An irrevocable trust may be an effective way to protect your Colorado home, a vehicle or money inside of a bank account from being seized by creditors. Furthermore, assets that are kept in an irrevocable living trust are shielded from being taken away in a divorce....
Month: March 2021
What happens to your estate if you become incapacitated?
A judge may appoint someone to handle your finances and medical decisions if you become incapacitated without an incapacitation plan. In Colorado, even if your bank accounts are under joint ownership, there are some restrictions on what the other owner can do while...
Your first meeting with a divorce lawyer
If you and your spouse have made the difficult decision to dissolve your marriage, you may be experiencing a litany of emotions. Depending on the circumstances surrounding your divorce, you and your former spouse probably have different divorce lawyers who are...
Leaving your possessions behind
Many people in Colorado craft a will to include personal possessions or money that can be left behind for family and friends when they die. This isn't a requirement, but it does tend to make the process of dividing your belongings a bit easier. Keep in mind a few...