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...
Regarding estate planning, trusts stand as powerful tools that offer individuals and families a way to safeguard their assets, streamline inheritance processes and oversee the seamless transfer of wealth from one generation to the next. Trusts, when structured and...
Getting married or having a child might serve as a strong motivation to help someone create an estate plan. Other times, it might be career success or the acquisition of certain resources that motivates a young professional to put together an estate plan. All too...
When you’ve worked so hard your entire life, you want to leave as much inheritance as possible to the people you love and care about. And this underpins the essence of estate planning. However, the process of probating estate upon your demise can be quite costly. If...
