Colorado Estate Planning And Estate Settlement Legal Blog

When you think about a trust, you probably think about million dollar accounts for wealthy individuals. The reality is that most trusts aren’t for the rich and famous but rather for people of lower incomes. Trusts can be beneficial for people of all backgrounds, even if they only have a few thousand dollars. One thing you may not have known…Read More

If you have already written a will, you might think that you have done all the estate planning you need to do. However, creating an estate plan and letting it gather dust for 10, 20 or 30 years is one of the biggest mistakes people make with their end-of-life decisions. Whether you have a will, living trust or a health…Read More

James Brown has been dead for 11 years, but not a dime of his estate has gone to any of his beneficiaries yet. The estate has multiple lawsuits tying it up in probate. The situation has gotten so bad, one attorney referred to it as a “mini-series,” saying that you needed a map to maneuver through it. James Brown, known…Read More

In the best of circumstances, Colorado residents will have set up a financial plan that protects their assets if it becomes necessary for them to enter into a long-term care facility. When a viable financial strategy is in place, well in advance of the need, individuals can pay for their long-term care with Medicaid benefits rather than depleting their personal…Read More

Your parents got into an inheritance dispute years ago. You watched as siblings argued with one another and said things they could never take back. You watched the whole process drag out in court. You watched as family members stopped talking to one another, even for years after the legal battle had ended. In setting up your own estate plan,…Read More

There’s a lot of work involved with handling an estate, and it becomes even more complex when a family member or heir decides to bring a lawsuit against you. You may feel tempted to simply hand over authority for the estate, but don’t be hasty. After all, the deceased estate owner clearly trusted you to do your best to protect…Read More

Estate planning is a very personal matter. Talking about your assets, hopes for the future, death and your desires for your children and grandchildren is often not easy, particularly with someone you do not know well. However, you will need to discuss these matters when establishing or modifying your estate plan. Choosing the right legal professional to help you with…Read More

If you have a comprehensive estate plan, you will have powers of attorney in place in the event you can no longer make decisions for yourself. However, just because there is a plan in place, it doesn’t mean everything will go smoothly. When your wishes collide with the feelings of family members and healthcare professionals, even the best-laid plans can…Read More

In a large estate, with few inheritors, what happens when there are serious allegations about elder abuse levied at the beneficiary? This exact situation is playing out, in the recently revealed details of a pop culture legend’s dealings with his only daughter. The sad case of comic book icon Stan Lee has a great many intersections with what can be the hardest…Read More

There has never been a plan that has perfectly withstood the act of implementation. That includes estate plans. Because of that simple fact, it is vital that you select an executor who will minimize the possibility of a lawsuit. The basic duties of the executor are straightforward.  However, problems can arise if the executor acts negligently and ignores the written acts of…Read More