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May 4, 2013 Posted In Estate Planning,Estate Taxes,Wills
By drafting a common document, namely an estate plan, families in Colorado can prevent major headaches when a loved one dies. A recent New York Times article discusses the fact that most families fall well below the financial threshold for paying an estate tax. Even for families that may not be considered wealthy, the article…
read moreApril 19, 2013 Posted In Estate Planning,Powers of Attorney,Trusts,Wills
Colorado residents expecting to retire in the next year should start planning for it. Retirement is something many individuals spend much of their lives looking forward to, but for people to be able to enjoy it, they should prepare accordingly. To ensure that retirement is relatively free of stress and that one’s future is taken…
read moreApril 5, 2013 Posted In Estate Planning
Many who live in Colorado feel that they do not need to worry about having a will. Most think they do not have enough money or are too young to need to think about estate planning. However, estate planning is essential, and people who already have documents in place should also be sure to review…
read moreMarch 21, 2013 Posted In Estate Planning,Estate Taxes,Firm News
Although Congress recently made a very favorable estate and gift tax exemption “permanent,” it is hard to say with certainty what changes will come into effect for residents of Colorado and other states as a result of the recent government sequestration. Under sequestration, there is a possibility that many of the following estate planning techniques…
read moreFebruary 27, 2013 Posted In Estate Planning
There are many reasons why Coloradoans fail to adequately plan for the end of their lives, chief among them being the topic of death. If you’re skittish when it comes to talking about what will happen when you die, chances are good that you don’t have an estate plan in place. Or perhaps you have…
read moreFebruary 14, 2013 Posted In Estate Planning,Firm News,Probate, Estate, & Trust Administration,Trust Administration
Doris Duke was a wealthy philanthropist who died leaving a fortune worth around $1 billion. Her heirs are teenage twins, a 15-year-old boy and girl, each of which stands to inherit $500 million. The money was left in a trust, however, and the trustees are evidently so hesitant to administer funds from the account that…
read moreJanuary 30, 2013 Posted In Asset Protection,Estate Planning,Trusts,Wills
Colorado residents who make the wise decision to map out an estate plan are likely to find themselves juggling both paperwork and digital files. It is likely that the older people are, the more paper records of accounts they’ll have. Younger estate planners, meanwhile, may be wondering how to organize their computer files so that…
read moreJanuary 15, 2013 Posted In Creditors and Probate,Estate Planning,Firm News,Probate, Estate, & Trust Administration
It reads like the script of a crime drama or even a soap opera: A man wins a fortune in the lottery, only to be poisoned shortly thereafter. Soon the victim’s family members begin pointing fingers, accusing each other of ulterior motives while the coroner tries to have the victim’s body exhumed. If he can…
read moreDecember 21, 2012 Posted In Estate Planning
The world is not coming to an end today so it is time to make some plans for 2013. Top of my list, getting my Estate Planning done. Well not really but this is the year I am going to get around to it. Every day you see reasons to do Estate Planning. Drunk driver…
read moreDecember 12, 2012 Posted In Asset Protection,Estate Planning,Firm News,Trusts
There are many reasons Colorado residents continually put off making plans for their estate. Some, of course, have a hard time believing they will need those plans in place anytime soon. But even those who realize the importance of estate planning may feel bogged down by the number of details involved. That can be enough…
read moreDecember 5, 2012 Posted In Asset Protection,Breach of Fiduciary Duty,Estate Planning,Firm News,Probate, Estate, & Trust Administration,Trust & Will Contests
If you are from a close-knit family, you may not be able to imagine what it is like to be embroiled in a feud that pits you and your siblings against each other. But when it comes to handling the family estate, personal and financial issues can tear apart families with astonishing force. In Aurora,…
read moreNovember 14, 2012 Posted In Creditors and Probate,Estate Planning,Firm News,Probate, Estate, & Trust Administration,Trust Administration,Wills
A recent poll of randomly selected households across Colorado found that the majority of the state’s residents support some form of legal recognition of same-sex relationships, either through marriage or civil unions. Residents over 65 were less likely than younger Coloradans to support gay marriage, but almost half support civil unions. Voters under 34 were…
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