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Posts tagged "Estate Planning"

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.

4 reasons your will could cause problems for loved ones

Every adult should have a will as part of their estate plan. Unfortunately, creating a comprehensive will is not a priority for most people. Many people simply put it off or they assume that having a standard, generic will in place will suffice.

Irrevocable trust as an estate planning option

In addition to creating a will, many Colorado residents find that creating trusts may be in their best interests. The will does direct how the individual wishes his or her assets to be dispersed; however, a trust may provide increased benefits such as minimizing estate taxes and shielding assets from creditors. In some cases, adding an irrevocable trust as part of one's estate planning portfolio is desirable.

Addressing a family secret in an estate plan

Every family has their secrets. Years ago, the keepers of these secrets may have passed away without anyone ever learning about the private information. Today, however, it is easier than ever for families to uncover hidden stories thanks to technology like direct-to-consumer genetic testing.

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