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September 25, 2023 Posted In Estate Planning
by Colorado Estate Matters
Your estate plan is the crucial document set that dictates your wishes following your death. This set of documents should cover all your needs, from your financial assets and to whom they will belong to your health care and other wishes. However, life changes fast, and you may find that your estate plan is surprisingly…
read moreMarch 25, 2022 Posted In Estate Planning,Trusts,Wills
by Colorado Estate Matters
The COVID-19 pandemic led to a lot of changes in court systems and estate planning around the country, largely due to the inability of individuals to make in-person visits to courthouses. Several states, including Colorado, created new legislation to keep legal processes flowing during the pandemic with virtual solutions. One estate-planning innovation in Colorado is…
read moreAugust 10, 2021 Posted In Asset Protection,Estate Planning,Powers of Attorney,Probate, Estate, & Trust Administration
by Colorado Estate Matters
Planning your estate is an important undertaking, which is why you want to avoid making mistakes to prevent future hardships for your family after you are gone. Several common issues can easily occur if you do your estate planning haphazardly. The best way to properly undertake this important task is by hiring a Denver estate…
read moreOctober 8, 2020 Posted In Trusts,Wills
by Colorado Estate Matters
Most people understand that having some sort of an estate plan is a good thing. However, many of us do not take the first steps to get that estate plan in place because we do not understand the nuances between a will and trust – and dying without either. Below our expert Denver will attorneys…
read moreFebruary 20, 2020 Posted In Asset Protection,Estate Planning
by Colorado Estate Matters
What Assets Should Be Included in an Estate Plan? The first thing that may need to be done is to take inventory of your major assets. Understanding what these are can be important to appropriately preserve them for the future and your beneficiaries. For most people, the major assets to include in estate plans are:…
read moreJune 12, 2018 Posted In Asset Protection,Estate Planning,Powers of Attorney,Trusts,Wills
by Colorado Estate Matters
In all the chaos of buying new clothes, constantly changing diapers and seemingly sleepless nights for months on end, you may not be thinking of establishing an estate plan. As a new parent the last thing on your radar is probably creating a will or planning your estate. But, if you don’t already have an…
read moreNovember 21, 2017 Posted In Estate Planning,Estate Taxes,Guardianships & Conservatorships,Powers of Attorney,Trusts
by Colorado Estate Matters
Remember when your baby was just an infant and you thought he/or she would break like dropped china or porcelain? And then you saw them run right into a glass door and bounce off like a rubber ball and bounce back for more. It was probably back then that you first gave some forethought into…
read moreNovember 30, 2016 Posted In Estate Planning,Powers of Attorney,Wills
by Colorado Estate Matters
Four Essential Documents to Prevent Estate Planning Errors When you are ready to put an official estate plan in place to protect yourself and your family in the future, there can be a lot to consider, even if you don not have a sizable estate or a large family. To help you get started on…
read moreAugust 28, 2016 Posted In Asset Protection,Creditors and Probate,Probate, Estate, & Trust Administration,Trust & Will Contests,Wills
by Colorado Estate Matters
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
by Colorado Estate Matters
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
by Colorado Estate Matters
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
by Colorado Estate Matters
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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