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Colorado Estate Matters Blog: Estate Planning & Probate Insights

How to Start Estate Planning: Seven Steps

February 18, 2016 Posted In Estate Planning,Powers of Attorney
by Justin Blow

How to Start Estate Planning? Estate planning can be the key to preserving your legacy and protecting your loved ones in the future. Although there can be a lot to think about when it is time to put a formal estate plan in place, the following are the main considerations and steps to take when…

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Three Reasons to Be Weary of Online DIY Trusts

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

The risks of doing online DIY trusts could make it difficult once you pass if it is not done by an experienced attorney. If you want it done right, it should be done right the first time by an experienced lawyer. The internet puts a world of information and opportunities for action at our fingertips.…

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How to Choose an Executor or Personal Representative for an Estate?

January 24, 2016 Posted In Estate Planning,Estate Taxes
by Justin Blow

How to Choose an Executor or Personal Representative for an Estate? A central part of estate planning can be selecting the right executor and/or personal representative to carry out your wishes in the future. While you may have some ideas of who to appoint to these positions, below are some specific tips to keep in…

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Agents under Powers of Attorney: Four Important Facts to Know

January 12, 2016 Posted In Powers of Attorney
by Justin Blow

Four Important Facts for Agents under Powers of Attorney Agents, also referred to as attorneys-in-fact, have some important responsibilities and powers. Although the specifics of these duties and the extent of their power will vary from situation to situation, in general, the following are among the most important facts to understand about this role. The…

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Four Reasons to Resolve to Develop an Estate Plan

December 31, 2015 Posted In Estate Planning
by Justin Blow

Four Reasons to Resolve to Develop an Estate Plan The New Year is a time for resolutions. For many people, this can mean prioritizing certain personal and financial changes for the New Year. While those resolutions can be great goals, here is why it is also time to include estate planning as a focus for…

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Survivors’ Checklist: Six Immediate Steps to Take after a Death

December 15, 2015 Posted In Firm News
by Justin Blow

The death of a loved one can turn your world upside down. While grief can be overwhelming, if one person is ready to take action to prepare the estate for settlement, the following process of transferring the estate to the heirs can be resolved more efficiently. What to Do Following a Death? Take care of…

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How Does Portability Affect Estate Taxes?

December 5, 2015 Posted In Estate Planning,Estate Taxes
by Justin Blow

A Denver estate planning lawyer discusses how portability for federal estate taxes can help reduce tax obligations. Since 2011 in the U.S., married couples have been able to take advantage of portability for federal estate tax purposes, allowing them to share certain unused exemptions and save on their overall estate tax obligations. Although portability is…

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How Often Should I Update My Will?

November 15, 2015 Posted In Estate Planning,Wills
by Justin Blow

A Denver estate planning attorney explains when wills and estate plans should be updated. It depends on the nature of your estate, as well as your life circumstances. We will delve into this answer more below. When to Update a Will & Estate Plan? In general, it’s recommended that people review and update their wills,…

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Four Estate Planning Mistakes that Can Cost Your Loved Ones Later

November 5, 2015 Posted In Estate Planning,Powers of Attorney,Wills
by Justin Blow

The right estate plan can preserve your wishes for the future while protecting your loved ones’ interests and possibly even minimizing the need for probate. Of course, the “right” estate plan can vary from situation to situation, depending on the details of an estate (among other things). That being stated the following are among the…

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Four Myths about Colorado Probate Dispelled

October 25, 2015 Posted In Creditors and Probate,Firm News,Probate, Estate, & Trust Administration
by Justin Blow

Don’t believe these myths about Colorado probate, a Denver probate attorney explains. Get the facts so you know how to preserve your interests in probate. Probate in Colorado can be an involved process that, even for more modest estates, can take six months or longer to resolve. While many people are aware that probate can…

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Five Warning Signs of Breach of Fiduciary Duties

October 15, 2015 Posted In Breach of Fiduciary Duty
by Justin Blow

“Know the warning signs of breach of fiduciary duty so you know when to take action & hold negligent fiduciaries accountable,” notes an estate planning lawyer in Denver. Fiduciaries, including personal representatives and the executors of wills, are bound to act with a certain level of care and prudence when it comes to administering a…

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How to Select an Estate Planning Lawyer: Four Things to Look For

October 5, 2015 Posted In Estate Planning
by Justin Blow

When you want to choose the right and best Denver estate planning lawyer to help you put an effective estate plan in place, here is what to look for, our Denver estate attorney can explain. When you are ready to put an estate plan in place, one of the first steps to take can be…

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