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When you’re developing your estate plan and determining how you will provide for your loved ones after you’re gone, don’t forget your four-legged family members. Even if you have adult children or others in your life whom you trust will take them in, that doesn’t...
You know the value of giving someone your medical power of attorney (POA), just in case something happens. If you can’t speak for yourself, you want someone you trust to make any important calls regarding your health. However, you don’t want to make the mistake of...
When many people make an estate plan, they want to make choices about their future medical decisions. Someone who doesn’t want to be resuscitated and put on life support may use a DNR order to accomplish this. It simply tells medical professionals what steps to take...
If you have an heir who is still a minor, and you’re doing your estate planning, you may run into some complications. For instance, you may have substantial financial assets that you want to leave to this individual. But it is clear that they are not ready or able to...
As you create a will, you’re essentially just setting up guidelines for how your assets should pass through probate. This is the process by which they will be distributed to your heirs. This is very simple for some individuals and incredibly complex for others,...
Not all parents choose to talk over end-of-life and estate matters with their adult children. It might make them uncomfortable or anxious, so they never broach the topic. As people age, their medical needs might change, or they may begin experiencing the physical and...
If you have a loved one with special needs, you might worry that you will leave them in a precarious situation when you are gone. For instance, if you bequeath your estate through a traditional will, your loved one may not be eligible for government support programs...
Long-term independence is often the main goal of those thinking about their retirement and golden years in Colorado. Aging in place is often part of the plan, as the people feel more comfortable staying in the same home and have a better idea of how to plan their...
Estate plans can be very unique and can be built in different ways. One person may just have a will, for example, while the other person has a much more complex plan that includes a qualified domestic relations order (QDRO), a trust and power of attorney. It all...
If you don't prepare ahead of time for the experience of growing older, you may end up dependent on other people financially or on a day-to-day basis. It takes considerable advance planning for an adult who is ready for retirement to arrange to age in place in their...