For more information about the author, click to view their website: Chayet & Danzo, LLC
In 2025, everyone needs an estate plan, regardless of their
socio-economic circumstances. A simple
estate plan will typically contain at least three documents; a durable medical
power of attorney and a durable financial power of attorney. These documents
give the authority to a person of your choice, to speak on your behalf on your medical
and financial issues if you’re not able to make necessary decisions due to
health issues. The third document, a
will, is a way to pass your property upon death to whom you wish.
A trust might be an option in your estate planning instead of or in
addition to a will. Trusts are useful estate planning tools that can accomplish
a variety of goals. They can help avoid probate, minimize taxes, and be used to
give property to minor or disabled loved ones. Trusts can be created during a
person's lifetime (Living Trusts) or at the person's death (Testamentary
Trusts). Some different types of Trusts from both categories are:
Living Trust
A person can transfer their assets to a Living Trust and as a trustee
continue using their assets as needed during their lifetime.
Tax Planning Trusts
Several different types of Living Trusts provide flexible alternatives
for minimizing capital gains and estate taxes, including the Charitable
Remainder Trust, Irrevocable Life Insurance Trust, Qualified Personal Residence
Trust, Grantor Retained Annuity Trust, and Grantor Retained Unitrust.
Testamentary Trusts
A person can create a Trust under a Will, called a Testamentary Trust,
which does not take effect until they are deceased.
Disability Trusts (also known as
Special Needs Trusts)
A Disability Trust is a type of Living Trust that allows a disabled
person under the age of 65 to use his/her own assets, other than for food and
shelter, for their special needs and keep public benefits, such
as Medicaid and Supplemental Security Income (SSI).
3 reasons you may need a trust as part
of your estate plan
The types of assets you own is another important consideration. Three
typical reasons you might need a trust:
1.
A loved one cannot be trusted with a large financial gift or has special needs
If
you have concerns that a child does not have the financial skills to manage a financial gift, or the loved one
receives government benefits.
2.
You want to transfer complex assets in a thoughtful manner
Trusts can be
effective for keeping a vacation home or a closely held business in the family. For large charitable donations,
a trust allows you to leave a vision for how you would like the gift used.
3.
Limiting the potential for relationship-damaging fights is important
When you have worked
hard and been successful, a trust may be able to limit conflict, and the legal fees associated with
litigation.
Editor’s
Note: This article was submitted by Marco D. Chayet, Esq.
Marco is a partner in the
law firm Chayet & Danzo, LLC, and the Public Administrator for the 18th
Judicial District; he may be reached at 303-355-8500 or by email at
[email protected]
This is a
brief overview of the topic and should not be considered legal advice.
For years, home was a place that felt more like a memory than a reality for one senior who spent most of his time moving between hospitals and rehab centers. As someone relying on Health First Colorado, his healthcare journey was often exhausting and repetitive until he found a way to bridge the gap between needing help and wanting to stay in his own favorite chair.A Lifeline through Colorado Medicaid Remote Support ServicesEverything changed when he started a new routine that combined four hours of daily help from a caregiver with the around the clock security of Colorado Medicaid remote support services. While his caregiver focused on making sure his home was clean and his meals were delicious, the remote support team acted like a quiet guardian watching over him through the day and night. By using simple devices to check his blood pressure and oxygen levels, he was never truly alone, and his remote coordinators became familiar voices who checked in on him with a friendly call every single day.Technology that Catches the Small DetailsThe true value of this hybrid care became clear when his daily vitals showed a trend that no one would have noticed otherwise. His remote team saw his blood pressure was dropping to a level that made him feel lightheaded, and they immediately coordinated with his doctor to adjust his medication before he could have a dangerous fall. Even during a sudden bout with an infection, he was able to use his emergency button to keep everyone informed while he was being helped by paramedics, ensuring that his care team was right there with him every step of the way.Six Months of Staying Home After a lifetime of being told he needed to be in a facility, he has now spent six months thriving in his own home with only one very short hospital stay. This story proves that when we combine human heart with the power of technology, staying home is not just a dream but a reality that is accessible through programs like Colorado Medicaid.
