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The good old pen and paper always seem reliable, especially when you want to keep important details to yourself. You might even have a handwritten will already written, tucked away somewhere. But is it legally valid in Colorado? What is a handwritten (holographic)...
You’ve worked hard to build a life you’re proud of. Naturally, you want to protect what you’ve earned and make things easier for your loved ones. If you live in Loveland or the surrounding area, you might have considered handling your estate planning by yourself....
Testators establishing estate plans often enjoy contemplating how an inheritance may benefit their loved ones. They might picture their grandchildren paying off their student loans or using their inheritance as a down payment for a home, for example. Many people...
People establishing estate plans have to make many significant decisions. People have to select their beneficiaries and decide what assets they should inherit. They also have to choose people to hold positions of authority. The executor or personal representative of...
People create and fund trusts for a broad range of different reasons. Some people want to provide practical support for a loved one with special needs or substance abuse issues. Others want to protect their assets from liability. There are many important decisions...
Many people begin estate planning because they want to protect their loved ones. For others, concern about their resources could inspire them to create or adjust an estate plan. Those who have started, purchased or inherited a business or professional practice may...
When creating an estate plan, most people focus on wills and trusts, assuming these are the only documents needed to secure their wishes. However, adding powers of attorney (POA) to your estate plan may be just as important, as they can offer protection for your...
There are many financial details that people may need to consider when planning their estates. For example, those who have beneficiaries with special needs may need to take steps to help them maintain certain state benefits. A lump-sum inheritance could make an...
Some people justify their estate planning procrastination by pointing to intestate succession laws. There are state statutes that determine how the probate courts distribute property when an individual dies without a will. In theory, intestate succession laws help...
Personal values and family relationships can influence the type of legacy one person hopes to leave when they die. For some people, a simple will is all they really need to express their wishes. They may have only one or two beneficiaries and limited resources. For...