As part of good estate planning, residents of Colorado may consider long-term care planning for themselves and their loved ones. Medicare, a government supplemental insurance policy that provides medical and hospital benefits for individuals who meet certain...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Month: January 2015
Benefits of special needs trusts
What if you have a loved one who is disabled or unable to care for him- or herself, and you want to make sure he or she is financially taken care of if something happens to you -- or you just want to put aside some money for him or her? This is when you should contact...
The importance of a living will for all adults
Some individuals in Colorado may think of estate planning as something that is only for older people, and this may be particularly true when they consider end-of-life care. However, a catastrophic accident or illness can strike anyone at any time, and a living will is...
How can a living trust be modified?
A trust may be modified under Colorado law for a number of reasons. Circumstances may change so that the trust no longer effectively carries out the wishes of the settlor. Terminating a trust early or modifying its terms is not generally a simple process. Modification...
Important changes to know about estate tax in 2015
A new year is an excellent time for Colorado residents to take stock of their estate plans. Changes in federal tax laws can be evaluated to determine the potential impact on one's heirs. Additionally, this is an important time to make adjustments related to major life...