Colorado Estate Planning And Estate Settlement Legal Blog

Tom Clancy introduced the character of Jack Ryan more than thirty years ago. His novel launched not only his literary legacy, but also a cinematic franchise that started with The Hunt for Red October. Not long after, Clancy found himself in a battle with the publisher over using his very own creation in future novels and any subsequent movies. The…Read More

The passing of Labor Day is certainly a milestone in our calendar; but it may mean different things to different people. For kids of all ages, it is the beginning of a new school year. Whether it is first grade or the first year of college, it is a time of new and indelible experiences. For college students, there may…Read More

In a number of our posts, we have highlighted how people who take time to create and revise their estate plans can save a great deal of money in state and federal estate taxes. While this may be applicable to those who have estates in excess of $5 million or more, the majority of our readers may not be so…Read More

Baby boomers began reaching the age 70-and-a-half milestone in the middle of last year. Since then — and for the next 18 years — 10,000 baby boomers will retire each day. Downsizing often comes hand-in-hand with retirement. With the children grown and gone, parents no longer have the need — or the desire — to keep large family homes. With…Read More

It’s a generally accepted fact that women tend to live longer than men do. Women who marry older men are even more likely to outlive their husbands. This often means that women must be financially and mentally prepared to spend a number of years on their own. While you should not assume that your husband will predecease you, are you…Read More

Have you had “the talk” with your adult children? You know…the one where you discuss what will happen after you are gone. For many, talking about death is very difficult, if not impossible. For many families, discussing money and inheritances is even more difficult. Why to start the conversation Many parents avoid discussing family wealth for a number of reasons:…Read More

Medicare health insurance is an invaluable resource to help ensure that older individuals can afford to receive appropriate medical care throughout their golden years. As a senior citizen approaches age 65 and looks ahead to Medicare coverage, there may be different possible enrollment periods to consider. Missing an applicable enrollment period can leave an elder without any health insurance coverage…Read More

Medicare is a government-subsidized health insurance for many Colorado residents age 65 and over, and certain disabled individuals. However, there is a monthly premium for Medicare Part B for most seniors. If one does not sign up for Medicare when first eligible, he or she may have to absorb a premium penalty later when signing up for Medicare. The Medicare…Read More

Wills are the cornerstones of good estate plans. Part of the process of creating a last will and testament is choosing an executor or co-executors. Your executor will “execute” the instructions in your will after you are gone. These duties include gathering all of your assets, paying expenses and debts, filing tax returns and distributing assets to your beneficiaries. Sometimes,…Read More

The American Health Care Act, with its proposed cuts to Medicaid, could have a major impact on elderly people’s ability to get much-needed care. According to an article from Forbes, Medicaid has a wider reach than many people believe. While it is often seen as an insurance program for low-income individuals, the reality is that more than 2 million elderly people…Read More