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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...
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...