The death of a loved one can turn your world upside down. While grief can be overwhelming, if one person is ready to take action to prepare the estate for settlement, the following process of transferring the estate to the heirs can be resolved more efficiently. What to Do Following a Death? Take care of…
A Denver estate planning lawyer discusses how portability for federal estate taxes can help reduce tax obligations. Since 2011 in the U.S., married couples have been able to take advantage of portability for federal estate tax purposes, allowing them to share certain unused exemptions and save on their overall estate tax obligations. Although portability is…
A Denver estate planning attorney explains when wills and estate plans should be updated. It depends on the nature of your estate, as well as your life circumstances. We will delve into this answer more below. When to Update a Will & Estate Plan? In general, it’s recommended that people review and update their wills,…