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May 2016 Archives

New form allows transfer of vehicle titles without probate

During the recently completed session, the Colorado General Assembly created a new estate planning tool. It will allow you to designate a beneficiary who will receive title to your vehicle when you pass away.

3 Reasons you do not want to die without an estate plan

While we do not usually cover celebrity issues on this blog, the news that Prince died without a will or estate plan in place was a shock. But it comes with a lesson. Now, right now is the time to move estate planning from the back burner onto a “to do” list.

Estate administration & probate of Prince's estate will be costly

Music fans here in Colorado and around the world were shocked by the news that musical artist Prince died recently. What may be even more shocking is that the man who went to such lengths to control his music died without a will. This fact could make the estate administration & probate process costly and time-consuming. 

Obtaining Guardianships & Conservatorships in Colorado

The death of music legend Prince has highlighted the problems created when a person dies without a will. What some media sources in Colorado and elsewhere are failing to recognize is that it is also imperative to have estate-planning documents (powers of attorney and advance directives) in place in the event of incapacity. Without them, it may be necessary for your family members to petition the court for Guardianships & Conservatorships.

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