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Estate planning is an important step to take as you get older. Once you reach the age of 18, you should put together a will and basic estate plan, even if you don’t have many assets. Why? Estate planning helps protect you in life and after death. No matter your age,...
Giving someone power of attorney is an important part of estate planning in Colorado. However, many people don't realize that there are actually four types of power of attorney. Knowing the differences between them is an important part of protecting yourself and your...
Setting up an estate plan in Colorado helps the decedent divide their assets according to their wishes. Many people think wills are the only way to handle assets, but it's also possible to include a trust in an estate plan. Trusts have many benefits that wills don't,...
One critical aspect of estate planning in Colorado is thoroughness. When a plan is incomplete, the components aren't likely to cover every important contingency. Writing a will ranks as one of the most important elements, but it may not be the essential document at a...
Losing a parent is difficult. Your mom or dad has been there for you your entire life, teaching you, guiding you and supporting you. Now they are gone, and you not only are grieving that loss, you are in charge of settling their estate as an executor. However, you’ve...
Just as your estate plan gives you power to control how your assets will be distributed after you are gone, so too can you use it to stay in charge of your medical care if you ever become incapacitated or incompetent. With people in Colorado Springs and El Paso County...
Estate planning is an essential part of everyone’s lives. Regardless of your age or assets, you should think about drafting an estate plan for the future. Without one, your loved ones can be left in limbo and your wishes may not be honored. But how do you get started?...
Estate planning can seem very complicated, especially if you have never gone through estate planning before. Educating yourself about how to prepare for tomorrow is a significant step in securing your future. One of the most common issues that people are not familiar...
Providing for your family isn’t an easy proposition, and it can be hard to predict every turn in the road. Seeing down the path to help a loved one with special needs can seem especially daunting, but there are ways to plan for all the curves. People with Down...
You have taken steps to protect your estate long after you're gone, or you are considering beginning the process of estate planning. No matter your situation, estate planning offers options for everybody. What about the intricacies of estate planning, like the taxes...
