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…
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,…
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…
