Trusts

Nursing home care is very expensive. A semi-private room in a long-term care facility costs almost $95,000 per year, and a private room costs almost $110,000. This can drain a senior citizen’s life savings quickly even if they planned carefully for their retirement,...

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,...

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...

If you’re a parent or legal guardian of someone with special needs, you probably do your share of worrying. Aside from concerns about what might happen to them, there’s always what can happen to you and what could happen next.The Colorado and federal legal...

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, unlike...

Incorporating a trust into your estate plan is a great way for many Coloradoans to exercise more control, customization and protection over their assets. While many different types of trusts exist to accomplish distinct goals, one thing remains constant: the need for...

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...

If you are a parent of a special needs child, it is important that you have safeguards in place, so they are ensured the best care possible in the future. You will want to make sure that all expenses, unique needs and their education are accounted for. Here are the...

Developing a trust constitutes a responsible decision, and specific trusts exist to substantially benefit individuals with special needs across Colorado. You want to protect your special needs child by providing assets to them in the future, but you worry that your...

Even if you do not want to think about death, it is crucial to have proper estate planning to ensure that your property and assets will go to the right people after your passing. Any unprepared estate is subject to the probate process, in which the court monitors the...