Returning home from a hospital stay can challenge anyone, especially people with chronic conditions. For Colorado Medicaid members, Remote Support Services simplify this transition. Our program provides comprehensive support right in your home, ensuring a smooth and safe return to your daily life. We use technology to monitor your health, empowering you to take an active role in your wellness journey and prevent future complications.Our Post-Hospitalization ProcedureOur simple process focuses on your well-being: Initial Contact: A member or family member contacts our agency to discuss their needs. Service Determination: We assess the members condition and decide if our chronic disease management services are right for them. Coordination with County/Case Manager: We contact the members case manager or county to confirm their benefits are initiated or enrolled. This step ensures a seamless process and proper coverage under Health First Colorado, the states Medicaid program. Initiating Remote Monitoring: Once we have confirmation, we start the member on remote monitoring to ensure their safety and track their progress. This allows us to proactively address any potential issues. Continuation Discussion: After the initial three-month period, we discuss continuing services to ensure the member continues receiving the care they need to maintain their health. How We Monitor Your HealthOur remote monitoring program uses easy-to-use, at-home equipment to help you track your health vitals and communicate with your care team. The program combines devices and daily check-ins: Bluetooth-enabled blood pressure cuff: For those with hypertension or heart conditions, this device automatically sends your blood pressure readings to us, giving us a continuous picture of your cardiovascular health. Bluetooth-enabled weight scale: We use this to monitor for sudden weight changes. For conditions like heart failure, a significant, rapid weight increase can signal fluid retention and may need prompt attention. Pulse oximeter: This small device clips onto your finger to measure your blood oxygen saturation and heart rate. Its especially useful for managing conditions that affect breathing, such as COPD or asthma, and provides a quick look at how well oxygen gets to your body. Daily phone questionnaire: You will have a brief daily check-in with your remote care coordinator by phone. This allows you to report on how youre feeling, discuss symptoms, and ask questions. This personal touch ensures we can provide timely support and adjust your care plan as needed. This regular monitoring allows our team to identify changes and intervene early, preventing complications and giving you a sense of security at home.Benefits of Chronic Disease ManagementOur chronic disease management program offers significant benefits to Colorado Medicaid members: Improved Health Outcomes: With continuous, proactive management, members can better control their chronic conditions, reducing the risk of complications and future hospitalizations. Enhanced Access to Care: Using technology and telehealth services, our program helps overcome barriers to care, ensuring members have timely access to medical advice and support. This particularly benefits those in rural or underserved areas of Colorado. Better Care Coordination: Our team serves as a central point of contact, facilitating communication between all healthcare providers involved in a members care. This ensures a well-coordinated treatment plan and effective communication of any changes. Increased Patient Engagement: By regularly monitoring their vitals, members become more engaged and knowledgeable about their own health. This empowers them to make better lifestyle choices and stick to their treatment plan. ConclusionOur remote support program provides seamless, personalized care for Colorado Medicaid members after a hospital stay. This approach benefits both the individual, by empowering them to manage their health safely at home, and the healthcare system, by ensuring resources are used efficiently and effectively. If you or a loved one are a Colorado Medicaid member returning from the hospital, our remote supports program can be a critical step toward long-term wellness and independence.
When Denver families begin planning for the futurewhether theyre preparing documents for aging parents, navigating a sudden life transition, or simply wanting to ensure their assets are handled responsiblytrust management becomes more than a legal service. It becomes a relationship built on clarity, confidence, and compassion.In a growing city like Denver, where multigenerational households, blended families, and retirees all share the landscape, the need for thoughtful estate and trust guidance continues to rise. Stone Law, LLC, located in the heart of Denver, has become a steady and reliable resource for families who want to preserve harmony and protect their loved ones through every season of life.This article explores what makes trust management so essential, why Denver residents are turning to community-rooted firms like Stone Law, LLC, and how their approach blends professionalism with deep personal care.Why Trust Management Matters More Than Ever in DenverDenvers demographics have been shifting for years. With a growing population of retirees, tech-industry professionals, lifelong Coloradans, and newcomers arriving from across the country, estate planning is no longer one-size-fits-all. Many residents have questions such as: Who will manage my assets if I become unable to do so? How do I ensure my wishes are carried out carefully and correctly? How can I help my family avoid conflict or confusion during difficult times? Trust management provides the structure that keeps families protected and ensures transitions happen as smoothly as possible. When done well, it relieves stress and gives people peace of mind that someone they trust has their best interests at heart.In Denverwhere the cost of living continues to rise, property values are high, and family structures vary widelythoughtful, personalized legal support becomes essential to safeguarding the future.Stone Law, LLC: A Local Practice with Deep Colorado ValuesWhat sets Stone Law, LLC apart is not just