The idea behind guardianship can be divisive in some circles. There are people, especially those who are older or who struggle with significant health issues, that think of guardianships as unnecessary or even a way for the state, medical institutions or supportive...
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...
As a business owner, one of the major assets that you own is your company. You're making your estate plan and considering what to do with things like investment portfolios, real estate and the physical assets that you own. But you know that you also have to have a...
As you get older, one thing you may want to start doing is planning for Medicaid. Medicaid is helpful for paying the cost of nursing home care and other medical treatments, but you do need to qualify. In order to qualify for Medicaid, you need to have minimal assets...
When the Colorado probate courts appoint a conservator or a guardian, they allow one adult to take responsibility for and control over someone's daily life or finances. Frequently, the person serving as conservator or guardian will have a pre-existing relationship...
It is common for those planning their estates to focus on their death. Creating a will, making burial arrangements and making plans for their personal property will be the biggest priorities when they plan. However, a good estate plan should also cover medical care in...
As you begin to think about developing an estate plan, you realize that you’re leaving your adult child a considerable amount of money and other assets. Whether you’ve accumulated them through hard work and smart investing or been fortunate enough to inherit them from...
The average adult in Colorado knows they might benefit from an estate plan but will continue procrastinating and putting off the actual process of drafting documents. Some people will delay for too long and will experience a medical emergency or die without having...
You know that you eventually need to make an estate plan, but you're not sure when to do it. Maybe you think it's more important later on in life. Perhaps you've never really considered it that carefully before. For whatever reason, you're wondering when the best time...
Powers of attorney are useful protective documents that a surprising number of testators overlook when creating their estate plans. Some people don't think about the risk of incapacitation, while others simply procrastinate about addressing this concern. Those who...
