As we get older, our love for certain causes or philanthropic groups often grows. It’s possible to turn this passion into a key piece of your estate plan, ensuring you leave a lasting impact in a space you care about. There are even ways to do this that can provide...
Compassion, talent and dedication:
guiding colorado families and Their Trusted Advisors During Times of Need
Month: February 2020
When is password sharing a good thing? During estate planning.
Managing finances has become a predominantly digital endeavor. We access our bank accounts through apps, check retirement accounts online, handle bills through autopay systems, save important records on hard drives and use third-party programs to move funds...
Bequeathing a home for children? Consider the following.
Homeowners will likely, at some point during home ownership, discuss the future transfer of their property. When it comes to this form of estate planning, different options can have different consequences. The following will focus on some of the more common tax...
Gray divorce and estate planning: 3 considerations
The divorce rate amongst those over the age of 50 is on the rise. This poses a unique set of issues, including the impact of the divorce on estate planning. Three specific ways divorce can impact estate planning considerations in these situations include: Contention....
What happens if you die without a clear estate plan?
Putting together an estate plan can help to reduce the risk of conflict when it comes time to manage a loved one’s estate. The creator’s plan can provide loved ones with guidance on the distribution of the assets within the estate.But what happens when...
Nearly 250,000 aging Coloradans lack crucial health instructions
One of the things we must consider as we age is our medical care preferences. Are there procedures or machines we are uncomfortable with? Are there specific treatments we prefer over others?It is possible for anyone to make their wishes known well ahead of time,...
Revisit named beneficiaries on accounts payable upon your death
Part of a comprehensive estate plan is coordinating your account beneficiary designations with your will, trusts, gifting and other estate planning techniques. In other words, when you do your 2020 estate plan checkup, you and your attorney should sit down and look...
CO doesn’t have an estate tax – but you still need to plan ahead
Many people involved in the planning of an estate share a big concern: taxes. After a lifetime of earning assets and building a valuable estate, how large of a bite might the Colorado government try to take? Well, there is some good news.Colorado’s estate tax...
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