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Many Colorado couples have significant property and assets that deserve protection against excessive taxation and possible losses. Many commonly used estate planning tools can help to secure your financial legacy for heirs, protect your assets and even reduce your tax...
Divorce rates remain consistently high across all ages and especially among couples nearing their retirement years. Many times, an empty nest leads to ending a longtime marriage. Eventually, you might get remarried, which could raise issues with eventual claims on...
The number of "gray divorces" has climbed in recent years. It makes sense that there would be a rise in the number of Colorado seniors getting remarried. While updating an estate plan might not be at the top of a newly remarried couple’s mind, there are several good...
Many people mistakenly think that estate planning is only useful for people who are either very old or extremely rich. However, more Colorado residents in their 20s and 30s are becoming aware of the benefits that estate planning can provide them. Another mistaken...
In Colorado, the families of people who die with or without a will have to go through the probate process. Probate is a legal process that is handled by the probate courts to validate wills and to administer the estates of people who have died intestate. People who...
An estate plan can you manage your assets both today and after you pass. It can also make it possible to appoint someone in Colorado or elsewhere to manage your finances if you are unable to do so on your own. There are many different types of documents that you can...
An estate plan can help a person determine what happens to both personal and business assets when he or she passes away. Therefore, it is important for business owners in Colorado and throughout the country to have a will, trust or other document that can meet their...
In Colorado, an estate plan can accomplish any one of a number of purposes. Deciding issues of money and property is just one thing that the estate plan does. If someone has any type of health condition, the estate plan can assist them as their issues progress. This...
When it comes to selling the home of a person who has died in Colorado, the executor is generally in control of the process. However, they cannot begin to take steps to sell off the estate property until the debts of the estate are settled. This must happen before...
After years of hard work, Colorado residents who have built up their wealth are probably looking forward to enjoying the fruit of their labors when they retire. Traveling, spending time with family and friends, or enjoying life at home may be some of the things they...