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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....
Successfully owning and running a business in Colorado depends heavily on contracts. Having solid contracts in place and maintaining good relationships with the people on the other side of the contract keeps your business running smoothly. However, contract disputes...
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...
Broadly speaking, Colorado divorces work the same way no matter what property the couple owns. In other words, the laws about dividing property are mostly the same whether a Denver area couple owns a prosperous business or, rather, just owns a family home and a couple...
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...
If you have a company, you are probably all too familiar with the common phrase, “you can sue anyone for anything.” It almost seems like some people take this as a personal challenge to use the legal system to file lawsuit after lawsuit. However, with our legal...
There are many different places that people can consume alcohol in Colorado and there are times that people consume too much alcohol. People do not always make the best choices when they are intoxicated. One of the worst choices they can make is to drive their...
Parents with a special needs child encounter many difficult choices and considerations. One of the most common, and often a scary issue that parents face is how to provide for a special needs child without impacting or disqualifying that child from his or her...
If you have gone through a divorce, you have a divorce settlement printed and stored in a cabinet somewhere. You may refer back to it for any questions about what was decided. But, are settlements set in stone? Can they be modified for issues like child support?...
Getting divorced can be difficult under any circumstances. But your marriage dissolution can be even more complicated and contentious if your spouse is a narcissist. Narcissism is a mental health condition where an individual has an inflated sense of self-worth and...