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Posts tagged "Financial Planning"

The well-written will

Even now, a will is still one of the best ways to ensure that the wishes you have for your estate and belongings are carried out properly. While many times people that are interested in writing a will tend to use pre-formatted versions, all well-written wills start the same, with a complete and accurate list of belongings, assets and debts.

What is life care planning and how can it help me and my family?

In preparing for the future, it can be difficult to know exactly what to plan for, so most people will make sure the basics are covered. Many Colorado residents know it is a good idea to have retirement accounts in place, estate plans completed and wills prepared. However, few may consider or even know about life care planning. In this article we'll discuss what life care planning is and how it can help you and your family.

Is a trust better than a will?

We have talked on this blog about how an estate plan isn't just one document that contains all of the procedures and steps for handling your estate. To the contrary, your estate plan is made up of many documents that consist of many different elements that are under the estate plan umbrella. Wills, trusts, a Life Care Plan and other financial factors come into play in an estate plan. Knowing how all these things function together and ensuring that they are properly coordinated and executed is what having an estate plan is all about.

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