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

Estate Planning Archives

Durable powers of attorney affect family dynamics

Family dynamics can play an important role in determining the best way to structure one's estate as the Colorado individual grows older. In some families, conflict is the norm; in others, peace reigns. Additionally, when emotions regarding an adult child's mom or dad become involved, the dynamics can quickly change. As a result, planning for this possibility and establishing durable powers of attorney specifically addressing who should make decisions for the individual can be essential to maintaining family harmony.

Estate planning even for those without apparent heirs

Every day, the typical Colorado resident makes numerous decisions. Some decisions, such as what to have for lunch, are usually minor while other decisions, such as which job to accept, are more significant. Throughout this process, there are also a number of decisions that the individual simply decides not to make. Perhaps the individual is uncertain which decision to make or simply doesn't want to think about the situation. Regardless, some decisions, such as those involved with estate planning, can be costly if not addressed.

Estate planning important to one's financial affairs

Sometimes it is easier to simply ignore the facts. However, while it may appear to be the solution, ignoring one's needs does not typically make them disappear. In fact, many Colorado residents need to establish and/or review their estate planning documents.

Estate planning important for Colorado residents

As one ages, there are many decisions which must be made. Among these decisions, the Colorado resident needs to consider his or her health concerns, family dynamics, and assets. These issues provide the foundation for the various estate planning decisions that need to be addressed.

Estate planning and revocable trusts

Planning for the future is a goal in many Colorado homes. Individuals invest in retirement accounts and purchase life insurance policies. Family homes are taken care of and investment accounts are managed. However, one area that is often overlooked is the need for estate planning.

Estate planning is more than just creating a will

When it comes to end-of-life care, the Colorado resident has several options. The option chosen can be expressly stated as a part of one's estate planning documents. Or, one can simply hope that the ability to make personal decisions continues until the end of one's life.

Advance medical directives part of the estate planning process

Once the will is drafted, many Colorado individuals assume that they have adequately prepared for the future. While this important document does identify how assets are to be divided and who will take care of any minor children, it does not address one's wishes in the event that an illness or injury prevents the individual from making decisions for him or herself. For this reason, advance medical directives should also be drafted for each individual.

The persistence of the woman claiming to be Dali’s daughter

Maria Pila Abel is taking great lengths to prove that her father was a famous surrealist painter best known for The Persistence of Memory, a 1931 classic featuring melting clocks in a desert landscape. Born in 1956, she alleges that Salvador Dali and her mother – who worked for a family near Dali’s Cadaques, Spain, home – had an affair.

Hiding in plain sight: Elderly financial abuse within a family

The elderly are besieged with scams as close as their front doors, particularly over the summer months. So-called window salespeople, alleged stockbrokers, and supposed in-home care “professionals” prey on older people. These unfriendly neighborhood con artists” offer “services” too good to be true.

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