Estate Planning

In the last few weeks, we have talked about a lot of critical issues relating to estate planning. Charitable trusts can go a long way towards helping your loved ones. Wills, and the act of frequently updating them, can lead to a prosperous future for your beneficiaries. And your executors have a major responsibility to carry your estate through to…Read More

The days, months and years following the death of a loved one can be very difficult. Not only are those left behind mourning their loss, there are often mountains of paperwork to deal with. While a bulk of estate settlement duties fall to executors, successor trustees or other fiduciaries, unanswered questions and unequal treatment of heirs can lead to confusion…Read More

Hugh Hefner, of Playboy fame, recently passed away. He reportedly had an “iron clad” prenuptial agreement with his third wife that kept his fortune from his young bride. Yet, current reports state that the widow will “be provided for” after the death of her husband. Is it possible for both reports to be true? In short, the answer is yes.…Read More

In recent blog posts, we discussed the importance of talking to your parents about their nursing home and estate planning strategies. This step is critical to making sure your parents have the care they need in their later years and that their assets are transferred according to their wishes. However, the most significant problem with talking about estate planning and…Read More

Estate planning can get complicated when multiple marriages and children from prior relationships are involved. However, the time spent establishing long-term goals and taking the steps to meet your objectives within with an estate plan is well worth it. Provisions in the plans of Hugh Hefner and Jerry Lewis Hugh Hefner was 91 when he died on September 27, leaving…Read More

It may be surprising how people react after the death of a wealthy loved one. There may be those who expect to inherit specific items or assume they have the authority to take control of property, such as a home or ranch despite what is written in a loved one’s will. It is not uncommon for those receiving less than…Read More

The natural beauty of Colorado is undeniable and draws people from all parts of the country. But some children grow up and develop lives outside of the state, leaving their aging parents behind. When the parent of an adult child gets older, it may be difficult for the child to make continual trips to Colorado for welfare checks and doctors…Read More

Earlier we talked about wills and their incredibly vital role in an estate plan. For the most part, wills do the heavy lifting of the estate planning process. But leaving a will as is and never updating it is a major problem. Without frequent updates, your will may not reflect your wishes or hopes for your estate anymore — or…Read More

Estate planning might seem like a long, arduous and expensive undertaking. But in reality, this is hardly true. You don’t need a multi-million dollar estate to have a simple, yet logical, plan to distribute your assets when you pass away. Moreover, you don’t have to be intimidated by the prospect of spending thousands of dollars getting your affairs in order.…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