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....
Estate Planning
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...
Who should I talk to about my wishes?
Your will and end-of-life care decisions are undoubtedly private. What you do in terms of your estate plan is up to you, and you should design a plan that reflects your wishes. That said, estate planning and probate do not happen in a vacuum. Other people can and will...
Should I have a letter of instruction with my estate plan?
When you start thinking about an estate plan, it is easy to get a little overwhelmed by all the options and tools available. Further, folks can worry that some of their wishes or thoughts get lost in the legal jargon. If you are in this position and you want to...
Testamentary capacity: What to know about this legal threshold
Cognitive function is an essential element when it comes to creating a legal document, whether a person is agreeing to get married or deciding how to distribute property after death. If someone's mental capabilities are in question, anything he or she signs could face...
