You have always been a responsible person. You and your spouse did all your estate-planning when your children were small and updated matters accordingly over the years when necessary. But something completely unexpected occurred that set your carefully laid estate...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Month: March 2021
What exactly is “legacy planning?”
Legacy planning refers to planning for leaving behind not only assets and inheritances but also life lessons, personal values and memories. Legacy planning is unique because it involves much more than what you’ve earned and the legal matters that have to be attended...
3 inheritance risks that are higher for kids with special needs
An inheritance can be a wonderful thing to leave for your children and other people you love. However, especially for larger estates, an inheritance can be as much of a challenge as it is a blessing. Anyone might struggle with receiving a significant inheritance after...
Protect your elderly loved one with these 4 tips
Whether your elderly loved one is living at home or in a nursing home, they are going to be exposed to scams and situations where others try to take advantage of them. Unfortunately, it is not uncommon for the elderly to be taken advantage of, so it’s important for...
New parents need to look at their estate plan
Having a new child is a high point in a parent’s life, but it’s also a time when careful planning becomes a priority. One thing that new parents need to think about is their estate plan. Even if they already had one, it will probably need to be changed so that they...
A trustee could abuse their power by hiring friends and family
As the name implies, a trustee occupies a position of trust and authority. They have a duty to the trust itself and its beneficiaries. Typically, the person who creates a trust will name a trustee whom they think is capable of managing the trust. Usually, the person...
How can you prevent people from misusing a power of attorney?
If there is one reason that the average person doesn't have a power of attorney, it is probably that signing away some of their authority makes them nervous. Many people don't like the idea of giving someone else the power and legal authority to make their medical...