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Probate litigation often arises from serious concerns. In some cases, it occurs when family members or beneficiaries of a deceased person believe that the personal representative has not fulfilled their duties. In other cases, parties initiate lawsuits when they...
If you die without a will, the state takes control of who inherits your property, and the result often looks nothing like what you intended. Intestacy laws place your estate into a strict order that favors certain relatives, regardless of your personal wishes. By...
Life can change in an instant. A sudden accident or illness might leave you unable to communicate your medical preferences to doctors and family members. A living will, also known as an “advance directive,” ensures your health care wishes are honored when you cannot...
Blended families can bring unique joys and dynamics that make life richer, but they also add new layers to consider when planning for the future. Whether it’s a second marriage or stepchildren, protecting everyone you love requires thoughtful planning. Estate planning...
When you set up an estate plan in Colorado, you will select someone to be your personal representative. A personal representative, sometimes called an executor, is responsible for overseeing the administration of your estate after you pass away. Identifying and...
Thinking about what will happen to your assets in the future is a key part of securing that financial future. Estate planning allows you to determine how your property will be safeguarded, used and distributed. By organizing these details, you reduce the risk of legal...
Many Colorado residents create their estate plans before retirement, but others choose to wait a while. If you are past retirement age, it is especially important to make sure you have a comprehensive estate plan to address your medical wishes, as well as your...
Most of our readers in Colorado know that for their estate plans to be truly comprehensive those plans must include more than just a will. A variety of other documents will be needed as well, and power of attorney documents can play a key role in any estate plan....
You might breathe a sigh of relief when your estate plan is completed, and you should commend yourself for completing such a large task, but it’s important to recognize that the estate planning process is ongoing. In fact, if you don’t revisit your estate plan from...
If you have assets you would like to transfer to your children, grandchildren, or other loved ones after you pass away, you may consider creating a revocable trust to make the transfer process easier. A trust allows you as the grantor to place certain assets in the...