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Leaving Money to Disabled Individuals

January 7, 2014 Posted In Estate Planning,Probate, Estate, & Trust Administration,Trust Administration,Trusts,Wills

If someone living in Colorado has a family member with special needs or a disability, they may want to leave assets for them that can help cover the cost of their care. It is actually a bad idea in some cases to leave these individuals money or property in a will, as it can put…

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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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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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