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...
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Estate Planning
How can estate planning protect your child’s special needs?
Colorado parents who have children with special needs may relish the idea of their children having a much longer life expectancy in many cases than decades ago. This likely means that you, as the parent, will pass on before your child, and while you may feel that is...
What happens if a beneficiary steals from an estate?
While most executors hope that closing an estate will go smoothly, that is not always what happens. In some situations, a misunderstanding or selfish intent from someone else involved could cause serious issues that need legal attention. If this happens, the executor...
Is having a will the same as having an estate plan?
Colorado residents who like to plan ahead may have already considered creating a will or perhaps already have one in place. If you are thinking about creating a will of your own, you may understandably have many questions. It is not easy to know what you should...
Details of military life may affect estate planning
You may be one of the many Colorado residents who proudly serve in the United States military. Whether you knew from a young age that you wanted to join the armed forces or whether it was an ambition that grew out of necessity, you have gained experience, knowledge...
Have you taken the time to appoint beneficiaries?
When creating an estate plan, you and many other Colorado residents have many factors regarding your finances and assets to consider. While you could address certain pieces of property in your will as far as whom you want to receive each item, you could also assign...
Was your parent recently diagnosed with Alzheimer’s?
As people age, problems can arise that put them in difficult situations. You may have noticed that your parent no longer seems to be able to handle his or her affairs alone as well anymore, and you may even have suspected memory issues. While some cognitive problems...
Has the time come to encourage your parents to talk about an estate plan?
As you grew into adulthood, you may have started thinking about having to take care of your parents as they got older. You may have accepted this possibility and felt willing to provide that care when the time came. Of course, you did not want to overstep your...
What can a trust do that a will cannot?
Wills and trusts are components of many estate plans, and each have advantages. For example, a will covers all of the property that is only in your name at your death. A will also allows you to name a guardian for your children and detail your wishes for your funeral....
Taking care of your family later means making a plan now
Estate planning may not be at the top of your list. It’s easier to push those thoughts off until later down the line, but having a plan in place now can make all the difference to your family when they need the answers you can no longer give. The sooner you get...