As we get older, our love for certain causes or philanthropic groups often grows. It’s possible to turn this passion into a key piece of your estate plan, ensuring you leave a lasting impact in a space you care about. There are even ways to do this that can provide...
More Than 20 Years Of Serving Colorado Families And Businesses In Times Of Need
Trusts
Bequeathing a home for children? Consider the following.
Homeowners will likely, at some point during home ownership, discuss the future transfer of their property. When it comes to this form of estate planning, different options can have different consequences. The following will focus on some of the more common tax...
Should you get a trust in 2020? 3 FAQs to help you decide.
Estate planning is intimidating. Once you start an initial conversation about putting together a plan you may find yourself overwhelmed by all the options to consider. Should you just get a will, or should you consider having a trust, too? What exactly is a trust...
Inheritance and creditors: How to help protect your loved ones
For many people, a crucial piece of planning their legacy is helping their loved ones. By passing assets to those you care about, you can continue supporting them long into the future. This plan can become problematic, however, if the person to whom you want to leave...
Part II: Is a living trust right for you?
As regular readers of our Denver estate planning and elder law blog know, we recently dove in this space into the subject of living trusts. A living trust can be the perfect way for many to not only protect their assets while they are alive, and then pass those assets...
Part I: Is a living trust right for you?
One of the very first and most important things you do when creating an estate plan in Colorado is to identify your goals. For many, the goal is two-pronged: they want to protect their assets while they are alive and they also want to pass on assets when they die....
Revisiting Colorado special needs trusts
March 21, 2019, is World Down Syndrome Day, followed by World Autism Awareness Day on April 2. According to the CDC, almost 17 percent of Colorado adults have some kind of disability and 7.7 percent of adults have cognitive impairments. The bottom line is that many...
Caring for Fido if you become incapacitated or after your death
Dogs, cats and other companion animals are important members of many Colorado families. Beloved pets also commonly provide companionship and meaning in the lives of elders. Those who love their furry family members should be aware that they can take legal steps to...
The living trust as a Colorado estate planning tool
At our law firm, we use a full range of estate planning tools to customize estate plans for the needs and goals of everyone we represent. One important tool to have in the toolbox is the revocable living trust, called an RLT for short. The main reason people use RLTs...
Unanticipated medical expenses and estate planning: 5 FAQs
Being retired and having assets to pass along is fortunate. But large, unexpected medical expenses can really start to drain even the most well-managed wealth. What steps should you consider in order to prevent this from happening? In this post, we will use an FAQ...