A tragic accident leaves a young boy without a father. His father had been the most stable figure in his life for some time. What happens now? Inertia and worries about the cost of an estate plan keep many unmarried parents from putting a plan in writing. This leaves...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Month: November 2016
Same-sex couples still face unique estate planning challenges
Even with the landmark U.S. Supreme Court decision and myriad state-level initiatives that recognized the validity of same-sex marriage, many of these couples still find themselves facing unique challenges where legal matters are concerned. For example, there are many...
Steps to take after a loved one passes away
The election coverage was missing an important commentator. Then news came at the beginning of this week, PBS NewsHour co-anchor Gwen Ifill had died from complications associated with cancer. Many learned the news through Facebook.Lately, the news of a death spreads...
Part 3: Making updates as business or family needs change
A business is not static. A merger with another company or increase in value as business booms or land prices skyrocket should be a time to review a succession plan. While a child who is a part of the company may have been at the table, other siblings may not...
Fulfilling the duties of a guardian in Colorado
We have posted a lot of information on this blog about the responsibilities of a guardian in the life of an incapacitated person. We recognize that if you have been asked to take on this role you probably have a lot of questions.Under Colorado law, a guardian is a...
Part 2: Analyze and decide on a business succession strategy
In our last post, we discussed some of the challenges that face family businesses when transitioning between generations. Starting the succession planning process is often the toughest step. But failure to do so can limit the odds of continued success.The information...