Whether you see your parents once or twice a week or only once a year, if you are in your 40s or older, chances are that you are subtly evaluating them for the inevitable signs of aging and decline. Since many elderly parents try to mask any evidence that they are...
Estate Planning
Sterling’s mental status may allow family trust to sell Clippers
The recent brouhaha over Donald Sterling, billionaire owner of the Los Angeles Clippers, may be of interest to Denver residents, especially those who follow basketball. He has been known to walk around the house nude in the presence of others, make racist remarks and...
Colorado residents should have these four documents
Colorado residents should all have four basic documents in place in case of serious injury, sickness or death. A will is necessary even for people without a lot of assets to leave. If you have minor children, you need to specify in your will who is to have both...
What kind of trust is best for your needs?
Colorado residents who wish to preserve their legacy for generations to come may have concerns about the financial savvy of their designated heirs when it comes to asset management over time. Sometimes legatees mismanage funds through financial ignorance, while others...
Financial advisers needed for the middle class in Colorado
Sometimes it seems that it you're not already wealthy, there are not a lot of investment firms willing to devote the time and manpower into helping your portfolio grow. But recently there have been a plethora of new players on the scene that can help Colorado...
Avoid family conflicts with power of attorney and living will
According to several recent surverys, only about 33 percent of people in the U.S. have a living will or medical power of attorney. These estate planning documents detail what medical care you want to receive in cases of serious or terminal illness or catastrophic...
Paul Walker’s estate points out advantages of trusts
The death of famous actor Paul Walker in November of last year was a tragedy that left fans of his movies devastated. While there are often many lessons that can be learned from tragedies such as this, an important but possibly overlooked lesson includes how the...
Why Coloradoans should take control of their end-of-life care
Talking with loved ones about your end-of-life wishes is perhaps one of the most uncomfortable conversations a person could have. However, the tragic story of a 13-year-old girl recently being declared brain dead has captured national attention and has caused many...
Decanting may make it easier to change an irrevocable trust
An irrevocable trust has long been known to be challenging to change, even if it is the trustee wanting to do the changing, but they are still used because of the tax advantage. Decanting a trust provides one solution by letting the trustee move the assets from the...
Be sure to coordinate your estate planning documents
The instruments of a good estate plan may be interrelated in several different ways. Estate planning elements such as powers of attorney, living trusts and death beneficiary forms often contain conditions that affect one another. If these elements are not in harmony...
