Most of our closest friendships are with people in a similar age group. With age, the news in 80-year-old and 90-year-old circles becomes who is moving to assisted living, how long a recovery from a stroke will take or when a funeral will take place.A recent New...
It’s not that often that football and estate planning are in the same sentence. But wealthy families are the owners of many of the National Football League teams. With this come succession issues as many owners enter their 80s and 90s. Denver Broncos ownership was one...
For aging singles in Colorado, estate planning may not come into mind as frequently as it would for married couples. And it is not just a myth, Denver has been known for its numbers of single men resulting in a moniker of “Menver.” For singles who have no children or...
Life doesn't stand still, either abstractly or concerning estate matters.The rule of thumb has long been that changes in your family structure trigger the need to review your estate plan to ensure that property will still be distributed according to your wishes. Such...
The sandwich generation refers to those caring for their children/grandchildren and elderly parents. The number of families in this category will likely increase as the baby boom generation ages and millennial couples delay starting their own families.In 2017, the...
Recently, two large chalkboards were propped against the wall next to Purple Door Coffee in the Five Points neighborhood. The question posed was not typical coffee shop fare. Written across the top, the sentence started, “Before I die I want to….”A...
This process is one that few people think about until they have to figure out how to deal with the estate of a loved one. For many this first-time involvement with the probate system illustrates the mess that can be left behind without proper planning.Probate is the...
For those getting a divorce, a beneficiary designation on a life insurance policy is not usually top of mind. And for that reason, states including Colorado, have passed laws that an ex-spouse beneficiary does not receive life insurance proceeds after a divorce unless...
In our post last week, we discussed the acceptance phase when you first learn a child or grandchild has special needs. This post is a reminder on the various tools – both old and new – available to ensure financial resources are in place without affecting government...
It’s not every day that a late-night show takes on the topic of guardianships (in Colorado these are two appointments – a guardian makes decisions about well-being and a conservator handles finances). The Last Week Tonight segment with John Oliver began...
