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Spendthrift Trusts and Asset Protection

October 11, 2013 Posted In Asset Protection,Trust Administration,Trusts

While trusts are commonly regarded in Colorado and elsewhere as estate planning tools, they can also be useful as a way for people to protect their assets while they are still living. An asset protection trust, also known as a spendthrift trust, places assets into a living trust under which the trustor is also the…

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Estate Planning Should Be Done Early

September 24, 2013 Posted In Asset Protection,Estate Planning,Powers of Attorney,Wills

Estate planning is often associated with retirement, but getting affairs in order earlier in life can ensure that an individual is prepared for life’s uncertainties. Regardless of how much a person is worth, they should begin the process of estate planning as soon as possible. Especially for those with young children, setting a financial plan…

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Certain Documents Should Accompany Every Estate Plan

September 13, 2013 Posted In Asset Protection,Estate Planning,Estate Taxes,Medical Directives,Powers of Attorney,Trusts,Wills

Planning for one’s death is never pleasant; however, as many Colorado residents may already know, it is often a fact of life. This is especially true when there are numerous assets that must be given away as part of one’s estate. An authority on the subject in a recent piece provided some guidance on which…

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