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:...
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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....
3 medical decisions you need to address in your living will
A comprehensive estate plan that doesn't just talk about what happens if you die. It also has instructions for medical care in case you become incapacitated. You can authorize someone to handle your finances with a power of attorney and also leave behind instructions...
Why every new parent needs a will
Welcoming your first child into the world is an exciting time. You and your spouse have waited nine long months to meet this special human being. Then those first few weeks after your baby arrives are a bit of blur, between feeding your newborn, changing diapers and...
Nearly 250,000 aging Coloradans lack crucial health instructions
One of the things we must consider as we age is our medical care preferences. Are there procedures or machines we are uncomfortable with? Are there specific treatments we prefer over others?It is possible for anyone to make their wishes known well ahead of time,...
How to make sure a loved one is supporting a legitimate cause
There are many reasons someone would want to make charitable giving part of their estate plan. Not only can it help reduce the tax burden, doing so can leave a positive, long-lasting impact on a community.The unfortunate reality, however, is that there are some people...