Planning for Young Families

You don’t have to be “old” to need a plan for what happens when you die. Life and death both happen in unexpected ways, at unexpected times.

Imagine an accident on the way home from date night, the police knock at your door and ask the babysitter who your children will be staying with while things are sorted out. She doesn’t know, and the kids end up in the custody of the state for the next few days. Your kids just can’t understand why mommy and daddy aren’t there, and why can’t they be with grandma? Sadly, that can be just the beginning of the troubles you could leave for your children if you don’t have a plan.

If you have minor children, there are several issues you’ll need to plan for:

Emergencies

In the event of an emergency, will your children go into protective custody with the state? If you get into an accident and don’t have a plan in place, your children could end up in foster care while the government sorts out what to do.

Guardianship

If something should happen to you (and your spouse, if you’re married), who would you want to raise your children? This can be one of the most difficult decisions for parents, but remember it’s much easier for you to choose someone than a court who knows nothing about your family and friends.

Money Management

If you die while your children are still minors, any money they are to receive would be put into a court-established conservatorship, where the court decides who will manage the money for your children and how it will be both invested and spent. Then, on your child’s 21st birthday (in Colorado), they receive the ultimate gift … the rest of their inheritance, to spend however they wish! Most parents prefer to have their children gain control once they’ve gained a little more maturity, so the money can be spent on things that matter.

To ensure your children are taken care of the way you want if the unthinkable were to happen, register for one of our upcoming Workshops to get all the details (we offer both general estate planning workshops and some specifically for young families), or schedule a Personal Consultation today!

For more information

Not sure whether a Will or Trust is right for the foundation of your estate plan?

Call our office at (719) 520-1474

or use the button below to schedule a Personal Consultation

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Our Practice Areas in Colorado Springs and Denver

At Hammond Law Group, we focus on helping Colorado families build strong, forward-looking estate plans that protect assets and preserve family harmony.

Estate Planning

Wills

Trusts

Probate

Elder Law

Special Needs Planning

Guardianship and Conservatorship

Legacy Protection Plan

Elder Care Coordination

Real Clients, Real Reviews

Getting Started Has Never Been Easier — Attend Workshop or Webinar | Colorado | Call 719-520-1474

Getting Started Has Never Been Easier — Attend a Workshop or Webinar

At Hammond Law Group, we believe that the foundation of good estate planning lies in knowledge and understanding. Our approach starts with education. Join our highly informative workshop on wills, trusts, estate planning, and more, where we provide you with comprehensive information to get you started in designing your personalized plan.

By attending our workshop or webinar, you not only … exclusive offer of a complimentary consultation with an experienced attorney
(a $500-750 value).

Our workshops fill up quickly so reserve your seat today.

Attend a Public Workshop

Your Experienced Estate Planning & Elder Law Advisors

We have a team-centered approach. While each client’s family works with one attorney, our attorneys regularly discuss the design of our plans with each other in order to ensure we’re doing everything possible to help you meet your goals.

In addition, each client works primarily with one paralegal, who gets to know you and your estate plan intimately through the design and
implementation process. The biggest complaint people have about
lawyers is lack of communication, and by working as a team we have
virtually eliminated this complaint for our clients.

Learn more about our family and then let us learn more about yours.

Your Experienced Estate Planning & Elder Law Advisors | Colorado | Call 719-520-1474

Meet Hammond Law Group Team

At Hammond Law Group, our estate planning attorneys work together to create meaningful, lasting estate plans for Colorado families. Each member of our team shares a commitment to personal connection, clear communication, and compassionate service.