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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…
read moreAugust 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…
read moreJuly 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,…
read moreJuly 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,…
read moreJuly 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…
read moreApril 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…
read moreApril 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…
read moreApril 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…
read moreMarch 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…
read moreFebruary 29, 2016 Posted In Estate Planning,Powers of Attorney
Four Important estate planning tips for people under 35 Getting your finances in order can be essential to being prepared for life’s changes. While building savings and retirement accounts can be part of this process, so too is estate planning. For those who are under 35 and who may just be starting to focus on…
read moreFebruary 18, 2016 Posted In Estate Planning,Powers of Attorney
How to Start Estate Planning? Estate planning can be the key to preserving your legacy and protecting your loved ones in the future. Although there can be a lot to think about when it is time to put a formal estate plan in place, the following are the main considerations and steps to take when…
read moreFebruary 6, 2016 Posted In Estate Planning,Trusts
The risks of doing online DIY trusts could make it difficult once you pass if it is not done by an experienced attorney. If you want it done right, it should be done right the first time by an experienced lawyer. The internet puts a world of information and opportunities for action at our fingertips.…
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