Estate planning is something you may have been considering for quite some time, but you might not know where to begin. This is a common reason people put off estate planning. An estate plan can consist of several different legal documents beyond a will. A trust, power...
The holiday season is here, and there is much to plan and prepare for. Family gatherings tend to spark various questions. Many say to avoid certain topics, as they could the mood away from carefree and joyful. However, some view these gatherings as a perfect...
Transferring real estate to your Trust is an easy process if you know the correct steps to take. This blog is one of three on this process. Transferring real estate typically requires signing a deed to transfer your interest in the property to the Trust and then...
There is always a degree of unpredictability about judges and juries. Even when the overall process is fair, Denver-area residents and businesses can walk away surprised and extremely disappointed about a final decision. Unfavorable court decisions happen even when a...
Creating an estate plan might sound complicated, but it is an essential step for securing the future of your loved ones. However, many people make common mistakes that can undermine the effectiveness of their estate plans. Some of these mistakes can cost them and...
It can be easy to be confused or intimidated by the estate planning process. There are many options to consider and no two estate plans will be the same. In fact, some people probably put off the important task of having a comprehensive estate plan drafted because...
Estate planning can be complicated when you own a construction business. But those matters can become even more complex when you’re in a blended family, as you’ll probably want to find a way to provide for both your spouse and your children from another relationship....
When setting up a trust, one may wonder if the beneficiary of that trust will have to pay taxes on any distribution from said trust. The answer is yes, distributions from a trust are taxed. Your next question might be how are distributions taxed? Well, it depends....
Wills and trusts are often talked about interchangeably; however, there are key differences between the two that it is helpful to understand. Will vs. Trust In Colorado, wills and trusts are both estate planning tools used to distribute assets after a person passes...
In December of 2016, Colorado enacted The End-of-Life Options Act, known to some as the Death with Dignity law. The End-of-Life Options Act (the “Act”) enables terminally ill individuals the right to use prescribed medication to end their lives. Although many...