their legal experience, but their reputation for treating each family as if they were their own. Trust management requires sensitivity, steadiness, and a clear understanding of both legal frameworks and human dynamics. The team at Stone Law brings all of this to the table.Denver residents often describe the firm as approachable and groundedqualities that can make all the difference when discussing topics that are deeply personal. Their office supports clients with: Trust administration and oversight Successor trustee guidance Asset distribution clarity Documentation support and legal compliance Communication and conflict-reduction among beneficiaries But beyond the legal services, what clients appreciate most is the calm, steady reassurance that comes with having a firm local to Denver, knowledgeable about Colorado law, and deeply familiar with the needs of Colorado families.A Supportive Approach That Puts Families FirstStone Laws philosophy revolves around communication and claritytwo components that are especially important in trust management, where misunderstandings can have lasting consequences.The team prides itself on breaking down legal jargon so families can make decisions with confidence. They take time during their consultations to understand family relationships, long-term goals, financial concerns, and personal wishes.Whether a family is navigating a newly established trust, managing responsibilities for an aging parent, or resolving questions during a major life change, Stone Law, LLC focuses on: Step-by-step education Compassionate listening Transparent processes Ongoing communication Customized guidance tailored to the familys unique dynamics This human-centered approach is one of the reasons local families consistently return to the firm or refer loved ones."Were Here to Simplify a Complicated Time": A Message from Angela StoneWhen asked about the heart behind their work, Angela Stone, office manager at Stone Law, LLC, shared a message that reflects the firms guiding philosophy: Families come to us during some of the most importantand sometimes emotionalmoments of their lives. Our goal is to simplify a complicated process and give them confidence that everything will be handled with care. Trust management isnt just paperwork. Its about honoring someones wishes and easing the burden on their loved ones. Her perspective aligns with the firms commitment to making trust administration as smooth and stress-free as possible, no matter the situation.Denver Context: Why Local Expertise MattersTrust laws can vary significantly from state to state, which makes local legal insight especially valuable. Colorado has unique tax considerations, timelines, and administrative requirements that families need to navigate correctly.Families in Denver often seek Stone Law, LLC because they are: Familiar with Colorados probate and trust regulations Experienced in navigating trusts that involve property across multiple counties, including Denver County, Arapahoe County, and Jefferson County Well-versed in family-owned business succession common in Colorado Comfortable working with families who own multiple properties, including cabins in the mountains or vacation homes Sensitive to Denvers cultural diversity and shifting demographics Denvers unique blend of outdoor enthusiasts, retirees, modern professionals, and long-established families means no two trust situations look the same. Having a locally grounded firm ensures guidance that fits the realities of livingand agingin Colorado.When to Seek Help with Trust ManagementMany families arent sure when to involve a trust management professional. Stone Law, LLC encourages clients to reach out when: A loved one becomes unable to manage their affairs A successor trustee is unsure of their duties Beneficiaries have questions or concerns A trust involves multiple properties or business assets A family wants to minimize conflict or confusion A major life eventsuch as a move, marriage, or passingrequires updates Getting support early helps avoid mistakes, delays, or emotional stress later on.What Denver Families Can Expect Working with Stone Law, LLCStone Law is known for creating a supportive environment where clients feel comfortable asking questions and expressing concerns. When working with their team, families typically experience:Clear CommunicationThey translate legal requirements into plain language so everyone understands their role.Guided Next StepsFamilies leave meetings knowing exactly what needs to happen and when.Proactive Problem-SolvingThe firm anticipates potential issues and addresses them before they escalate.Respect and CompassionThey recognize that trust management often intersects with grief, transition, or uncertainty.Long-Term Relationship SupportMany clients return for additional estate planning, updates, or future guidance.FAQs About Trust Management in Denver1. Do I need a lawyer to manage a trust in Colorado?While its not legally required, professional guidance helps ensure proper administration, legal compliance, and reduced risk of misunderstandings or disputes.2. What happens if Im named a trustee but dont know what to do?Stone Law, LLC provides step-by-step guidance so you can carry out your responsibilities confidently and correctly.3. Can trust management help prevent family conflict?Yes. Clear communication, structured processes, and legal oversight significantly reduce confusion and disagreements among beneficiaries.4. How is trust management different from probate?Trusts often allow families to avoid probate, but they still require organized administration, documentation, and proper distribution of assets.5. Does Stone Law work with families outside Denver?Although based in Denver, the firm assists clients throughout Colorado and supports families with multi-county or multi-property estates.Take the Next Step Toward Peace of MindTrust management does more than protect assetsit protects relationships, legacies, and the peace of mind that comes with knowing your wishes will be honored. To learn more or connect directly with Stone Law, LLC, visit their Seniors Blue Book listing
