Given just how important it is to have an estate plan, and given that these estate plans often refer to spouses or children that the testator may have, it raises this simple, but important, question: what do people who have never been married do with their estate...
We've talked about wills quite a bit on this blog in the past few months, and for good reason. A will is an incredibly important document, and everyone should have one. Additionally, there is no age early enough to start considering a will. Your will is the key to...
When it comes to a person's will, administering their estate and dealing with the possibility of probate, there are many legal steps that need to be followed. For example, with a will, a personal representative must be selected by the individual. This representative...
A few weeks ago, we wrote about guardianships and how they play into a person's later years and, indeed, their estate. There is also something called a "conservatorship" which functions in practically the same way as a guardianship. Depending on which state you live...
Utilizing trusts in your estate plan can be a very helpful way to save money and protect yourself (and your loved ones and beneficiaries) from estate taxes. Even though trusts are just a tool to help people building their estate plans, many people may shy away from...
About a month ago, we concluded our three-part series on wills, and the many different situations that can arise with this important document. We talked about the changes you can make to a will; the ways in which you can revoke your will; and the legal challenges that...
When it comes to executing an estate, the tax implications for that estate are going to be important. Now, most estates don't run into the problem of qualifying for the federal estate tax, which sits at $5.43 million for 2015. However, some do, and even if you don't...
Many people in Denver have probably heard the phrases "power of attorney" and "living will" before, but they may not known exactly what these phrases mean. For example, some people may think that a "living will" is the same as a "will," or that the "power of attorney"...
It can be hard to imagine, but if you can, think about your life when you are much older. Picture yourself as a 70- or 75-year-old person and trying to do all of the things that you do today. Some of those things won't be possible anymore, and others still, though...
It's not easy to watch someone you love or care about slip into a state where they are no longer able to perform basic tasks or even make decisions for themselves. These cases can arise when someone suffers from a physical or mental disability, or a serious medical...
