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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...
In Colorado, parents who share physical custody may alternate weeks between the parents' homes since that is the easiest arrangement. However, what is easy does not always equate to what is best for the children. Accordingly, parents should be flexible and open to...
In a Colorado divorce, the optimal situation is that both parents want to spend as much time as possible with the children. However, what is possible may be constrained by one or both parents' careers. Work obligations could make it difficult to spend the maximum...
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...
Colorado, like the rest of the country, is experiencing a surge in the rate of divorce in couples over the age of 50. Even though the overall divorce rate in the country is steady to decreasing, it is on the rise for older couples. This term is known as a "gray...
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...