Powers of attorney are essential components of any comprehensive estate plan, as they provide specific plans for what should be done in the event that person becomes incapacitated in the future. While powers of attorney can be tailored to a person’s specific needs and wishes, they can range from being very limited in their powers…
Colorado individuals may exercise more control over their assets and other arrangements when they take a proactive step by establishing an estate plan. This often consists of several documents that work together to provide greater control over the person’s estate, finances and health. Estate planning commonly starts with a last will and testament. This document…
When creating an estate plan in Colorado, creating a will is usually one of the first things to be done. It’s usually meant to preserve the peace of mind of family members and loved ones, but if not drawn up properly, it can become more hurtful than helpful. There are a few common mistakes that…