Estate Planning
Get Your Estate in Order Today
Estate planning isn’t just the responsible thing for you to do as you approach your retirement years. It’s also one of the most effective ways to make sure your loved ones are entitled to your assets after you die. An estate plan dictates how and where you want your assets distributed. It also specifies who will handle your affairs when you are no longer able to handle them yourself.
Why Estate Planning Is Important for people in Grand Junction Colorado
It’s very important to have a legal plan for your estate because failure to do so could result in a lengthy and expensive probate process. Probate happens when there is no estate plan in place and the state has to figure out where your assets should go
When we help you get your estate plan in order, we often include the following documents:
- Living will
- Will
- Durable power of attorney
- Irrevocable life insurance trusts
- Living or revocable trust
- Health care proxy trust
- Personal property memorandum
You may not require help with all of the above documents, and that’s OK. We’ll sit down with you and work in conjunction with your estate attorney to determine what documents you need help with so you can have confidence that your estate plan is in order before you move on to your next adventure.
Grabow & Associates and LPL Financial do not provide legal advice or tax services. Please consult your legal advisor or tax advisor regarding your specific situation.
Contact Us
LPL Financial – Dallas Grabow would love to help you with your estate planning needs. Contact us today so you can have peace of mind that your estate will be handled properly after you’re gone.
Frequently Asked Questions
Estate planning helps ensure that your assets, wishes, and legacy are protected and carried out the way you intend. It provides clarity for your family, minimizes potential conflicts, and helps reduce the financial and emotional burden during difficult times.
An estate plan often includes a will, powers of attorney, healthcare directives, beneficiary designations, and—when appropriate—trusts. It may also involve strategies for tax efficiency, charitable giving, and passing assets to the next generation.
We help you clarify your goals, review your current documents and beneficiary designations, identify gaps, and coordinate with your attorney to ensure your estate plan supports your financial and legacy objectives. Our role is to align your financial plan with the legal framework your attorney creates.
We do not draft legal documents, but we regularly collaborate with estate attorneys. We help you prepare for those conversations, review strategies, and make sure your financial accounts, titling, and beneficiaries match your legal plan.
Estate plans should be reviewed every few years or whenever major life changes occur—such as marriage, divorce, the birth of a child, a move to a new state, the purchase of a home, or significant changes in assets or health.
A will outlines how your assets should be distributed after your passing and may require probate. A trust can provide more control, privacy, and efficiency by allowing certain assets to bypass probate. The right choice depends on your goals and estate complexity.
Yes. Beneficiary designations on retirement accounts, life insurance, and similar assets override what’s written in your will or trust. Keeping them updated is essential to ensuring your assets go to the right people.