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July 10, 2015 Posted In Trusts
by Colorado Estate Matters
Living trusts can be an important part of some estate plans, especially for people who have special needs children who want to help their families avoid probate and/or who have other special circumstances/wishes. To elucidate the benefits of living trusts and when people should consider setting them up, below, we’ll answer some of the most…
read moreJune 30, 2015 Posted In Estate Planning,Firm News
by Colorado Estate Matters
When you’re ready to put an estate plan in place, knowing where to start and what you need to do can be confusing. To help you initiate this process with a mind towards the various aspects you may need to consider. We have provided an essential estate planning checklist. Do not hesitate to contact us…
read moreJune 15, 2015 Posted In Estate Planning,Wills
by Colorado Estate Matters
Wills can be very powerful estate planning documents that can set terms for powers of attorney, asset distribution and even the care for orphaned minor children. There are some things that wills are NOT able to do. Understanding the limitations of wills can be crucial to knowing when you may need to take further estate…
read moreJune 5, 2015 Posted In Estate Planning,Wills
by Colorado Estate Matters
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…
read moreMay 25, 2015 Posted In Powers of Attorney
by Colorado Estate Matters
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.…
read moreMay 15, 2015 Posted In Wills
by Colorado Estate Matters
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…
read moreMay 5, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
by Colorado Estate Matters
Here’s the conclusion to our blog series Joint Tenancy & Probate FAQs. Joint Tenancy & Probate: More Important Info Below Q – What are the advantages of joint tenancy in probate? Here is a look at the pros and cons of joint tenancy and probate in Colorado. Contact our Denver probate attorney for the best…
read moreApril 25, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
by Colorado Estate Matters
Joint tenancy can provide people with a way of transferring real or personal property to surviving loved ones after passing way, effectively preventing this property from having to be probated. Although joint tenancy may not fully eclipse the need for a decedent’s estate to go through probate, it can help get some significant assets to…
read moreApril 15, 2015 Posted In Asset Protection,Creditors and Probate,Probate, Estate, & Trust Administration
by Colorado Estate Matters
Resuming How to Create an Inventory of Assets for Colorado Probate: Eight Steps (Pt. 1), we will point out the next steps to take as you continue compiling a comprehensive inventory of a decedent’s estate. The Next Steps to Take in Creating an Inventory of Assets for Colorado Probate 3 – Detail all personal property…
read moreApril 5, 2015 Posted In Estate Planning,Medical Directives,Powers of Attorney
by Colorado Estate Matters
Here’s the conclusion to our blog series Five Main Types of Advance Medical Directives: An Overview. Final Type of Advance Medical Directive – Organ and Tissues Donation Declarations When you are ready to develop advance medical directives or any estate planning documents, please call us and schedule a free estate planning consultation. We are skilled…
read moreMarch 25, 2015 Posted In Estate Planning,Medical Directives,Powers of Attorney,Wills
by Colorado Estate Matters
While every adult in the U.S. is entitled to refuse or consent to medical care, knowing what a specific adult individual would prefer for health care can be difficult in the event that adult becomes incapacitated. Do you know what advance medical directives are and how they can be important? If you are unsure or…
read moreMarch 15, 2015 Posted In Wills
by Colorado Estate Matters
Resuming Colorado Wills: Seven Facts You Should Know (Pt. 1), here we will continue highlighting some essential information to know about wills in Colorado. More Important Info about Colorado Wills Fact 3 – Colorado wills can and sometimes should be revised. Do you know when Colorado wills should be revised? Or how divorce can impact…
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