You probably know how important an estate plan is for your family. A good plan will minimize costs and ensure your family receives your assets in the manner intended. While having a plan is crucial, you must also avoid common mistakes when drafting yours. Kiplinger...
As divorcing parents trying to decide how to handle the aftermath of the split, it is important to consider your child's well-being above all else. Sometimes this means making sacrifices, and sometimes it means cooperating even if you struggle to do so. But you can...
Even though many people consider a comprehensive estate plan to be a concrete document that clarifies the individual’s wishes after he or she dies, individuals should revise the set of documents at regular intervals. Many financial experts agree that people should...
Marital assets fall under different definitions in different states and those states have various ways of dividing those assets. Colorado is an equitable distribution state, meaning that the courts attempt to divide your marital property and assets in a way that is...
Having an estate plan can provide you with peace of mind. Similarly, clarifying your final wishes prior to your death can give guidance and comfort to your surviving family members. Because inheritance disputes can undermine your intentions, proactive and careful...
Child custody disputes can happen even if you have a relatively amicable relationship with your former partner. For instance, you may not like the fact that the child's other parent wants to relocate outside of Colorado or keep your son or daughter for Christmas again...
Blended families are becoming more common in Colorado. This family structure consists of a couple and all their children, from both their current and prior relationships. Blended families can be vibrant and supportive, but they also pose special challenges for parents...
Estate planning often involves deciding "who gets what." That is, when writing a will, the testator decides what beneficiaries receive specific assets and property. In the absence of a valid will, a Colorado probate court follows intestate law when making...
In a perfect world, you and your then-spouse-to-be would have signed a prenuptial agreement. However, this did not happen. Colorado also accepts a post-nuptial agreement. Once again, you did not do that. Now, you have to deal with the problems a high asset divorce...
Protecting your Colorado real estate after you have been married is not always possible. The court will usually assume that property is part of the marital estate, and they will divide it accordingly. This means that your real estate may be at risk. Protecting real...