Estate Planning
Organizing your estate and drafting a will are excellent ways to guarantee that your property gets to the desired parties upon your death. However, failure to include critical details or pay attention to articulation can leave your family members squabbling and bitter. Fortunately, with proper planning, you can help prevent unnecessary inheritance disputes. The Huffington Post suggests some proactive steps you can…Read More
Roger Moore died this week at age 89, in the Swiss Alps that he loved. To many, he was the best James Bond of them all — confident in the face of every danger. Even James Bond required preplanning In the opening sequence of The Spy Who Loved Me, Moore is being chased by a host of gun-wielding Russian henchmen.…Read More
Rock legend Prince, who died April 21 last year, was loved worldwide for his brilliant and passionate music. But as news emerges about the estate he left behind, family members must wish he had been as brilliant and passionate about his finances. Lacking a will or any coherent statement by Prince about his wishes for his estate the courts in…Read More
Whether you have an aging loved one or a close friend in Colorado who needs assistance, you may want to look into obtaining a guardianship. According to Colorado law, guardians can be appointed over incapacitated minors or adults who are unable to make informed choices or communicate with professionals regarding their safety, self-care or physical health. Guardians can be family…Read More
Rock legend Prince, who died April 21 last year, was loved worldwide for his brilliant and passionate music. But as news emerges about the estate he left behind, family members must wish he had been as brilliant and passionate about his finances. Lacking a will or any coherent statement by Prince about his wishes for his estate the courts in…Read More
When you are expecting a baby, the last thing you want to focus on is your own mortality. There are so many other matters that need attending to – creating a new room in the home, communicating your needs to friends and family, learning a new role in life, taking care of your own and your baby’s health. Nevertheless, there…Read More
As anyone who has gone through a divorce knows, it can be a painful and overwhelming process. It is not uncommon for a divorce to take a year or more to complete due to the number of issues that must be resolved, such as: Dividing and re-titling assets Selling or refinancing your home Relocating to a new home Custody issues…Read More
To conclude this serious about funding, not every asset should be retitled in the name of the revocable trust. A motor vehicle is such an example. In the event of an accident, the injured party may bring a lawsuit. If the trust is the named owner, the party may go after all of the trust’s assets for damages under a “deep…Read More
Do you have an estate plan? Does the thought of drafting your last will and testament feel overwhelming? Congratulations on making the decision to plan for your future and the future of your family. Now, it is time to address the next step: meeting with a lawyer. Depending on your situation and assets, estate planning can be relatively simple or…Read More
It may seem like a rather odd gift for a young adult, but if your child is about to turn 18 years old sometime this coming year, consider making a birthday present of a simple estate plan. It isn’t as morbid as it sounds. Having an estate plan is part of being an adult. It’s also important that you teach…Read More
