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October 2018 Archives

Last minute estate planning can leave door open for dissention

When faced with one's mortality, each individual reacts in a very personal way. Some Colorado residents become reflective and want to review their history. Others think to the future and want to establish ways in which to mold the future for loved ones. With each of these approaches, the individual may wish to revisit his or her estate planning decisions.

Medicaid planning and inheritances

Timing is everything. This is especially true as a Colorado resident considering Medicaid planning. The timing involved in transferring assets, inheriting assets and making purchases can be important factors in estate planning and determining Medicaid eligibility.

Frequently asked questions about Medicaid

Medicaid is a federal benefit program that many people in the United States use. Despite the fact that it is a widespread program, many people do not fully understand how to access it, how to apply or who is eligible.

Planning for the long-term care of your parents

No one likes to think about what is going to happen as their parents grow older, but for most people, doing so is a necessary, if unfortunate, reality. In many cases, the easiest time to begin long-term care planning is early on, when your parents are still relatively sharp and able to clearly express their own wishes and desires.

Major Revisions to Rules for VA Aid and Attendance Benefits

The Veterans Administration has announced new rules for evaluating net worth, asset transfers and income exclusions under the Aid and Attendance program for wartime veterans and their surviving spouses. These changes go into effect on October 18, 2018 so it may be your last chance to plan before that date.

Intellectual property needs to be included in estate planning

It starts as a great idea. Then, with a little bit of effort, the idea turns into something with financial worth. Suddenly, the Colorado resident has an idea, design, artistic creation or other such item that produces income and/or royalties. Amid all of the excitement, the individual does need to think of the future and include this in the estate planning process.

Financial planning is vital to a surviving spouse's future

Whether they live here in Colorado or somewhere else in the country, it is never too late for older couples to prepare for the future. Financial planning is a vital part of preparing for a surviving spouse's future. This will help the one left behind maintain an adequate standard of living.

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    • Super Lawyers
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    • ACTEC | The American College Of Trust And Estate Counsel
    • Top Lawyers 2015 | 5280
    • ACTEC | The American College Of Trust And Estate Counsel
    • Top Lawyers 2015 | 5280
    • Life Care Planning Law Firms Association
    • National Academy of Elder Law Attorneys, Inc
    • NELF | National Elder Law Foundation