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April 25, 2014 Posted In Estate Planning,Powers of Attorney,Wills
by Justin Blow
Colorado individuals may exercise more control over their assets and other arrangements when they take a proactive step by establishing an estate plan. This often consists of several documents that work together to provide greater control over the person’s estate, finances and health. Estate planning commonly starts with a last will and testament. This document…
read moreApril 10, 2014 Posted In Asset Protection,Trust Administration
by Justin Blow
As wealth increases for families in Colorado, caring for loved ones becomes an inevitable concern when it comes to passing on the family fortune. Trust administration is one way to ensure assets are left to beneficiaries in a productive and manageable way. The temptations of wealth have proven to get the best of most people…
read moreMarch 24, 2014 Posted In Estate Planning,Trusts,Wills
by Justin Blow
Residents of Colorado can arrange for the distribution of their assets after death by taking a few critical estate planning steps. Estate planning is the process of determining how each asset will be distributed after one’s death and to whom those assets will be distributed. Experts say the planning process is extremely important, especially if…
read moreMarch 13, 2014 Posted In Estate Planning,Trusts,Wills
by Justin Blow
Colorado residents who are contemplating an estate plan may be interested in an article on CNBC that examines some key points of the process. Addressing these issues may help ease any burden on the family after the passing of a loved one. Having a will can make the process of dealing with an estate much…
read moreFebruary 28, 2014 Posted In Creditors and Probate,Estate Planning,Powers of Attorney,Probate, Estate, & Trust Administration,Wills
by Justin Blow
When creating an estate plan in Colorado, creating a will is usually one of the first things to be done. It’s usually meant to preserve the peace of mind of family members and loved ones, but if not drawn up properly, it can become more hurtful than helpful. There are a few common mistakes that…
read moreFebruary 13, 2014 Posted In Creditors and Probate,Estate Planning,Probate, Estate, & Trust Administration,Trusts,Wills
by Justin Blow
Entertainment fans in Colorado were surprised when movie star Paul Walker was killed in a car accident on Nov. 30, 2013, at the age of 40. While he left a will that provides for his daughter, people can learn some important lessons regarding estate planning from his example. His assets of about $25 million were…
read moreJanuary 31, 2014 Posted In Estate Planning,Estate Taxes,Probate, Estate, & Trust Administration,Trusts,Wills
by Justin Blow
Many families in Colorado may not fall into the mega-rich category of the 1 percent. However, it is not just the ultra-wealthy who have estate planning tools at their disposal to protect their assets. In fact, wealth-protection professionals taking part in the 2014 Heckerling Institute on Estate Planning in Orlando focused on portability becoming a…
read moreJanuary 15, 2014 Posted In Elder Law
by Justin Blow
Many veterans are eligible for VA pensions to help pay for assisted living, nursing homes, and home care. There are different levels of pensions but Aid and Attendance and Housebound cover long-term care. However, many do not understand what is available and how to apply. The facility does not have to be a VA facility…
read moreJanuary 7, 2014 Posted In Estate Planning,Probate, Estate, & Trust Administration,Trust Administration,Trusts,Wills
by Justin Blow
If someone living in Colorado has a family member with special needs or a disability, they may want to leave assets for them that can help cover the cost of their care. It is actually a bad idea in some cases to leave these individuals money or property in a will, as it can put…
read moreJanuary 2, 2014 Posted In Estate Planning,Firm News
by Justin Blow
2014 is here and many people are setting their goals, resolutions and to do lists for the year. For some the standard things are topping their list: weight loss, better job, and more time with the family are a few of the ones we hear the most. Perhaps you should consider a goal that will…
read moreDecember 19, 2013 Posted In Asset Protection,Estate Planning,Wills
by Justin Blow
Wills are not the only estate planning documents used in Colorado that provide for a transfer of assets after the death of the owner. Many types of accounts include beneficiary designations that will govern the disposition of the property in those accounts, even where contrary provisions are made in the will. This would include bank…
read moreDecember 11, 2013 Posted In Estate Planning,Wills
by Justin Blow
Once a divorce is final, both parties are likely to want to move along and think about things other than the endless paperwork that was involved in the process. However, it is important to take the time to deal with estate planning concerns that may result from a newly single status. One of the first…
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