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Colorado Estate Matters Blog: Estate Planning & Probate Insights

How Do Colorado Laws Limit My Choice for Executors?

April 18, 2016 Posted In Estate Planning,Firm News
by Justin Blow

How Does Colorado Laws Limit the Choice for Executors? Part of developing an estate plan will involve naming an executor (or personal representative) to administer the plans in the future. Understanding the specific requirements for executors, as set forth by Colorado laws, will be important to naming appropriate choices and to minimize your loved one’s…

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Estate Planning 101: Four Tips for Maintaining, Organizing & Storing Your Estate Plan

April 6, 2016 Posted In Estate Planning
by Justin Blow

Four Tips for Maintaining, Organizing & Storing Your Estate Plan Having a comprehensive estate plan is important to protecting your family and legacy. Once you have developed an estate plan keeping certain documents and staying organized can be essential to preserving your wishes for the future and to preventing your loved ones from experiencing unnecessary…

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Essential Checklist for Estate Executors

March 21, 2016 Posted In Probate, Estate, & Trust Administration,Wills
by Justin Blow

Essential Checklist for Estate Executors The death of a loved one can be a great loss. For those who are named as executors of the estate however, the death can mean that it’s time to get to work carrying out the loved one’s final wishes and getting the estate settled. Because there can be a…

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Four Essential Estate Planning Tips for Those Under 35

February 29, 2016 Posted In Estate Planning,Powers of Attorney
by Justin Blow

Four Important estate planning tips for people under 35 Getting your finances in order can be essential to being prepared for life’s changes. While building savings and retirement accounts can be part of this process, so too is estate planning. For those who are under 35 and who may just be starting to focus on…

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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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