An estate executor has the important job of upholding the estate plan. It may be just a simple will, or it may be a complex plan with numerous assets. Either way, it is the executor’s job to adhere to the wishes expressed in those documents. For instance, the...
There are a lot of myths about estate planning. For instance, some people believe that they can give an oral will and have it hold up in court, but these are not recognized in Colorado. Another common myth is that whatever you write in your will trumps everything...
Aging doesn’t come cheap. And studies have found that it’s only likely to get more expensive. There are many reasons for this, and they’re important to consider for those doing their estate planning and long-term care planning. A strain on...
Life is unpredictable. It doesn't matter how old your company is; you must engage in succession planning. If you don't make plans now, then you could put your Colorado company's longevity at risk. What is business succession planning? Leaders should be...
You have a lot of decisions to make when creating a financial power of attorney, including who you’ll name as your agent. Your agent is the person who will step in and carry out your wishes in the event that you’re unable to do so. Since this is such a big...
Many parents with school-age children look forward to the day their child leaves home and takes responsibility for themselves. However, if your child has a disability, things can be different. There may never be a day when your child can look after themselves. They...
The writer Ralph Waldo Emerson once said, “Money costs too much.” A quick scan of the tabloids or celebrity gossip columns would back him up. They are full of tales of people who inherited vast sums of money, which they did not have the maturity to handle....
There could come a point in your life when you require long-term care, such as at a nursing facility. While you hope to avoid this, it’s something you must plan for nonetheless. Neglecting to do so could leave you, your family and your estate in a bad place....
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...
Becoming a parent for the first time is life-changing. From now on, you need to make decisions remembering that someone is dependent upon you. They will remain so for the next 18 years. As hard as it may seem, you need to plan for the possibility that you might not...
