A handwritten will, known as a "holographic" will, is generally legal in Colorado -- as long as the document meets certain requirements. If you're curious about whether or not a handwritten will can hold up in court, here's what you need to know: 1. The "will" doesn't...
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Month: January 2019
The worst mistakes people make when making their wills
When you're contemplating end-of-life issues and your final wishes, it's important to watch out for some painfully common mistakes. Here are the worst estate planning mistakes we see: 1. Deciding to forgo the will You need a will. In fact, every adult needs a will....
What are the benefits of creating a trust?
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...
Conservators and guardians: What’s the difference?
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. This is where conservators and guardians come in. The Colorado probate...
Where do you keep your will after you write it?
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. In reality, that's not how it usually works....
Before you decide to contest a will, know what to expect
You may be heartbroken and infuriated by turns after learning the contents of a loved one's will -- but should you sue? While some of your friends and relatives may be urging you to take action, it's important to take a moment so that you fully understand how...
How pour-over wills work
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)? This is where a...