Prior to the 2017 Tax Cuts And Jobs Act (TCJA) these administrative expenses generally fell into the miscellaneous itemized deduction bucket. The TCJA suspended miscellaneous deductions until Jan. 1, 2026. This had created uncertainty about whether an estate, a...
At our law firm, we provide estate planning advice and services to Colorado clients at all levels of wealth, but for those at upper tax brackets, it is important to evaluate if and how federal gift and estate taxes could impact choices to make lifetime gifts as well...
Investing in individual stocks can diversify your financial portfolio. Warren Buffett’s four principles are to look for shares in a business you understand with good long-term prospects, operated by competent and honest people and at an attractive price.This...
In the past week, we have talked about the power of attorney as a component of your estate plan, including what to look for in choosing your agent and his or her legal duties. Today, we will discuss the kinds of powers and responsibilities you can delegate to your...
Today we continue our discussion of the financial power of attorney in Colorado estate planning. Specifically, we will touch on what is important to consider as you decide whom to name as your agent. For many people, a spouse, other family member or close friend...
At & , LLC, we sit down with Colorado clients to learn about their concerns and goals for financial security during their lives and the financial protection of their loved ones now and into the future. Under...
Philanthropy is a part of our culture. Last year, it surged past the $400 billion mark for the first time. According to the Giving USA Foundation, a 5.2 percent year-over-year increase resulted in charitable organizations receiving about $410 billion. While the...
At our Colorado law firm, our attorneys act when appointed by courts throughout the state as guardians ad litem in court proceedings involving vulnerable individuals like children, people with intellectual disabilities and incapacitated persons of any age, including...
The Colorado probate courts can expedite guardianship proceedings in emergency situations. In these cases, the emergency guardian appointment cannot last more than 60 days.A temporary (emergency) guardianship can be converted to a permanent guardianship, but service...
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...
