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July 2017 Archives

The essentials of long-term care

Long term services in Colorado can take on many different meanings, depending on the age and physical or mental state of a patient. Different factors, including the patient's health or disability needs, can determine the type of care needed to make life easier over a long period of time. 

What is an inter vivos trust?

Preparing your trust in Colorado can be confusing, especially when you come across terms that you have never heard before. One of the phrases that is commonly misunderstood is an inter vivos trust. Understanding what this trust is and what the benefits are can help you determine if this is the right trust for you.

POD and TOD accounts explained

Payable on death (POD) and transfer on death (TOD) accounts are very similar, except that PODs are accounts set up with a bank, while TODs are set up with a brokerage. They both cause assets to sidestep the probate process and pass proceeds directly to the individuals you name in those accounts.

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