When you are creating an estate plan, you are doing so with the intent of planning what you want to happen with your assets and property after you pass. You can also make choices that will allow you to control your health care in the event that you are incapacitated....
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Colorado Springs Legal Blog
Breaches of fiduciary duty in estate planning
A breach of fiduciary duty in the context of estate planning is a serious matter that can have significant consequences for all parties involved. Estate planning involves the creation of legal documents to manage and distribute a person's assets after their death....
Effective estate planning for large estates
The process of planning for the future is specific to the individual person, the size of his or her estate and other details. Regardless of the wealth of the individual, estate planning is still an important process for Colorado adults of all ages and income levels....
Powers of attorney and your estate planning efforts
As you consider what documents and details should be in your future legal and financial plans, you will be wise to think beyond what happens to your personal property. While the distribution of your assets is a critical aspect of your estate planning efforts, there...
Resolving disputes over the care of a loved one
It can be emotionally complex for family members to care for and support a loved one as they age or become incapacitated. Elderly and special needs individuals often have extensive medical requirements, and they may not be able to care for themselves. This often...
Estate planning consideration for military servicemembers
Serving your country is a career choice that may come with some risk to your personal safety, and your military service will impact virtually every area of your life. With these things in mind, you may consider the steps you can take to ensure that your legal and...
Know the difference between revocable and irrevocable trusts
Planning for the future means taking a careful assessment of your needs and objectives, then creating plans that will help you meet your goals. Estate planning requires you to evaluate what is important for you and what you want to happen to your assets and property...
Estate planning for Colorado adults in their 40s
Planning for the future can be a daunting process, which is why many Colorado adults avoid it altogether. Others avoid the estate planning process because they assume that it is not necessary for their stage of life, income level or size of their estate. In reality,...
Financial power of attorney is a smart addition to an estate plan
While the future is unpredictable, there are certain steps one can take that will allow him or her to have a measure of control over certain matters long-term. Through estate planning, you can decide what will happen to your money, property and much more after your...
A trust can protect your special needs child
Planning for the future is complex, especially when it comes to deciding what happens to your property and assets after you pass away. One of the main things you may want to do is provide for your loved ones by bequeathing your wealth and assets to them. If you are...