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...
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...
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...
A portrait of the late actress Farrah Fawcett, painted by art legend Andy Warhol, has an uncertain fate. Fawcett's will decrees that all of her artwork is to be given to the University of Texas at Austin. However, Ryan O'Neal, her partner for 30 years, claims that...
One of the common questions that many Denver residents have when they are planning their estate is "what should I do about the inheritance I want to leave my children?" Inheritance can be a tricky endeavor because of the taxes and rules that apply to it; but there are...
