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Colorado estate plans typically include specific details that reflect someone's family circumstances, finances and health. As an individual's life evolves, they will likely need to go back and revisit their existing documents. Both living documents addressing medical...
It's crucial to create your estate plan earlier - you don't need to wait to own assets worth thousands of dollars or kids. Besides, you can update your plan when circumstances change. But how can you do this? Here are two ways in which you can update your estate plan....
Adding a new child to the family will inevitably mean changes to the financial and legal circumstances of the entire household. Becoming new parents is one of the most common reasons that people start the estate planning process. They want to protect their children...
Estate planning is more than just distributing assets after death—it's about ensuring your loved ones understand your final wishes and access essential information. This is where a letter of instruction plays a vital role. Although not legally binding like a will, it...
It is normal to feel a little overwhelmed by the prospect of attending your first estate planning consultation. After all, you don’t know what to expect or what topics might be open for discussion. You might think bringing one of your adult kids will help you feel...
A living will is one of the most valuable advance directives that people can include in their estate plans, and it is also one that people all too often overlook. They put together a durable power of attorney to name someone to act as their agent and a will...
Many people put off estate planning, and they do it for a variety of reasons. Some find the process to be too complicated and confusing. Others just think that they’re too busy to do it. Still others don’t like having conversations about their own death, so they don’t...
You have probably heard that a living trust offers many benefits. For example, the assets held in the trust typically do not need to pass through the Colorado probate process. Two other benefits include security for you and your loved ones and the flexibility to...
The birth of a child is often the event that incentivizes people to begin their estate planning. They want to ensure that their child will be well cared for if anything were to happen to both parents before the child reached adulthood. A lot can change over 18 years....
One of the most important documents in your estate plan may be your advance health care directive. In Colorado, there’s more than one type of form you can use for this, including a living will. Regardless of the document(s) you choose, it’s crucial that you make your...