This post was inspired by a recent memorial service. The young father was a wild land firefighter - a dangerous profession. You might assume he died in a fire, but that was not the case. A fatal car crash took his life. He left behind a wife and young daughter. Life...
There are so many people all across the country that either don't have a will (or an estate plan) or have an incomplete or insufficient will (or estate plan). That is an unfortunate fact, and it should motivate you to get a will (or complete one), depending on your...
While working on your will, you probably spent time considering who was best suited to settle your estate. You asked the close friend or family member if he or she would act as an executor of your estate. But did you discuss executor fees?This issue received some...
Many people know about wills, and their incredible importance to their estate plan. But you would be remiss if you thought that living wills were the same as a will. One of the differences is in the name: a will takes effect upon death, whereas a living will dictates...
We have talked about trusts quite a bit in the past, and one of the more common (and important) types of trusts is called the "living trust." A trust is an arrangement between the grantor, a trustee and a beneficiary. The grantor gives wealth, assets and/or property...
Whether someone is planning for their later years in life, or they are just trying to strategically place their property and assets in the right place for estate purposes, a trust can help their cause. One common type of trust is the living trust. The living trust...
Imagine that you have a family member that is getting very old, and as the years pass by, you can see that he or she just isn't as healthy as they once were. It is a slow, and unfortunately inevitable, decline. Watching them in a hospital bed, you can't help but...
Utilizing trusts in your estate plan can be a very helpful way to save money and protect yourself (and your loved ones and beneficiaries) from estate taxes. Even though trusts are just a tool to help people building their estate plans, many people may shy away from...
Many people in Denver have probably heard the phrases "power of attorney" and "living will" before, but they may not known exactly what these phrases mean. For example, some people may think that a "living will" is the same as a "will," or that the "power of attorney"...
In our last post, we began a two-part discussion of probate: what it is, how it works and what you can expect if you are involved in the probate process. We also mentioned that probate can lead to some financial costs and fees, which naturally leads to this question...
