A handwritten will, known as a "holographic" will, is generally legal in Colorado -- as long as the document meets certain requirements.
When you're contemplating end-of-life issues and your final wishes, it's important to watch out for some painfully common mistakes.
When people think of estate plans, they likely imagine writing a will. Though a will works well for some, it might not be the best estate planning document for everyone. Creating a trust provides benefits that a will does not, and it is often a wise choice for people with a large estate.
When people make out their wills, they often don't think about the possibility that an injury or illness will leave them incapacitated and unable to make their own financial or medical decisions.
If you watch a lot of television dramas, you might think that everyone who has a will has a lawyer looking after it -- or, at the very least, a wall safe where it can be kept away from prying eyes and meddlesome relatives.
You may be heartbroken and infuriated by turns after learning the contents of a loved one's will -- but should you sue?
Once you set up a revocable living trust to hold your assets, you don't necessarily stop acquiring new assets. What happens if you die before some of those new assets have been added to the trust (or otherwise been assigned designated beneficiaries)?