Probate describes the legal process used to transfer title to your assets – a home, cabin or vehicle – either through a will or in accordance with the law. All wills (testate estates) need to go through probate, but the complexity and degree of court involvement...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Month: August 2015
3 reasons to update your Colorado estate plan
An estate plan needs to be a living set of documents that change with your life circumstances or they do no good.What can go wrong? An easy example occurs frequently with beneficiary designations. Failing to change a beneficiary after divorce could even leave a 401(k)...
How to avoid or solve sibling disputes over the care of a parent
Three Colorado sisters became co-trustees of a family trust when their mother received a diagnosis of dementia. They also had an equal vote when making decisions about her care. Disagreements about the sale of a home resulted in a legal battle. They could also not...
Dealing with incapacity in Colorado, part 2: Conservators
What is the difference between a guardian and conservator in Colorado? Can one person serve in both roles?A guardian makes decisions and is responsible for the protected person’s well being, while a conservator handles the person’s estate and finances. It...
Advocacy as important as funding in a special needs trust
Do you have a loved one who suffers from a significant disability? If you have a child with severe autism or a brother or sister with down syndrome, a special or supplemental needs trust can pay for additional expenses that Medicaid may not cover.Most people initially...