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Approaching Aging Parents About Financial Matters

August 28, 2013 Posted In Elder Law,Estate Planning,Guardianships & Conservatorships,Medical Directives,Powers of Attorney,Wills

Conversations about finances, especially between adults and their aging parents, can be challenging. Whether living in Colorado or elsewhere, it’s important to be in on the financial plan, especially when an elderly parent falls ill or starts losing their memory. It’s best not to let the illness strike before developing a living will and setting…

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Include Provisions for Aging in Estate Planning

August 23, 2013 Posted In Asset Protection,Estate Planning,Medical Directives,Powers of Attorney,Wills

People in Colorado who are engaged in their estate planning might want to include provisions denoting how they want their estates handled if they become unable to make financial decisions themselves in their living wills. Because more and more Americans are living longer, it is more important than ever now for people to plan for…

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Fastidiousness is Key To Writing a Will in Colorado

August 15, 2013 Posted In Creditors and Probate,Probate, Estate, & Trust Administration,Wills

Some Colorado residents may believe that writing a will is as simple as noting their wishes on a sheet of paper and signing their name, but wills are actually complex legal documents that require significant attention to detail. Once implemented, a will can guarantee that a testator’s children, debts, and possessions are taken care of…

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