Having a will in place can protect you and your family in the event of a catastrophic injury, incapacitation or even death. However, if you end up passing away without having a legal will in place: Your estate will be passed on to your relatives via Colorado intestate laws. The nature of your estate, as…
Agents or “attorneys in fact” are people who have been designated by another individual (i.e., the principal) via a financial power of attorney to manage the principal’s finances. While stepping into the role of agent for someone else is completely voluntary, when people do agree to take on this role, they accept certain legal responsibilities.…
After creating a will, one of the next important decisions you will make is where to store that will. The reason this is so important is that, if your personal representative or beneficiaries cannot locate the original copy of your will in the future, it can create significant (and unnecessary) challenges for them, costing them…
