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Do I Need an Ethical Will?

November 4, 2016 Posted In Estate Planning

Ethical Wills: What, Why & How? As opposed to a traditional will that bequeaths assets to loved ones, an ethical will is a personal statement not a legal document that sets forth values or shares stories and experiences. Also commonly referred to as legacy letters, ethical wills can be invaluable for surviving loved ones following…

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Six Hidden Costs of Administering a Will

August 28, 2016 Posted In Will Contests

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…

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Who Should Be My Trustee?

August 18, 2016 Posted In Trustee Duties,Trustees,Trusts

Helpful tips for choosing the right person to serve as a trustee The answer to this question is important to consider, as your choice in 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),…

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John Phillips has now gone to JR Phillips & Assoc. PC.  Justin Blow, Denise Husa, and Lexus Bohan are now with Colorado Estate Matters and can be reached below.