Marc Carlson Lawyers, want to be a Justia Connect Pro too? Learn more ›

Estate Planning Lawyers Colorado, LLC helps you and your family avoid unnecessary expenses, anxiety, and legal problems when death or mental incapacity occurs. We educate and guide you to the best will or trust plan for you to protect your family, assets, money and dignity. This makes life easier for you and your loved ones by eliminating court action and reducing financial and emotional stress. Please call 303-775-1112 to schedule your initial virtual "Will and Trust Education and Analysis Consultation." You'll be glad you did! 303-775-1112; marc@estateplanninglawyerscolorado.com. 973 Melting Snow Way, Castle Rock, CO 80109.

Estate Planning

Health Care Directives, Trusts, Wills

• Zoom

• Rates, Retainers and Additional Information
  Competitive and Reasonable Fixed Fees for different plan types

Colorado

Since 1973

Attorney

Various Law Firms from 1973 to present

Current

Estate Planning Attorney

Estate Planning Lawyers Colorado, LLC

2013 - Current

Estate Planning Solutions and Results Tailored to Meet Your Needs

University of Colorado Law School

J.D. (1973) | Law

1970 - 1973

University of Kansas

B.S. (1968) | Education

1964 - 1968

Honors: Junior Men's Honor Society

Activities: Golf Team

Client Champion Platinum Award

Martindale-Hubbell

2022

Based on posted client reviews

AV Preeminent Peer Review Rating Award

Martindale-Hubbell

2022

Highest possible rating in both legal ability and ethical standards

Rating of 5 out of 5 (2014-2021)

Lawyers.com

2021

Douglas County Bar Association

2022 - Current

Colorado State Bar  # 4885

Member

1973 - Current

Colorado Bar Association  # 004885

2022

Activities: Member

WealthCounsel

2012 - 2022

Activities: Association of Estate Planning Attorneys

Blooper Episodes in Estate Planning and Elder Law, Lessons from Prime Time TV

Olive Grove Press - Contributing Author

2015

The Pros and Cons of Wills and Trusts, Carlson Law Office, LLC, Longmont, CO

September 10, 2017

Carlson Law Office, LLC

Q. A deed to a property goes into an irrevocable trust. Is the real estate taxable by the government?

March 30, 2023

A: My understanding is that an Irrevocable trust must distribute all income to beneficiaries each year, which makes the trust a pass-through entity. Those beneficiaries pay the taxes on income. However, capital gains are not considered income to irrevocable trusts. Instead, capital gains count as contributions to principle in the tax code. The "estate tax exemption" applies to all property. These are good questions for confirmation by your CPA.

Q. What does heirs and assigns mean in a transfer on death deed mean

March 29, 2023

A: “Heir”: An heir is someone who’s legally entitled to inherit your assets if you die intestate, meaning you pass away without a valid will or trust. Your heirs are people related to you by blood or marriage, like your spouse or children. If you die without an estate plan, your heirs will be determined by your state’s intestate succession laws. These laws lay out the order in which your heirs will receive your property. While it can vary by state, the order of succession is commonly, your: (1) spouse, (2) children (biological and adopted), (3) parents, (4) siblings, and (5) extended family, or “next of kin” (like nieces, nephews, grandparents, and cousins). Succession laws generally only include people legally or biologically related to you – no one else is considered a potential heir. This includes foster children or stepchildren. If you want these key people in your life to inherit part of your estate, you must have a plan and name them as “beneficiaries”. “Assign”: Assign is the act of transferring rights, property, or other benefits to another party (the assignee) from the party who holds such benefits under contract (the assignor). This concept is used in both contract and property law.