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...
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Powers Of Attorney
Powers of attorney in Colorado
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...
Defining power of attorney for Colorado residents
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...
What “hot powers” does a power of attorney confer?
For Colorado residents planning their estates, there may be concerns about empowering a representative to make certain legal or financial decisions as needed under certain conditions. While a power of attorney is used to designate such a representative, the type of...
What are the types of power of attorney, and how do I get one?
Many Denver residents may be aware of the need to plan their estates, but may not understand how the process works. For instance, you may be wondering what power of attorney is and how you might go about getting one. In general, power of attorney allows a designated...
Getting your affairs in order with a medical power of attorney
An often overlooked but vital part of estate planning concerns making decisions about end-of-life matters. Facing one's own mortality makes many Colorado residents and others uncomfortable. But leaving matters to chance can place you in an extremely vulnerable...
Have your elderly parents designated their powers of attorney?
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...
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...
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...