On behalf of Schroer & Williams Law Offices, PLLC | Jun 13, 2019 | Estate Planning, Firm News
An estate plan is a set of testamentary documents that provides instructions to survivors about how the decedent wished to distribute the property and assets in their estate. Colorado residents of all backgrounds and walks of life should have estate plans to ensure...
On behalf of Schroer & Williams Law Offices, PLLC | May 23, 2019 | Estate Planning, Firm News
Many people in Colorado include a revocable trust in their estate plan. Revocable trusts can be useful in estate planning, since they provide a means for preserving a person’s assets to hand down to trust beneficiaries upon the grantor’s death. Moreover,...
On behalf of Schroer & Williams Law Offices, PLLC | May 2, 2019 | Estate Planning, Firm News
Starting a new job in Colorado can be exciting, but one part of a new job is filling out a lot of paperwork, such as tax forms and corporate policies. And, you may have signed up for the benefit packages that came with your job, such as life insurance, retirement...
On behalf of Schroer & Williams Law Offices, PLLC | Apr 19, 2019 | Estate Planning, Firm News
When a person in Colorado Springs starts developing an estate plan, they may initially think of what assets they want to pass down to their spouse, children and other loved ones. However, they may not initially think of what will happen to their pets if they pass away...
On behalf of Schroer & Williams Law Offices, PLLC | Mar 28, 2019 | Estate Planning, Firm News
Transfer on death (TOD) accounts go by many names. Sometimes they are referred to as Totten trusts or as payable-on-death accounts. What a TOD does, though, is provide a means for a person in Colorado to pass on assets to their spouse or another loved one in a manner...
On behalf of Schroer & Williams Law Offices, PLLC | Mar 21, 2019 | Estate Planning, Firm News
Actor, Luke Perry, made famous by his work on the 1990s teen television drama, “Beverly Hills 90210,” tragically passed away from a stroke earlier this month. He was only 52 at the time of his death. He leaves behind a fiancé, two adult children,...
On behalf of Schroer & Williams Law Offices, PLLC | Feb 28, 2019 | Estate Planning, Firm News
It is not unusual for a married couple in Colorado to have children, and then later divorce. Sometimes, one or both parents will remarry, creating a blended family. While it is generally good for people to end a marriage that is simply not working out, and for these...
On behalf of Schroer & Williams Law Offices, PLLC | Feb 21, 2019 | Estate Planning, Firm News
If one has a child, it is often the case that they want their child to inherit their assets when one passes away. Therefore, those with children may execute a will or trust to ensure this happens. However, estate planning is important for anyone, including those who...
On behalf of Schroer & Williams Law Offices, PLLC | Jan 31, 2019 | Estate Planning, Firm News
A resident who is executing an estate plan may want to consider including a trust in their estate plan. Trusts can be useful vehicles for passing assets on to a beneficiary. Two basic types of trusts are living trusts and testamentary trusts.A living trust is...
On behalf of Schroer & Williams Law Offices, PLLC | Jan 17, 2019 | Estate Planning, Firm News
While many people in Colorado may have a vague idea that they’ll receive an inheritance from their parents, they may stay more or less in the dark until their parents have passed, and their will is read. However, it is entirely possible to sit down and have a...
