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Estate planning is a very personal process, which means that everyone has their own priorities and goals. People have different wishes that depend on their family relationships, religion, political beliefs and personal holdings. Individuals with significant personal...
New parents often have quite a lot to worry about after having a baby. One parent, possibly both, will take a leave of absence from work. That can put a strain on the household finances unless employers provide paid leave. Additionally, needing to provide for every...
Parents work hard to take care of their children. Few work harder than those with children who have special needs. These children grow into adults who will likely need more care and support from their parents compared to their peers. It is common for parents to worry...
Estate planning often carries the misconception that it is solely the concern of the elderly or the wealthy. However, planning for your future financial and health-related decisions does not have a definitive age requirement. In Colorado, the moment an individual...
Having a well-thought-out estate plan is crucial in a world where the unexpected can strike at any moment. It means planning for things like incapacitation - when you cannot make independent decisions regarding your healthcare due to mental or physical limitations....
Married parents and those living together with a romantic partner often recognize how important naming a guardian for their children is. They could experience a simultaneous car crash that leaves the children with no surviving parents. People understand how...
If you have an irresponsible heir, you may be worried that they’re going to waste their inheritance. You’re drafting your estate plan, and you’re thinking carefully about the decades that you have spent saving up these assets. You don’t want to give them to someone...
A power of attorney is a legal designation that empowers someone else to act on your behalf under very specific circumstances. It can be set up so that they have the legal right to make financial decisions, medical decisions and even decisions on behalf of any...
Careful estate planning is often necessary for any assets, as it can be complex to pass wealth to the next generation. Estate planning can make this process go smoothly, and it can also lower the odds of a dispute. Disputes are much more common in situations where...
People can make estate plans in anticipation of their passing. Estate plans help instruct how their assets are handled. An estate plan can help reduce issues for beneficiaries. Are you thinking about making an estate plan? It can help to learn a few facts about...