What do a collection of Christmas ornaments, hand-written recipe cards, a set of Flow Blue china, a grandfather clock or a piece of costume jewelry have in common? They may carry sentimental value. Many couples overlook these items during the estate planning...
Recently, media outlets published that Francis Bean Cobain - the 25-year-old daughter of Nirvana's Kurt Cobain - receives about $100,000 a month from a trust funded by her father's publicity rights. Her father died without even a simple will. Intestacy laws dictated...
What is included in a loved one's estate? Often you have no idea unless listed as the personal representative in a will or appointed to wind down an estate by the probate court.Some property is not difficult to identify (i.e. the home that a parent owned, vehicles, a...
Marco Chayet, a founding partner of LLC, and the Chair of NextFifty Initiative, was proud to participate in this week's announcement by Gov. John Hickenlooper and Lt. Gov. Donna Lynne that Colorado has received a grant to fund a senior...
In estate planning, probate, guardianship and conservatorship, Colorado courts and individuals appoint people to positions of responsibility, care taking and decision-making. Examples of fiduciaries are personal representatives, trustees, guardians, conservators,...
In Colorado, conservatorship allows a conservator/fiduciary to handle the financial matters of an incapacitated person, the protected person.A conservatorship and guardianship (related to living arrangements, daily needs and health care) are common for a minor child...
The general rule is that each party pays their own attorney fees. There are, however, exceptions.Most notably, if the judge rules in your favor you might be able to ask that the other person pay your legal fees and other litigation costs. There is a caveat; you need...
Wrapping up someone's affairs after he or she has died is a complicated responsibility that falls to the person who is appointed by the court to be personal representative of the estate. One of the main duties of the personal representative in most situations is to...
Serving as the executor of an estate is a privilege often extended to a trusted friend or relative. But the privilege comes with considerable responsibility and involves numerous tasks that can go awry.When can an executor (called personal representative in Colorado)...
Here at & , LLC, we help clients at every stage of the estate planning and probate process. For example, we help them write wills and trusts to determine who will receive their property. We also assist...
