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Common Mistakes Made in Wills

February 28, 2014 Posted In Creditors and Probate,Estate Planning,Powers of Attorney,Probate, Estate, & Trust Administration,Wills

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…

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Planning Tips from Paul Walker’s Estate

February 13, 2014 Posted In Creditors and Probate,Estate Planning,Probate, Estate, & Trust Administration,Trusts,Wills

Entertainment fans in Colorado were surprised when movie star Paul Walker was killed in a car accident on Nov. 30, 2013, at the age of 40. While he left a will that provides for his daughter, people can learn some important lessons regarding estate planning from his example. His assets of about $25 million were…

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Estate Planning Concern Over Tax Penalties Eased by Portability

January 31, 2014 Posted In Estate Planning,Estate Taxes,Probate, Estate, & Trust Administration,Trusts,Wills

Many families in Colorado may not fall into the mega-rich category of the 1 percent. However, it is not just the ultra-wealthy who have estate planning tools at their disposal to protect their assets. In fact, wealth-protection professionals taking part in the 2014 Heckerling Institute on Estate Planning in Orlando focused on portability becoming a…

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