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Posts tagged "Powers of Attorney"

2 types of power of attorney that are important

Imagine that you have a family member that is getting very old, and as the years pass by, you can see that he or she just isn't as healthy as they once were. It is a slow, and unfortunately inevitable, decline. Watching them in a hospital bed, you can't help but wonder what they are thinking. Did they want it to end like this? Did they have protections and processes in place to dictate how their medical care should be handled if they become incapacitated?

On the power of attorney and the living will

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" must be given to someone who is, well, an attorney.

How to avoid or solve sibling disputes over the care of a parent

Three Colorado sisters became co-trustees of a family trust when their mother received a diagnosis of dementia. They also had an equal vote when making decisions about her care. Disagreements about the sale of a home resulted in a legal battle. They could also not agree on an out-of-state trip with the mother to visit relatives.

Survey exposes misconceptions about estate planning

The CNBC survey found that more than a third (38 percent to be exact) of families with significant assets did not have an estate plan in place. Why is this? In part, it is because even successful and business savvy individuals can conflate estate planning with tax planning.

Estate planning for same-sex couples in Colorado

This month, the Supreme Court will issue a landmark decision on the legality of same-sex marriage. Surprisingly, a Boulder city clerk issued the first same-sex marriage in 1975. A PBS documentary called “Limited Partnership” recounts the couple’s story and a strange twist that the federal judge who ruled on the legitimacy of their marriage for immigration purposes was Anthony Kennedy – now the swing vote on the nation’s highest court.

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