Beneficiary designations play a big role in determining the disposition of assets upon a Denver resident’s death. Typically, these beneficiaries are named in the paperwork of financial assets such as investment accounts, IRAs and insurance policies. If there is a conflict between who is named in a will and who is named as a beneficiary…
Conversations about finances, especially between adults and their aging parents, can be challenging. Whether living in Colorado or elsewhere, it’s important to be in on the financial plan, especially when an elderly parent falls ill or starts losing their memory. It’s best not to let the illness strike before developing a living will and setting…
People in Colorado who are engaged in their estate planning might want to include provisions denoting how they want their estates handled if they become unable to make financial decisions themselves in their living wills. Because more and more Americans are living longer, it is more important than ever now for people to plan for…