Chayet & Danzo LLC is a client focused elder law and estate planning practice serving families and individuals throughout the state of Colorado. At our firm, we have a dedicated team of highly skilled attorneys who will work hard to ensure that you receive the best legal services possible combined with professional courtesy. We specialize in the needs of seniors, disabled individuals and their families and offer products and services that go beyond the conventional legal offerings. From counselling and representation to planning and education, it is our goal to assist you through lifes critical stages.Elder law is at the core of what we do at Chayet & Danzo LLC. Elderly people and disabled individuals and their families often face many legal and financial issues that we can help clarify and solve. We assist seniors and their families with:Long Term Care: If you or a loved needs in home care, assisted living or skilled nursing facility we can help to put a plan in place for quality of life as well as preservation of assets.Medicaid Planning: It can be difficult to understand the rules of Medicaid eligibility and the services that are available. We work with you to identify potential strategies that will allow you to receive maximum Medicaid benefits while still preserving your financial independence.Guardianships and Conservatorships: When a loved one is mentally incompetent and cannot make decisions on his or her own, we assist families in seeking for guardianship or conservatorship to protect the interest of the patient.Special Needs Planning: We assist families in the creation of trusts and other legal vehicles in order to meet the needs of loved ones with disabilities without jeopardizing government benefits.Elder Abuse and Exploitation: Our attorneys defend vulnerable seniors and represent them in cases of elder abuse, neglect, or financial exploitation, to protect them and preserve their dignity.Through the legal and financial issues that come with aging or disability, we ensure that families have the information they need to make the right decisions for their loved ones and their resources.Chayet & Danzo LLC also provides individualized estate planning services in conjunction with our elder law expertise. We realize that estate planning is about more than preparing the documents; it is about guaranteeing a sound future for you and your family. Our estate planning services include:Wills and Trusts: We also ensure that your wills and trusts are properly worded and executed in a manner that is suitable for your case and will ensure that your wishes are met, as well as your properties go as you wish.Powers of Attorney: Our attorneys assist in the execution of durable power of attorney for financial and healthcare powers of attorney so that you dont have to worry about who will take care of your affairs in case you are incapacitated.Advance Directives and Living Wills: We help people prepare advance directives to document their treatment choices in the event that they are unable to make decisions for themselves.Probate and Estate Administration: It is never easy to lose a loved one. We offer comforting instructions on how to navigate through the probate and estate administration process and help families to conclude the processes quickly and properly.Asset Protection Strategies: We assist clients in protecting their assets from a variety of potential risks including lawsuits, long term care, estate taxes and more to ensure that wealth is passed down to future generations.We ensure that we understand your specific objectives and family situation before recommending any estate plans to you.At Chayet & Danzo LLC, we pride ourselves in offering our clients quality services. We know that every client is unique and needs individual attention and real solutions to his or her problems.Our team works hard to provide affordable legal services and at the same time, maintains high standards of professionalism and compassion.Elder law and estate planning can be confusing and expensive; it can also be emotionally difficult. That is why we pride ourselves in forming strong relationships with our clients and being their legal advisors throughout the process.Chayet & Danzo LLC is based in Denver, CO and serves clients statewide. No matter if you are in the middle of the city or in a rural area, our team is ready to provide legal assistance that is close and reliable.Our attorneys at Chayet & Danzo LLC have substantial experience in elder law and estate planning and are well-placed to protect the rights of seniors, disabled individuals and their families. We always proceed with caution when handling any case because we understand the emotional and personal issues that are often involved. We are a law firm that does not only provide legal documents but also provides information, information and legal representation to ensure that all your concerns are addressed. Furthermore, we are committed to offering legal services that are of high quality and yet reasonably priced. If you are interested in planning for your future and the future of your loved ones, then do not hesitate to contact us at 1-866-873-6596 or visit our website at coloradoelderlaw.com to schedule a consultation.We are here to provide the comfort of having expert elder law and estate planning services. At Chayet & Danzo LLC, your familys future is our familys future.
We are a client-focused elder law and estate planning firm serving all of Colorado. Our attorneys provide the highest quality legal services and professionalism, while representing our clients in a cost-effective manner. Meeting the needs of our elder law clients depends on moving beyond conventional legal work to offering practical assistance in planning, counseling, educating, and advocating for the senior or disabled client and their families. Call Toll Free 1-866-873-6596.
We are a client-focused elder law and estate planning firm serving all of Colorado. Our attorneys provide the highest quality legal services and professionalism, while representing our clients in a cost-effective manner. Meeting the needs of our elder law clients depends on moving beyond conventional legal work to offering practical assistance in planning, counseling, educating, and advocating for the senior or disabled client and their families. Call Toll Free 1-866-873-6596.