Milford Law Firm

Welcome To Blackwell Law PLLC

Estate Planning with Love

Estate Planning

At Blackwell Law PLLC, we understand that planning for the future can be complex and overwhelming. Our comprehensive estate planning services ensure that your wishes are honored and your loved ones are protected with clarity and confidence.

Wills and Trusts

At Blackwell Law PLLC, we recognize the importance of securing your assets and ensuring your wishes are carried out. Our dedicated team provides personalized wills and trusts services to help you manage your estate effectively and provide for your loved ones.

Legacy Planning

At Blackwell Law PLLC, we believe that your legacy is more than just your assets; it's your values, stories, and traditions. Our legacy planning services are designed to help you create a meaningful and lasting legacy that reflects your life's journey and ensures your family is protected for generations to come.

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Empowering Families, Enriching Legacies:


At Blackwell Law PLLC, our mission is to provide compassionate, expert, and personalized estate planning services that bring clarity, confidence, and peace of mind to families. We are dedicated to helping our clients navigate the complexities of estate planning, ensuring that their wishes are honored, and their loved ones are protected.


We strive to create a trusted and approachable environment where families feel heard, understood, and empowered to make informed decisions about their futures. By doing so, we aim to foster a sense of unity, understanding, and harmony among our clients and their loved ones, even in the most challenging times.


Through our commitment to excellence, integrity, and empathy, we will continue to earn the trust of our clients and the respect of our community, solidifying our position as a leader in estate planning and family legacy preservation.

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Introducing

Blackwell Law PLLC


Welcome to Blackwell Law PLLC, where we empower families and enrich legacies through expert estate planning services. Based in Colorado, we proudly serve Northern Colorado, the Front Range, and most areas in Eastern and Western Colorado. Our mission is to provide compassionate, personalized estate planning that brings clarity, confidence, and peace of mind to families.


At Blackwell Law, we understand that planning for the future can be daunting. That's why we're committed to creating a trusted and approachable environment where you feel heard, understood, and empowered to make informed decisions. Our dedicated team focuses on building strong relationships, emphasizing education, and ensuring that your wishes are honored and your loved ones are protected.


Whether you're looking to create a will, establish a trust, or plan your legacy, we are here to guide you through the complexities of estate planning with integrity and empathy. Join us at Blackwell Law PLLC, and take the first step towards a secure and harmonious future for you and your family.

Meet Our Team
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Certifications

10 Jul, 2024
When estate planning attorneys ask for a full accounting of a client’s property ownership, it is not so we can see how much money the client has or that we are snooping. We need this information so we can review and consider each asset and determine the best way for it to be transferred at death. In many cases, and especially in a progressive nonprobate, transfer-at-death state such as Colorado, the majority of a person’s assets can be transferred outside of probate court. This is not only efficient and time-saving, but considerably reduces the cost of will administration. We can achieve this result by understanding the value and importance of beneficiary designations . Every custodial account holding our monies and other assets, like stocks and bonds, typically requires the owner to designate in writing who will inherit the asset upon their death. These are called beneficiary designations which allow us to fill out a form with the financial company holding the asset and name our choice of beneficiary or beneficiaries. Assets such as retirement accounts (401(k)s, IRAs, 403(b)s and similar accounts), life insurance proceeds and annuity accounts all pass to heirs by beneficiary designation. Additionally, many financial companies, like brokerage firms and banks, allow you to name beneficiaries on non-retirement accounts, which are known as transfer on death (TOD) or payable on death (POD) accounts. In a typical probate proceeding, the personal representative for the estate (the person to whom you have given administrative authority in your will) will strive to identify, inventory and collect all the decedent’s property, and this may require time and investigation. If property is illiquid (i.e. not cash), then the personal representative may need to work with experts and appraisers to put values to each item. Depending on the specifics of the probate case, there may also be a need to sell off some assets to cover the costs of administering the estate, repaying creditors, or covering estate taxes. And court approval is necessary for execution of each of these steps. So, you can see how bequests would not necessarily be paid to heirs immediately after the death of the decedent. It could possibly take months or longer to settle this estate and heirs would wait. But heirs named beneficiaries in the beneficiary designations for the decedent’s retirement account or were beneficiaries of brokerage and bank accounts would receive distributions directly from the custodians of the monies ~ without probate involvement. Transfer of monies through beneficiary designation avoids probate. Importantly, these designations can authorize direct payment of our largest assets, including bank accounts and retirement account. So, it is critically important to keep your beneficiary designations up to date and correctly naming those heirs of your choice. There are many life circumstances that might necessitate a change of a beneficiary designation: Divorce Remarriage Death of Spouse Death of a Beneficiary Change of mind Desire to gift to charity Birth of children Any estate planning that you undertake needs a thorough review of your beneficiary designations and your rights and those of your heirs regarding these forms. Let us know how we can help you plan your estate to transfer your treasures and property to your chosen heirs!
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