Many people try to establish estate plans that can protect them for years, if not decades. They select personal representatives who are likely to remain healthy well into the testator's golden years. They use broad language when talking about the distribution of their...
Wills
3 issues with relying on a holographic will
Adults who have even a basic will in place have done more planning than most people. It is common for people to procrastinate for decades about estate planning. Most people do not have wills. Any estate planning is often better than ignoring the process entirely....
What is fiduciary litigation?
Fiduciary litigation in Colorado can be a complex legal process, often arising when disputes emerge regarding the actions or decisions of someone entrusted with managing assets on behalf of others. Fiduciaries A fiduciary can include trustees, executors, guardians,...
Careful planning is necessary for sentimental items
Careful estate planning is often necessary for any assets, as it can be complex to pass wealth to the next generation. Estate planning can make this process go smoothly, and it can also lower the odds of a dispute. Disputes are much more common in situations where...
5 fallacies about wills
A will is a complex legal document that outlines many details of what will happen to you and your estate after you pass away or become incapacitated. However, many people have the wrong idea about the finer details of wills. Here are several common myths about wills:...
How does a pour-over will work with a trust?
Having a trust as part of your estate plan is no longer something reserved for the rich and famous. A lot of people are recognizing the value of trusts when it comes to reducing estate taxes, avoiding probate and passing wealth safely onto the next generation. So, if...
How often can you write your will?
There’s actually no limit on the number of wills that you may write in your lifetime. Life can change, and your will should reflect things like births in the family, deaths, the evolution of your personal relationships and the ups-and-downs of your fortunes. It’s not...
Common reasons why your will could be invalidated
A will is an important estate planning tool that outlines your wishes with respect to the distribution of your assets upon your passing. A will safeguards your legacy and ensures that assets are rightfully passed on to the people and causes closest to your heart. This...
What you cannot do and should not do when making your final will
The primary estate planning document – the will – can do many things to give you peace of mind. You can use this legal instrument to provide for your loved ones after you die. Your final will can also ensure care for your minor children through the appointment of a...
Can I pass on my digital assets?
One of the exciting parts of estate planning is thinking about how much your loved ones will enjoy what you leave behind for them. Whether you are leaving behind money or other assets, you know your friends and family will appreciate the support you leave for them....