Planning for a pet can be overlooked in the estate planning process. Here is a question though: Do you know who would care for your dog, cat, horse or other beloved animal? Would this person have the resources to pay for associated costs of care?
What is behind a teenager's sudden refusal to go to school or the unusually "silly" behavior of a pre-schooler? A diagnosis "on the spectrum" at any age often raises more questions than answers. A hoped-for future may start to look different.
Life insurance plays a vital role in many estate plans. It provides salary replacement for a family if a heart attack or tragic car accident takes the life of a breadwinner. These policies may also be a part of a business or ranch/farm succession plan.
In our series on trust basics, we have talked about formation documents as well as the different types of trusts and their purposes. Once you have completed all the up-front work and have a trust, you must fund it.
The names of various trusts may sound like another language. Others may make you feel like you are lost in acronym soup, CRT, ILIT or a TSNT.
Some of the misperceptions about trusts are that they are too burdensome or expensive. In many situations they provide a cost-effective vehicle to plan for the needs of a surviving spouse and smoothly transfer assets to the next generation.
Families have changed since the 1950s when the dream included a stay-at-home spouse and two or three children. Fast forward to 2017 and more variety exists in the shape and size of an ideal family.
Memorial Day is a time to remember those who died serving our country. Its history dates back to 1868 when sacrifices made by soldiers in the Civil War were commemorated. It follows an tradition of decorating (originally called Decoration Day) the graves of loved ones with wreaths, flowers and flags.
They become a part of the family and often stay at home longer than the human children. Whether one of the most popular breeds such as a Labrador retriever, German Shepherd or a mixed rescue, the ASPCA estimates that 44 percent of households have a dog. And cats, bunnies and birds are important members in others.
Individual charitable gifts play an important role for most nonprofit organizations. Luckily people in Colorado are generous. In a 2014 study conducted by the Colorado Nonprofit Association 80 percent reported giving to a charity within the previous year.