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Four Things a Will Can NOT Do

June 15, 2015 Posted In Estate Planning,Firm News

Wills can be very powerful estate planning documents that can set terms for powers of attorney, asset distribution and even the care for orphaned minor children. There are some things that wills are NOT able to do. Understanding the limitations of wills can be crucial to knowing when you may need to take further estate…

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What Happens If I Die without a Will?

June 5, 2015 Posted In Estate Planning,Firm News

Having a will in place can protect you and your family in the event of a catastrophic injury, incapacitation or even death. However, if you end up passing away without having a legal will in place: Your estate will be passed on to your relatives via Colorado intestate laws. The nature of your estate, as…

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Five Tips for Agents of Financial Powers of Attorney

May 25, 2015 Posted In Firm News,Powers of Attorney

Agents or “attorneys in fact” are people who have been designated by another individual (i.e., the principal) via a financial power of attorney to manage the principal’s finances. While stepping into the role of agent for someone else is completely voluntary, when people do agree to take on this role, they accept certain legal responsibilities.…

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John Phillips has now gone to JR Phillips & Assoc. PC.  Justin Blow, Denise Husa, and Lexus Bohan are now with Colorado Estate Matters and can be reached below.