Did the last year feel like it went fast? Imagine how quickly the next might pass. With age, time can have the tendency to accelerate.Yet certain things remain on the back burner. Scheduling an appointment to create or review an estate plan might be right up there on...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Month: December 2018
Estate planning can be a gift to your surviving loved ones
As a country, we tend to avoid talking with our loved ones about the inevitable: our deaths. As 5280 Magazine recently put it, “we … tend to separate ourselves, emotionally and physically, from both the ugliness and the beauty of our inevitable...
Keep the promise or get appropriate memory loss care
The conversation could come up while visiting with an aging parent over the holidays. Your 85-year-old mother or father might acknowledge slowing down, but then ask you to promise never to consider a nursing home. Many elderly individuals are adamant they would rather...
Survey of older Coloradans fosters understanding of their needs
The National Research Center’s 2018 Community Assessment Survey of Older Adults was recently released, providing detailed responses that inform us about the needs and strengths of our Colorado elders. Key players like local government bodies, nonprofits, private...
Psychiatric advance directives: Is there a Colorado equivalent?
Mental illness spans a continuum and reaching the right diagnosis and mix of medications can take years. Some who struggle with bipolar disorder, schizophrenia or severe depression, to name a few, recognize the symptoms of an oncoming mental health crisis and check...
IRS clarifies characteristics of ABLE accounts after tax reforms
On December 4, the IRS issued a Newswire about new ABLE accounts that benefit adults with disabilities and changes from recent federal tax reform. In September, we posted a blog about ABLE accounts, explaining that they were created as a vehicle for saving money to...
Relative or professional trustee: What are the pros and cons?
When setting up a trust – whether a special-needs trust for a child or a testamentary trust – deciding on the right trustee is crucial. When your will leaves money or property to a trust, your estate personal representative will transfer those assets. But then, his or...