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Estate Planning & Probate Insights Blog | Colorado Estate Matters

Planning for Your Baby’s Future in Estate Planning

June 12, 2018 Posted In Asset Protection,Estate Planning,Powers of Attorney,Trusts,Wills

In all the chaos of buying new clothes, constantly changing diapers and seemingly sleepless nights for months on end, you may not be thinking of establishing an estate plan. As a new parent the last thing on your radar is probably creating a will or planning your estate. But, if you don’t already have an…

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Estate Planning Tools for Your Baby’s College

November 21, 2017 Posted In Estate Planning,Estate Taxes,Guardianships & Conservatorships,Powers of Attorney,Trusts

Remember when your baby was just an infant and you thought he/or she would break like dropped china or porcelain? And then you saw them run right into a glass door and bounce off like a rubber ball and bounce back for more. It was probably back then that you first gave some forethought into…

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Four Essential Documents to Prevent Estate Planning Errors

November 30, 2016 Posted In Estate Planning,Powers of Attorney,Wills

Four Essential Documents to Prevent Estate Planning Errors When you are ready to put an official estate plan in place to protect yourself and your family in the future, there can be a lot to consider, even if you don not have a sizable estate or a large family. To help you get started on…

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Six Hidden Costs of Administering a Will

August 28, 2016 Posted In Asset Protection,Creditors and Probate,Probate, Estate, & Trust Administration,Trust & Will Contests,Wills

Six Hidden Costs of Administering a Will When it is time to settle an estate and administer a will, there may be some obvious costs like court filing fees and estate taxes that will need to be covered as you proceed. Those may not be the only costs, as there are common other, less obvious…

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How Does Estate Planning Work?

August 9, 2016 Posted In Estate Planning,Powers of Attorney,Trusts,Wills

How does estate planning work? Estate planning is essentially the process of detailing your future wishes for yourself, your estate and your family. By taking the time now to put an effective, valid estate plan in place, you can be assured that you and your loved ones will be financially protected regardless of what tomorrow…

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When Should I Start Estate Planning?

July 24, 2016 Posted In Asset Protection,Estate Planning

Why it is important for all adults to start estate planning sooner, rather than later? The sooner you start the estate planning process, the better. This is because a comprehensive, current estate plan can go a long way to protecting you and your family, as well as preserving your legacy and estate. Clarifying this answer,…

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Trusts & Taxes: FAQs about Tax Obligations for Trusts & Trustees

July 15, 2016 Posted In Estate Taxes,Trust Administration,Trusts

Trusts & Taxes: FAQs Taxation for trusts can be complicated, as there are special rules in place for filing and paying for trust-related taxes (as opposed to personal or business taxes). Understanding the obligations and requirements for the taxes related to trusts is important to properly managing and administering trusts and to avoiding future complications,…

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Can I Include My Pet(s) in My Estate Plan?

July 6, 2016 Posted In Estate Planning,Trusts

Pets can be wonderful companions and may even be considered to be members of the family for some people. Although pets are technically considered to be ‘property’ in the realm of estate planning, there are a number of ways that you can protect and ensure future care of your pets in your estate plan. How…

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Colorado Probate 101: What are “Small” Estates?

April 30, 2016 Posted In Estate Planning,Probate, Estate, & Trust Administration,Trust Administration,Trusts

How Colorado laws define small estates? Small estates, according to Colorado law, are estates that are not exclusive to real estate assets and that are valued at less than $64,000. Contact us to get details on what can be included in the $64,000 worth of assets. When estates qualify as being “small” in the eyes…

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How Do Colorado Laws Limit My Choice for Executors?

April 18, 2016 Posted In Estate Planning,Firm News

How Does Colorado Laws Limit the Choice for Executors? Part of developing an estate plan will involve naming an executor (or personal representative) to administer the plans in the future. Understanding the specific requirements for executors, as set forth by Colorado laws, will be important to naming appropriate choices and to minimize your loved one’s…

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4 Essential Tips to Maintain, Organize, and Store Your Estate PlanEstate Planning 101: Four Tips for Maintaining, Organizing & Storing Your Estate Plan

April 6, 2016 Posted In Estate Planning

Four Tips for Maintaining, Organizing & Storing Your Estate Plan Having a comprehensive estate plan is important to protecting your family and legacy. Once you have developed an estate plan keeping certain documents and staying organized can be essential to preserving your wishes for the future and to preventing your loved ones from experiencing unnecessary…

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Essential Checklist for Estate Executors

March 21, 2016 Posted In Probate, Estate, & Trust Administration,Wills

Essential Checklist for Estate Executors The death of a loved one can be a great loss. For those who are named as executors of the estate however, the death can mean that it’s time to get to work carrying out the loved one’s final wishes and getting the estate settled. Because there can be a…

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