Estate planning for blended families can be especially complex in Wheat Ridge and Jefferson County. It's a daunting task to decide who should inherit what, especially when you have biological and non-biological kids involved. It can also be difficult to broach the task, but communication is the first step to getting your affairs in order so your children are protected if something should happen to you.
While estate planning is important for all parents, it is especially important for single parents. This is because there isn't a second parent to fall back on if something happens to you. You want to make sure that your children taken care of both physically and financially if you were unable to.
When considering elder law and taking care of loved ones as they get older, plans must be made for when a loved one becomes incapacitated. In Wheat Ridge, Golden, and Arvada, there are two options for when a loved one can no longer handle their finances: durable power of attorney and conservatorship. Let's look at the differences between these two options.
Often times when a couple is contemplating divorce and chooses to separate, it's important that you do things to protect yourself. Even though during this time you may be working on your marriage, you should plan as though you are getting a divorce. This will make sure that you are not vulnerable should you and your spouse choose to get a divorce later down the line. Let's take a look at 5 important things you should do when you enter into a separation.