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Colorado Estate Matters Blog: Estate Planning & Probate Tips

Ten Mistakes to Avoid When Estate Planning

August 10, 2021 Posted In Asset Protection,Estate Planning,Powers of Attorney,Probate, Estate, & Trust Administration
by Justin Blow

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…

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Wills, Trusts & Dying Intestate: How They Differ

October 8, 2020 Posted In Trusts,Wills
by Justin Blow

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…

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Six Major Assets to Include in an Estate Plan

February 20, 2020 Posted In Asset Protection,Estate Planning
by Justin Blow

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:…

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Planning for Your Baby’s Future in Estate Planning

June 12, 2018 Posted In Asset Protection,Estate Planning,Powers of Attorney,Trusts,Wills
by Justin Blow

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…

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Estate Planning Tools for Your Baby’s College

November 21, 2017 Posted In Estate Planning,Estate Taxes,Guardianships & Conservatorships,Powers of Attorney,Trusts
by Justin Blow

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…

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Four Essential Documents to Prevent Estate Planning Errors

November 30, 2016 Posted In Estate Planning,Powers of Attorney,Wills
by Justin Blow

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…

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Six Hidden Costs of Administering a Will

August 28, 2016 Posted In Asset Protection,Creditors and Probate,Probate, Estate, & Trust Administration,Trust & Will Contests,Wills
by Justin Blow

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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How Does Estate Planning Work?

August 9, 2016 Posted In Estate Planning,Powers of Attorney,Trusts,Wills
by Justin Blow

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…

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When Should I Start Estate Planning?

July 24, 2016 Posted In Asset Protection,Estate Planning
by Justin Blow

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,…

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Trusts & Taxes: FAQs about Tax Obligations for Trusts & Trustees

July 15, 2016 Posted In Estate Taxes,Trust Administration,Trusts
by Justin Blow

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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Can I Include My Pet(s) in My Estate Plan?

July 6, 2016 Posted In Estate Planning,Trusts
by Justin Blow

Pets can be wonderful companions and may even be considered to be members of the family for some people. Although pets are technically considered to be ‘property’ in the realm of estate planning, there are a number of ways that you can protect and ensure future care of your pets in your estate plan. How…

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Colorado Probate 101: What are “Small” Estates?

April 30, 2016 Posted In Estate Planning,Probate, Estate, & Trust Administration,Trust Administration,Trusts
by Justin Blow

How Colorado laws define small estates? Small estates, according to Colorado law, are estates that are not exclusive to real estate assets and that are valued at less than $64,000. Contact us to get details on what can be included in the $64,000 worth of assets. When estates qualify as being “small” in the eyes…

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