Having a well-thought-out estate plan is crucial in a world where the unexpected can strike at any moment. It means planning for things like incapacitation - when you cannot make independent decisions regarding your healthcare due to mental or physical limitations....
Married parents and those living together with a romantic partner often recognize how important naming a guardian for their children is. They could experience a simultaneous car crash that leaves the children with no surviving parents. People understand how...
If you have an irresponsible heir, you may be worried that they’re going to waste their inheritance. You’re drafting your estate plan, and you’re thinking carefully about the decades that you have spent saving up these assets. You don’t want to give them to someone...
The probate process in Colorado largely depends on the terms that someone includes in their will or other estate planning paperwork. Someone's testamentary documents can grant assets to specific beneficiaries and provide support for dependent family members, including...
A power of attorney is a legal designation that empowers someone else to act on your behalf under very specific circumstances. It can be set up so that they have the legal right to make financial decisions, medical decisions and even decisions on behalf of any...
Careful estate planning is often necessary for any assets, as it can be complex to pass wealth to the next generation. Estate planning can make this process go smoothly, and it can also lower the odds of a dispute. Disputes are much more common in situations where...
The law in Colorado allows those concerned about the well-being of an older adult to go to court and request either a guardianship or a conservatorship. A guardianship allows one adult to assume legal responsibility for the daily life of another adult, a choice which...
People can make estate plans in anticipation of their passing. Estate plans help instruct how their assets are handled. An estate plan can help reduce issues for beneficiaries. Are you thinking about making an estate plan? It can help to learn a few facts about...
Trusts can play a vital role in estate planning. As they do not pass through probate the beneficiaries of the trust can receive anything in them far faster. If of course, you want them to receive things straight away. How and when a trust gets distributed depends on...
All of us at Chayet & Danzo, LLC, are thrilled to congratulate attorney Marco Chayet for his recent accolade. He is the most recent recipient of The John J. Campbell Award, considered the highest honor for elder law in Colorado by the Colorado Bar Association. The...
