Estate Planning

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...

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...

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...

A business could be someone's greatest source of pride, other than their loved ones. They may have dedicated years of their life toward the creation and expansion of a successful business enterprise. When such people start thinking about retirement or even what may...