No one can predict the future, but we can plan for it. For instance, we don’t know if we’ll get in an accident or sick in the coming months or years, but we can put vital protections in place that direct others on what to do if we are incapacitated. One protection is...
Estate Planning
Yes, it could be time to update your estate plan
Creating an estate plan is a crucial thing to check off your to-do list. However, that does not mean your planning is complete for all time. Updating your estate plan periodically is crucial to ensuring your documents align with your wishes as circumstances change. If...
4 goals you can accomplish by establishing a trust
Trusts can be a highly valuable component of an estate plan that you might be overlooking. Too often, people focus solely on their will. And while a will is undoubtedly critical, there are several benefits to reinforcing your estate plan with trusts. Preserving...
What happens to your pet if you get sick or pass away?
Pets are beloved companions to many seniors across Colorado. But what happens to a feathered or furry friend when their owner can no longer take care of them? That decision will depend on the plans a person did or did not make in their care and estate plans....
Are younger adults better at planning for the future?
Every adult should know the value of estate planning. However, not everyone makes a plan, either because they don't know what to do or they think they don't need one. And common misconceptions about not needing an estate plan until you're older or sick keep people...
Is your will going to protect your wishes?
When you are ready to make a will, you should feel confident that it reflects your wishes and will be enforceable. Unfortunately, too many people think they have this type of will, but issues arise after their death, and loved ones wind up fighting each other or the...
What are the different powers of attorney?
Authorizing someone to make decisionson your behalf if you become incapacitated or pass away is a crucial component of an estate plan. When you give someone these responsibilities, you can prevent confusion and conflicts during tumultuous times. When creating an...
Is it time to update your substitute decision-makers?
Giving someone the authority to make financial or personal decisions on your behalf is not a decision people make lightly. People typically want to feel confident that they appoint someone qualified, trustworthy and responsible. Once they name their substitute...
Creating an estate plan that reflects your values, beliefs
Estate planning can be incredibly valuable for financial purposes, from preserving assets to covering long-term care expenses. However, there is more to estate planning than money. An estate plan can also convey a person's beliefs and values. Things like final...
Young and single? You still need to think about estate planning
If you are young, healthy and unmarried, chances are one of the last things on your mind is estate planning. You might assume you have nothing to protect, or you might think that your parents will be able to make any decisions on your behalf if you become...
