Is it ever a good idea to give up substantial control of your assets to another person or entity? Well, it all depends on your reasons, and sometimes, it may be the best thing to do -- in the interests of your estate. An irrevocable trust legally removes your rights...
Your advance medical directive is a simple, three-part document that details what you’d like someone to do in the case of a medical emergency. The document lets another person make medical decisions for you and help with end-of-life decisions. In Colorado, your...
The last 18-plus months have caused many Americans to reflect on the importance of being prepared for the worst. Surveys show that more people, especially those in their 30s and 40s, are thinking of doing estate planning. Something they had avoided before and might...
If you are like most adults, then you have a number of bills to pay every month. There is a mortgage or rent payment, a car payment, insurance payments and utility bills. You may also have credit card bills and payments due on other revolving lines of credit that help...
It’s difficult to watch a loved one go without the medical care and services they need -- especially when you realize that they’re in some sort of mental decline due to the ravages of age or disease. In that kind of situation, you may have to step forward and ask the...
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....
When you finally start your estate planning efforts, you will most likely read and hear some terms you might not understand. You may think it does not matter if you do not know what these terms mean, but we believe everyone involved in estate planning should be well...
Estate planning is important for preventing probate and helping a person express their wishes following their death. Estate planning allows them to determine how they want to pass down their assets and to give instructions to those they love. Not all people have...
No one will ever be as fully dependent on you as your companion animals or pets. Young children obviously need the support and protection of parents, but they will mature out of that need and move on to live independent lives eventually. Your pet will never be able...
Cryptocurrencies like Bitcoin or Dogecoin are popular as an investment opportunity. Generally, it is a secure way to pay for goods or services, and companies are increasingly accepting cryptocurrency as a form of payment. If you already own or want to invest in...
