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Estate Planning Archives

Flexible estate planning works for the benefit of all

People over the age of 60 are becoming the fastest growing age group in Colorado and around the rest of the country. As this age group gets older, estate planning becomes an important consideration. There are many facets to estate planning and it is not a one-size-fits-all proposition. If an older couple has a complicated estate that includes blended families, minor children and significant assets, trusts may be a good option.

Do Americans really care about estate planning?

In 2016, WealthCounsel, an estate planning and guidance company, conducted a study to understand what Americans really know and what they think about estate planning. The most common response, by over half of the respondents, believed estate planning is only for the wealthy and isn't necessary for the everyday American.

Estate planning biggest mistake is failure to make a plan

People undertake projects every day. Some are completed successfully and others not so much. Of the failing projects it is often said that mistakes were made. People in Colorado are not immune to failure and a project where mistakes can happen is in estate planning. A basic understanding of what a plan should aim to accomplish can help avert mistakes.

Estate planning tips for retirees

Transitioning to retirement can be the fulfillment of a lifelong dream for many Coloradans, but it can also be a stressful time. There are many legal considerations you must make to prepare for this new chapter in your life as well as for those you love.

Elder law planning can allow for a more peaceful life

Americans are living longer and healthier lives. But no matter how hard a person works to delay the onset of old age and preserve one's health into later years,  at some point, most people will require some form of assistance. One aspect of elder law in Colorado and across the country is to plan for possible disability later in life.

Estate planning wise after an Alzheimer's diagnosis

Having a loved one with Alzheimer's disease can be difficult. Though many people in Colorado and across the country receive this diagnosis, the progression of the disease and the way it affects each individual can differ. In any case, it is wise for families to consider their estate planning options after learning this news.

Durable powers of attorney allow individuals some control

Control is an essential element for many Colorado residents. They want to control their environment, their day-to-day activities and even their destiny. While it is not possible to have control over all future events, there are some areas you can. By planning ahead and appointing someone to hold durable powers of attorney, individuals can still maintain some control in case they become ill or incapacitated and are no longer able to make decisions for themselves.

Estate planning lessons learned from Aretha Franklin's estate

Once the dust settles and the family begins to accept the fact that their loved one  has died, the next step often is to begin the process of settling the estate. Hopefully, the Colorado resident left a will and other relevant estate planning documents in a readily accessable location. Unfortunately, this is not always the case, and the family must begin and extensive search for the important documents.

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Louisville, CO 80027

Phone: 303-720-7260
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    • Super Lawyers
    • Super Lawyers
    • 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