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Who Should Be My Trustee?

March 25, 2025 Posted In Probate, Estate, & Trust Administration,Trust Administration,Trusts

The answer to this question is important to consider, as your choice of trustees can have significant impacts in the future. For instance, while a good trustee can ensure that assets are distributed according to your wishes (i.e., the terms of the trust), an unethical or untrustworthy trustee may compromise the interests of your beneficiaries.…

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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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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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Pros & Cons of Living Trusts: What You Should Know?

August 27, 2015 Posted In Trust Administration,Trusts

Living trusts can be powerful estate planning tools that can offer a lot of benefits to trustmakers (or grantors), as well as their beneficiaries. However, living trusts are not for everyone. There may be some drawbacks to developing them in some cases. Below, we will explore the pros and cons of living trusts more closely.…

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What to Do after Someone Dies: 10 Steps to Take after a Death (Pt. 2)

February 15, 2015 Posted In Firm News,Probate, Estate, & Trust Administration,Trust Administration,Wills

Picking up from What to Do after Someone Dies: 10 Steps to Take after a Death (Pt. 1),  we will identify the next steps people should take after the most immediate things, such as funeral arrangements, have been completed. What to Do after Someone Dies: The Next Steps to Take Are In the weeks following…

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Six Tips for Personal Representatives Administering Estates (Pt. 3)

January 5, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration,Trust Administration

Ending our three-part blog series Six Tips for Personal Representatives Administering Estates, we will point out some final helpful tips for the people in charge of administering the estates of decedents. Additional Tips for Personal Representatives Administering Estates Tip 5 – Don’t forget about creditors and estate taxes. Of all of our tips for personal…

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Six Tips for Personal Representatives Administering Estates (Pt. 1)

December 26, 2014 Posted In Creditors and Probate,Probate, Estate, & Trust Administration,Trust Administration

When a loved one passes away, you may be put in the position of being a personal representative for that loved one’s estate. Also referred to as executors, personal representatives have a lot of responsibility when it comes to the administration of an estate, and understanding these responsibilities and obligations is crucial to: Properly and…

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Your Trustee Duties: Here Is What You Need to Know (Pt. 3)

December 5, 2014 Posted In Trust Administration,Trusts

Wrapping up our three-part blog series, Your Trustee Duties: Here’s What You Need to Know, below, we will point out some additional administrative obligations that comprise trustee duties. Your Trustee Duties: More Administrative Obligations Are you ready for some professional help with your trustee duties? If so, contact the Denver trust and estate planning lawyer…

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Your Trustee Duties: Here Is What You Need to Know (Pt. 1)

November 25, 2014 Posted In Breach of Fiduciary Duty,Trust Administration,Trust Disputes,Trusts

Being a trustee is a big responsibility that comes with both ethical and administrative obligations. Although you do not have to have an attorney inform you of these obligations or help you comply with them.  If you try to administer a trust on your own (especially when you may have some other significant obligations in…

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Setting up a Living Trust: Six Facts to Know (Pt. 3)

October 25, 2014 Posted In Estate Planning,Estate Taxes,Trust Administration,Trusts

Concluding our blog series Setting up a Living Trust: 6 Facts to Know, below we will point out some final important facts to be aware of if you are considering setting up a living trust. Setting Up a Living Trust: Some Final Facts to Consider… Fact 5 – While there are a number of advantages…

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Setting up a Living Trust: Six Facts to Know (Pt. 1)

October 15, 2014 Posted In Creditors and Probate,Estate Planning,Probate, Estate, & Trust Administration,Trust Administration,Trusts

When it comes time to plan for your family’s future, setting up a living trust can be an effective way to manage your assets while detailing the terms of how these assets will provide for your family after you pass away. In fact, living trusts can open up a large number of options for people…

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Eight Different Types of Trusts: An Overview (Pt. 3)

August 15, 2014 Posted In Probate, Estate, & Trust Administration,Trust Administration,Trusts

Here is the conclusion to our three-part blog 8 Different Types of Trusts: An Overview. Additional Types of Trusts that Can Benefit You & Your Family When you are ready to talk about estate planning, our Denver trusts lawyers can help you determine which types of trusts may be the best choices for you and…

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