Grand Junction Estate Planning Attorney
Wills, Trusts, Probate and Estate Planning
Our firm provides high quality, personal legal services to our clients in Grand Junction and throughout Western Colorado, and can assist with all types of Estate Planning matters, including preparation of Trusts and Wills, Trust Litigation, Probate Administration, Trust Administration, Litigation involving a Breach of Fiduciary Duty, Distribution of Assets, Formal Probate, Informal Probate, Ancillary Probate, and Probate Litigation.
Changes in your circumstances may dictate the need for more complex Estate Planning or you may require assistance with something as simple as a change of beneficiary. We can assist you in all matters related to estate taxes, tax planning, drafting a Last Will & Testament, Gifting Plans, Codicils, creating a Family Limited Partnership, Charitable Remainder Trust, or Irrevocable Trusts.
We have extensive legal knowledge regarding Asset Protection Plans, drafting a Special Needs Trust, assisting with matters related to probate avoidance, the benefits of probate, and drafting Prenuptial, Postnuptial and Co-Habitation Agreements. We focus on protecting your interests and creating a plan that reflects your wishes while facilitating the distribution of assets to your chosen heirs.
Business Succession Planning and Other Business Matters
Most family business owners, especially farmers and ranchers, want an estate plan that will keep the business they have nurtured for years within the family. To achieve this goal it is essential to develop a Business Succession Plan that will establish an orderly transfer of leadership to the next generation upon the owner's retirement or death. A well developed plan also will specify how other family members will participate in the business. Equally important to the process is the development of a plan that will eliminate the federal estate tax. Otherwise, though uncommon, the owner's children may be forced to sell all or a part of the business to pay the federal estate tax which is due nine (9) months after the owner's death. And finally, any Business Succession Plan must be carefully coordinated with the owner's estate plan in order to achieve the optimal result.
These are complicated issues that require a skilled and experienced attorney who has the expertise to guide the business owner through a maze of issues and problems. If you are starting a small business, we can assist you in selecting the best Business Entity (Corporation, Partnership or Limited Liability Company) and we can prepare a Buy-Sell Agreement that addresses issues such as the death of a family member or what happens if a family member wants to sell his interest.
At the Law Offices of James A. Littlepage, we have the experience and commitment to clients that is reflected in the large number of personal referrals the firm receives every year. Awarded the Five Star Wealth Manager℠ Award in 2010, 2011, 2012, 2013, and 2014, and the Five Star Estate Planning Attorney℠ award in 2015 and 2016, Jim and his staff are well-qualified to assist you with all estate management and business succession issues. We look forward to providing the same service to you.
For assistance, please contact our Grand Junction office for a free 30 minute consultation for estate planning and probate. Consultations are also available in Montrose, Delta, Cortez, Gunnison, Glenwood Springs and Edwards.
Contact the Grand Junction Estate Planning Attorney at the firm to discuss your needs.