As people are living longer, due to both healthier lifestyles and medical advances, it is becoming increasingly common that Denver residents find themselves rearing children while taking care of elderly parents. When those elderly parents suffer from dementia related...
Colorado residents who are looking for worthy recipients to list as beneficiaries of some or all of their assets after their death might want to consider the American Society for the Prevention of Cruelty to Animals. It can be especially easy to help animals needing...
When engaged in estate planning, individuals and couples often explore a very wide range of options. While typically they will work with professionals to do the planning, it can help to have some knowledge about the options before discussing them. One option is a...
Everyone in Colorado should have a power of attorney in place, no matter how old they are. That said, elderly individuals are especially in need of a power of attorney for obvious reasons -- they are more at risk of suffering a catastrophic health event that could...
What if you have a loved one who is disabled or unable to care for him- or herself, and you want to make sure he or she is financially taken care of if something happens to you -- or you just want to put aside some money for him or her? This is when you should contact...
Some individuals in Colorado may think of estate planning as something that is only for older people, and this may be particularly true when they consider end-of-life care. However, a catastrophic accident or illness can strike anyone at any time, and a living will is...
A trust may be modified under Colorado law for a number of reasons. Circumstances may change so that the trust no longer effectively carries out the wishes of the settlor. Terminating a trust early or modifying its terms is not generally a simple process. Modification...
There are several reasons why a person may need to have powers of attorney in place. For some people, delegating the ability and responsibility to work on their behalf in a single transaction may necessitate drafting a limited power of attorney for that transaction...
Colorado residents who are new to the subject of estate planning may be interested to learn more about the various kinds of trusts that are available. Trusts fall into two general categories: testamentary and living trusts. A testamentary trust is set up only after...
When someone is granted power of attorney, that person is authorized to take action on behalf of another individual. What a person is authorized to do can be broad or limited in scope. In most cases, an individual is granted the power to make decisions for another...
