When a loved one is aging or battling an illness and needs additional help, Colorado law provides numerous legal avenues for support. Among these options is conservatorship, a role that requires appointment by the courts.A conservator is, broadly speaking, legally...
Since March, when Americans started taking safety precautions to prevent the spread of the coronavirus, many business and personal interactions have moved online to minimize face-to-face contact. Many states – including Colorado – reacted by issuing...
Just about everybody owns an account or policy that requires a designated beneficiary. Such a designation allows you to choose who receives the funds upon your passing. Importantly, these assets then don’t go through the often-complex probate process.While this...
“Say hello to the girl that I amYou’re going to have to see through my perspectiveI need to make mistakes just to learn who I amAnd I don’t want to be so … protectedThere must be another wayCause I believe in taking chances …But my life...
Business owners often face a bit of a dilemma. They can’t imagine themselves no longer being involved in the company and are reticent to hand the reins to someone else. Still, they want to see their economic legacy continue long into the future, supporting generations...
While caught up in divorce proceedings, it is easy to forget the importance of updating your estate plan. While it is likely that your spouse was the main beneficiary and fiduciary (person given legal responsibilities in your affairs) in your estate plan, it is...
By the time most of us reach the estate planning stage of life, the idea of putting money toward college savings is a distant memory. However, for individuals with young family members, such as grandchildren, this is worth reconsidering.The 529 college savings plan is...
When a loved one is diagnosed with dementia, your priorities change. Life becomes about supporting that individual to the best of your abilities, making sure they remain cared for, loved and protected. As the dementia progresses, your role may grow. Preparing for this...
A key decision when writing a will is the choice of who will serve as the personal representative of your estate after your death. The role of the personal representative – also called an executor – is to administer your estate, including wrapping up your...
Estate planning is beneficial for every individual. But the more assets you own, the more important it is to take a proactive approach. From tax obligations and probate, to medical decisions and family dynamics, estate planning provides loved ones clear answers to...
