In uncertain times, you may wonder what would happen to you if you got seriously ill. Would your children be able to support you? How would your medical care and assistance affect your finances and theirs? Without good planning, your illness could cause great...
Colorado Estate Planning And Estate Settlement Legal Blog
Good estate planning opportunities in bad markets
It hurts when the markets turn bad. No one feels good when their stocks, investments and retirement funds suddenly deflate. But the news during volatile markets isn’t all bad. There are some golden opportunities for those who know where to look. The key, as Barron’s...
Know this about undue influence
Losing a loved one is an emotional experience that can often lead to stress as you handle that person's final affairs. More than likely, once you go through the estate plan, you'll see that everything is in order. Unfortunately, sometimes, there are surprises. When...
Will you pass the income assessment for Colorado Medicaid?
Too many people seem to think that Medicaid is only for those who are exceptionally indigent, but that is not the case. Medicaid is a program intended to help those who cannot reasonably cover their own medical costs, including retired adults on a fixed income. In...
A bulletproof trust can help you protect your heirs from mistakes
For most people, the whole point of estate planning is to have control of the legacy they leave behind when they die. For those with substantial assets, complex family relationships or a desire to posthumously contribute to a charity, the creation of a trust is a...
Defending your actions and decisions as executor of an estate
There's a very good reason that most testators specifically set aside some amount of financial compensation for the person they name as executor or administrator for their estate. After all, handling an estate is stressful work, bordering on a full-time job. In...
Do you have a valid reason to contest a last will or estate plan?
Losing your loved one can be a painful shock, particularly if you weren't expecting them to pass when they did. As if you weren't struggling enough after the death of someone you deeply care for, you could also find yourself dealing with unexpected complications...
Retirement preparations should include estate planning
When people start getting close to retirement age, they may take steps to turn their retirement dreams into reality. Common planning for those nearing the end of their working career includes planning a vacation, making arrangements to sell their house and move or...
The larger your estate, the more important tax planning becomes
You worked hard or invested wisely to accumulate your personal wealth over the course of your adult life. From your first savings account to the real estates that you hold as a potential future investment, the assets you acquire have value both in that they mean...
The limits of transfer on death account designations
For many people, concern about their family's financial well-being is the primary motivator for creating an estate plan. Particularly for those who do not have a legal or biological tie to the individuals they love the most, an estate plan is necessary to protect...
