility. Can I make decisions about my last remains, or other final arrangements? Recently, Colorado adopted statutes that allow these instructions to be included in your estate plan. Often, this is accomplished through a Declaration as to Last Remains. In Anna Nicole Smith’s case, these instructions would have avoided litigation between various parties, including family, and significant others (and in some other cases even ex-family). Home Loans For Singles Financing to Fit Your Needs Registered/Bonded Mortgage Consultant • • • • • • Residential, construction, commercial Investment properties Home equity and second mortgages First-time home buyer programs No-income verification programs Bankruptcy and foreclosure programs Can’t I just use software or a book to help me prepare these documents? Internet and CD-based materials can offer basic estate planning documents. For some, these cookie-cutter options fit into their desires. When this is not the case, or when you need advice on matters discussed above, consulting with an attorney is a wise investment in preserving the assets and plans you have worked so hard to create. Remember that many issues and disputes can be minimized or even avoided through advanced planning. Take the opportunity to do this properly and help ensure an easier transition for friends and loved ones that you will leave behind. Preston J. Branaugh is an estate planning attorney in the Denver metro area, and is available to answer questions regarding your estate planning needs, and offer assistance in preparation of these and other related documents. This column is not legal advice nor does it create an attorney-client relationship with the reader. Due to limited space, complex legal concepts and rules may be stated in terms of general concepts. Based on 2007 Colorado and Federal law. Consult legal counsel before acting on any information contained in this column. Free Credit Analysis. Call Today. (303) 717-9535 Kathleen Horrigan 501 S. Cherry St., Ste.320 Denver, CO 80246 Kathleen@equitylendingllc.net w w w. s i n g l o c i t y. c o m 4 http://www.corporateofficeimages.com http://www.corporateofficeimages.com http://www.singlocity.com
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