Naming an executor is an important aspect of estate planning, as this person handles the terms of a will. While an honor, there are many reasons why someone might want to avoid the responsibility. Often, an executor is a family member or loved one. Such people may be...
Estate Planning
What to include in your estate plan
You want to protect your friends and families even after your death, but estate planning can be very confusing. Knowing what to include and what not to is key to making your estate plan bulletproof. Here is what you need to know about what you need to include in your...
The process of challenging a will in Colorado
The distribution of a loved one's estate is a sensitive matter. It is the duty of the living to see the deceased's will carried out, though you may feel compelled to challenge the will if something is clearly amiss. If you have reason to believe that the will-writing...
Ways to avoid probate in Colorado
Probate is a process in which the court distributes your assets to the beneficiaries listed in your estate plans. It is often long, expensive and difficult for your loved ones. Thankfully, there are things you can do to avoid probate. Transfer-on-death In Colorado,...
Estate planning FAQs for new parents
Becoming a parent is one of the most exciting experiences of your life, but it comes with some intimidating responsibilities. You are now responsible for ensuring the safety, well-being and happiness of your offspring. As a Colorado parent, you will likely want to...
Is it time to create your powers of attorney and a living will?
There is no time like the present to create estate planning documents that will benefit you while you are still alive. No matter what your age, an unexpected accident or serious health condition can occur. This is why you should consider creating powers of attorney...
Is a special needs trust right for your estate plan?
The Denver metropolitan area is a fantastic place to raise a child who has a disability. Whether your child takes advantage of services in Wheatridge or somewhere else along the Front Range, he or she undoubtedly benefits from the medical professionals who live and...
Key considerations when drafting a living will
A living will is a type of advanced health care directive that enables you to dictate your wishes with regard to medical care in the event that you become unable to express them yourself. The living will kicks in under two circumstances: It may come into play if you...
Your estate plan doesn’t need to be revised, does it?
You have worked hard to develop a comprehensive estate plan consisting of several documents and countless contingencies to ensure your surviving loved ones are properly cared for and your end of life decisions are honored. Unfortunately, you are not finished. An...
What you should know about setting up a special needs trust
If you have a child with special needs, you may worry about their future financial stability. Depending on their challenges, they may be unable to hold a steady job and will need Supplemental Security Income (SSI) to survive. Yet, you may feel that these monthly...