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...
Estate Planning
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...
Is it time to update your estate plan?
There are important things every adult should have, and that includes an estate plan. Those who take the time to complete planning for end-of-life or long-term care, asset distribution and decision-making authority are doing a valuable service to themselves and their...
What is an estate, and why does it need protecting?
On this blog, we often examine topics regarding people's estates. We explore estate planning strategies and explain estate administration tasks. However, without a solid understanding of what your estate is in the first place, you may not know what you have or why you...
4 mistakes to avoid when creating a trust in Colorado
Trusts can be a critical part of an estate plan. People create trusts for various reasons, including probate avoidance, shielding assets, protecting young or disabled beneficiaries, reducing estate taxes. Whatever reasons you may have for wanting to include a trust in...
Determining if you can and should contest a loved one’s will
There can be a lot happening in the days and weeks following a loved one's passing. There may be calls to make and a funeral to arrange; people are coping with grief and loss; there may be traveling and moving to coordinate.Adding in the complexity of the legal...
Make these medical decisions so your loved ones don’t have to
If you fall seriously ill, loved ones can often be battling confusion, grief and fear. Under these conditions, it can be incredibly difficult to make decisions regarding a person's medical care.To ensure your spouse, children or parents do not wind up in this...
