In Colorado and throughout the nation, those in their 50s feel younger and more vibrant than they did a few generations ago. According to Forbes Magazine, this false sense of security causes many in their 50s to make some financial decisions that could negatively impact them as they age. Forbes acknowledges that those in their…
While trusts are commonly regarded in Colorado and elsewhere as estate planning tools, they can also be useful as a way for people to protect their assets while they are still living. An asset protection trust, also known as a spendthrift trust, places assets into a living trust under which the trustor is also the…
