Colorado Springs Legal Blog

Elder abuse, neglect and medical powers of attorney

Do you have the medical power of attorney for your mother, father or another relative who is in a nursing home?

If so, there's a tremendous amount of responsibility lying on you. You could be the only person able to stop any abuse or neglect that's going on.

Legal woes surround serial killer's estate

Most people who die behind bars after decades of incarceration have little to bequeath anybody.

However, notoriety often brings financial benefits -- even to the infamous. Such is the case of the estate belonging to cult leader and serial killer Charles Manson.

A new tax law, a new estate plan

The Tax Cuts and Jobs Act of 2017 changes nearly every aspect of estate plans and wills. There are many new opportunities to pass on your business, property, and other assets to be sure that it stays in the family.

Because of these changes, it is wise to re-visit your estate plan. It’s important to be sure that your wishes are well preserved, particularly if you have significant assets to protect for generations to come.

Why does an 18-year-old need basic estate planning?

It doesn't matter how old you are or how little you have, an estate plan is one of those things that you really need to consider once you cross the threshold from childhood into adulthood.

Why? What's so important about having one?

How to provide for your loved one with special needs

Many of us have loved ones with special needs. Caring for a special needs family member is an important, life-long responsibility. Making sure they receive continued care once you’re gone is equally important. Today we will explore why setting up a special needs trust may be a good option for you.

A special needs trust can be set up as part of your estate plan. It works like a regular trust—in that a third-party trustee is responsible for managing the assets of the trust on behalf of a beneficiary. However, a special needs trust is carefully designed to meet the needs of a beneficiary with special needs.

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