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,...
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 isn’t...
Few people are eager to talk about estate planning with their loved ones, particularly aging parents. These are undeniably difficult conversations, fraught with emotion.They are also, however, incredibly beneficial. It’s an opportunity for you to speak openly...
Estate planning is intimidating. Once you start an initial conversation about putting together a plan you may find yourself overwhelmed by all the options to consider. Should you just get a will, or should you consider having a trust, too? What exactly is a trust...
There are many potential benefits to creating a special needs trust for a loved one with disabilities. Not only can it provide funds to ensure that person lives comfortably, it can also help the beneficiary meet eligibility requirements for certain government...
Health problems are not always predictable. Issues can crop up with little warning, impacting both the individual and their loved ones. Sometimes these ailments are quite serious and leave a person unable to communicate for themselves. In these situations, an advance...
Every estate needs a personal representative (also known as an executor). This personal representative might be named in someone’s last will and testament, potentially with a conversation beforehand. In other cases, a court might appoint a personal...
There are many reasons someone would want to make charitable giving part of their estate plan. Not only can it help reduce the tax burden, doing so can leave a positive, long-lasting impact on a community. The unfortunate reality, however, is that there are some...
Remarriage is no longer a rarity. According to statistics from Pew Research, nearly one in every four married people has been married before, up from about one in 10 in 1960. While finding a long-term partner to be happy with is something to celebrate, a remarriage...
For many people, a crucial piece of planning their legacy is helping their loved ones. By passing assets to those you care about, you can continue supporting them long into the future. This plan can become problematic, however, if the person to whom you want to leave...
