Living Trusts
A Smarter Way to Transfer Your Legacy
A Living Trust allows you to decide how your assets are managed during life, during incapacity, and after death. It keeps your financial affairs private, gives loved ones clear direction, and prevents court involvement.
At Front Range Estate Planning, we help Colorado families build living trusts that reflect their values, protect their loved ones, and stand strong as life evolves.
How a Living Trust Works
Grantor — the person who creates and funds the trust.
Trustee — the person or institution responsible for managing trust assets.
Beneficiaries — the individuals entitled to receive benefits from the trust.
With a living trust, the Grantor decides how the trust is managed by the Trustee, who benefits, how, and when distributions occur.
Individuals can also opt for a revocable living trust, wherein you can serve as both Grantor and Trustee. This allows you to maintain full control, access, and management of your assets during your lifetime while outlining exactly how they’ll be handled in the future.
What a Living Trust Can Do for You
Working with an experienced living trust attorney in Denver offers advantages that a simple will cannot provide.
Avoid Probate
Maintain Privacy
Plan for Incapacity
Protect Beneficiaries
Important Facts About Living Trust
A living trust can provide stability, flexibility, and long-term protection. Some key advantages include:
- You retain full authority and access to trust assets during life.
- Trusts are helpful for families who own property in multiple states.
- They support beneficiaries who may need financial guidance or oversight.
- A living trust can help prevent assets from being redirected after a surviving spouse remarries.
- Business owners can ensure seamless management if illness or incapacity occurs.
- Every family’s goals differ — the most effective trust depends on your values, needs, and long-term plans.
Common Mistakes to Avoid
Living trusts are powerful tools, but only when they’re properly drafted, funded, and maintained. Common pitfalls include:
- Assuming a revocable living trust protects assets from lawsuits, nursing homes, divorce, or creditors — it does not.
- Creating a trust but failing to “fund” it by properly transferring assets into it.
- Forgetting that beneficiary designations on IRAs, investment accounts, and insurance policies may override your trust instructions.
- Believing a living trust will automatically qualify someone for Medicaid — assets inside the trust are still counted as resources.
- Relying on generic, cookie-cutter trust documents that don’t account for real-life family complexities or Colorado law.
- Working with a lawyer who does not focus on estate planning results in gaps, exposure, and unintended outcomes.
Our Living Trust Planning Process
Initial Consultation
Trust Design
We build a trust tailored to your wishes, protections, and long-term planning needs.
Document Drafting & Review
Funding & Finalization
Client Testimonials
What an amazing heart! Kurt is responsive, resourceful, and trustworthy
Theresa C.
Kurt helped me and my wife with our estate planning. He helped educate us on the whole process, and took the careful time to answer all of our questions. It was important for us to work with someone who was knowledgeable and would get things done right, and Kurt definitely met all of these expectations. His rates are very competitive too – so would highly recommend Front Range!
Andrew N.
Front Range Estate Planning did a great job in helping me set up a will and other professional documents. This was something I had put off for a long time and Kurt Walberg made it easy and affordable. I highly recommend him!!!
Jill S.
Frequently Asked Questions About Living Trust
Is a living trust better than a will?
hey serve different purposes. A will directs assets after death, while a living trust manages and distributes assets during life, incapacity, and after death — without probate.
Does a living trust avoid probate in Colorado?
Do I lose control of my assets?
Do I still need a will if I have a living trust?
Is a living trust part of estate planning?
Absolutely. It’s one component of a comprehensive plan. Learn more about Estate Planning.
Make Tomorrow Easier for the People You Love
Let Front Range Estate Planning help you build a living trust that protects your family, preserves privacy, and supports your values.