No one can predict when a serious illness or injury will strike. A neighbor had a heart attack at 40 - she was fortunate to recognize the symptoms and get help. Another neighbor who just celebrated his 80th birthday is still recovering from a debilitating stroke. Look...
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...
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...
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"...
Three Colorado sisters became co-trustees of a family trust when their mother received a diagnosis of dementia. They also had an equal vote when making decisions about her care. Disagreements about the sale of a home resulted in a legal battle. They could also not...
The CNBC survey found that more than a third (38 percent to be exact) of families with significant assets did not have an estate plan in place. Why is this? In part, it is because even successful and business savvy individuals can conflate estate planning with tax...
This month, the Supreme Court will issue a landmark decision on the legality of same-sex marriage. Surprisingly, a Boulder city clerk issued the first same-sex marriage in 1975. A PBS documentary called “Limited Partnership” recounts the couple’s story and a strange...
A recent New York Times article sums it up nicely – one of the first skills to go is the ability to handle financial matters. With age comes a greater risk of making costly mistakes or falling for financially abusive schemes. Recent census data indicates that about 45...
As difficult as it is to imagine, there might come a time in your life where you are unable to make important decisions on your own. This might be because of a sudden traumatic accident, or because of a slowly progressing condition like Alzheimer’s or dementia....
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...
