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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...
Some people in Colorado can take control of their legacies with a simple will. They don't need an assortment of different documents as long as they have a valid will on record. Wills allow people to choose their own beneficiaries and outline what resources different...
As you plan for your family's future, one of your most crucial decisions is going to be choosing a guardian for your minor or otherwise dependent children. This choice can profoundly impact their lives if the unthinkable happens. Failing to appoint a legal guardian in...
Business contracts exist, in no small part, to clarify agreements. Both parties signing a contract generally set terms that they feel are important. Business contracts may outline the expectations in an employment arrangement. They could lock in prices and delivery...
If you’re a parent of a child with a significant disability, planning for their long-term care is likely one of your top priorities. Among your priorities should be helping to ensure their continued access to government benefits and supplementing their financial...
Those who have created estate plans are already ahead of the average person. A large portion of the adults in the United States do not have any estate planning paperwork in place. They leave everything to chance and the opinions of the courts when they die. Those who...
New parents are often acutely aware of how vulnerable their children are. An infant needs a parent for everything from nutrition to hygiene. Even grade-school children are quite dependent on their caregivers. A minor child is in a very vulnerable position if their...
The years leading up to retirement are often when adults start thinking about their legacies. Even those who have never bothered with estate planning before may decide to draft documents when they know they may soon leave the workforce. The need to live on a fixed...