Estate Planning

In Colorado, many families hesitate to begin the process of estate planning due to avoiding talking about loved ones’ eventual deaths. In addition, they also fear the process of estate planning, thinking that it is too complex for them. By being methodical and...

People who are creating an estate plan need to think about their digital assets as well as their other property. Like most states, Colorado has enacted a version of the Uniform Fiduciary Access to Digital Assets Act. This permits executors to access many digital...

An advance directive is a legal document that allows an individual to direct what they want to happen in the event that they become incapacitated. This is an important tool to ensure that what a person wants for their future is carried out and so that a Colorado court...

Ideally, Colorado residents will review their estate plans on a regular basis. Doing so can make it easier to spot any weak points that may arise because of changes to the tax code or a major life event such as a marriage or divorce. Reviewing an estate plan could...

There are many reasons why you may want to make sure you have a plan in place to pass your assets to those you love. Estate planning can be important for many families, especially when people think about aging, plan for children or make changes in their lives. You may...

When people in Colorado plan for the future, they generally want to relieve the burden that may fall on their loved ones after they pass away. By creating trusts, making a will or designating powers of attorney, people can help to ease the difficulties of their loved...

People in Colorado who do not make an estate plan can leave their loved ones in a difficult position. Family members may end up in litigation as they argue over what happens to assets, or the state could distribute them in a way that a person would be unhappy with....

Estate planning often focuses on handling your estate after you pass on, but alleviating the strain on your family could begin years before they consult the will. Only one-third of all Americans have health directives in place, which means decisions on end-of-life...

Creating an estate plan likely is not at the top of your list of things to do. There are many young adults who believe they have plenty of time to start their estate plan. Additionally, some people think that they do not have enough wealth to distribute leaving little...

Estate planning is something that too few Colorado residents have taken the time to do. They all have their reasons for ignoring it or putting it off, but it is not something one should ignore forever. It is always better to make sure one's wishes are known and assets...