Vincent, Romeo & Rodriguez, LLC
Denver Metro Office 303-500-5859
Boulder County Office 303-720-7260

October 2014 Archives

Wealthy people aren't the only ones who need an estate plan

We've talked about estate planning on this blog quite a bit, and for good reason. It's an incredibly important topic. You don't want to make mistakes when you are putting together your estate plan, and you need to thoroughly think about who will be your heirs.

Picking an heir (or heirs) is more difficult than you may think

As we have discussed here on this blog, estate planning is a very important process that should begin early in life. The longer you wait to put your estate plan together, the more risk you assume and the more difficult it could be to manage and organize all of the assets you want involved in your estate plan. However, once you put your estate plan together, there is one very important question you will have to answer: who will be your heirs?

Is a trust better than a will?

We have talked on this blog about how an estate plan isn't just one document that contains all of the procedures and steps for handling your estate. To the contrary, your estate plan is made up of many documents that consist of many different elements that are under the estate plan umbrella. Wills, trusts, a Life Care Plan and other financial factors come into play in an estate plan. Knowing how all these things function together and ensuring that they are properly coordinated and executed is what having an estate plan is all about.

Why a Life Care Plan is so important, and how we can help

Many people may not know what a Life Care Plan is, even though they may be able to guess from the name itself. A Life Care Plan is a bit nebulous, but it contains many elements such as estate planning, legal services, asset management and protection and medical aid (including nursing home advocacy and coordination) to ensure that a person, and his or her family, are protected as the end draws near.

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Louisville Office
1805 Hwy. 42
Suite 100
Louisville, CO 80027

Phone: 303-720-7260
Fax: 303-604-6052
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Englewood Office
5460 South Quebec Street
Suite 333
Englewood, CO 80111

Phone: 303-500-5859
Fax: 303-723-8814
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