Colorado Estate Planning And Estate Settlement Legal Blog

If you’ve been named a successor trustee you may be gratified to think that someone held you in high enough esteem to ask you to do the job. Or, alternately, you may be somewhat mystified as to what exactly you’re expected to do. Here’s some help to get started. What’s a successor trustee? The successor trustee is the person who…Read More

If you’ve been named a successor trustee you may be gratified to think that someone held you in high enough esteem to ask you to do the job. Or, alternately, you may be somewhat mystified as to what exactly you’re expected to do. Here’s some help to get started. What’s a successor trustee? The successor trustee is the person who…Read More

  The media frequently airs dirty laundry about celebrities who exclude their closest family members in their estate plans. For example, Jerry Lewis famously and intentionally excluded six of his children in his will. Mickey Rooney and Tony Curtis also disinherited their biological children in wills that were created just weeks prior to their deaths. As expected, those left out…Read More

obody likes to argue or fight, especially about estate matters that concern their family members. But nobody likes to stand by and watch the mishandling of important legal or financial affairs either. This awareness or suspicion of negligence, fraud, irresponsibility or mismanagement is the place where many trust, will and probate disputes begin. For many people, the possibility of probate or…Read More

Colorado works with its citizens to assist with long-term care (LTC) planning. The state believes that when people plan properly and are proactive, they should be rewarded. This is why Colorado’s Long-Term Care Partnership was established. It is a partnership between private insurance and state government and encourages long-term care planning. What benefits does Colorado’s LTC Partnership provide? The Partnership helps…Read More

If you’re getting up there in years, you may be overlooking one important thing in your estate plan: your pets. A lot of older people have dogs, cats and birds that end up outliving them. If you don’t have provisions made for their care in your will, you have no way of making sure that they’ll actually be cared for…Read More

If you have not considered a revocable living trust for your Colorado estate, now may be a good time. Many people are well aware of who they plan to pass their estate and assets on to when they die. If that is the case with you, a living trust might make things easier for both you and your heirs. A…Read More

When a person dies, probate is the legal process used to dispense of his or her assets. There are different degrees of probate. Those degrees are dependent on the circumstances and plans that the decedent made (or did not make) prior to his or her death. What is the difference between an intestate estate and a testate estate? An intestate…Read More

Are you looking for a way to transfer your some life insurance proceeds to your heirs without subjecting it to taxation? There are a number of ways to do it. There are also some fairly common mistakes that could cost your heirs plenty. 1. Do not make your insurance policy payable to your estate. When you pay the money out…Read More

Watching your parents age is difficult. After they are gone, you may be the one to handle their estate. Administering an estate can be a difficult experience, especially if your responsibilities overlap with your grieving process. Yet, it can also be a very enlightening process. You may have thought that your parents had an ideal estate plan in place, only…Read More