A family's financial picture can look very different a few years after welcoming a child. What started as a modest savings account may now include a house, college funds, life insurance and investments intended to support the next generation. But building those...
Estate Planning
3 assets your will may not control
You write a will to make sure your property goes to the people you choose. But an old life insurance form might name someone else, even if your will says otherwise. The same issue can affect other assets you own. Certain jointly owned homes, accounts with named...
Protecting your Colorado mountain home with estate planning
Your Colorado mountain home is more than just a building. For many families, it holds cherished memories and serves as a valuable financial asset. Because it is so important, this legacy home needs special legal protection. Protecting your property may require a...
3 business assets to include in your estate plan
Business owners often think about passing along the business itself, but some of the most valuable assets are easier to overlook. A complete estate plan should account for more than ownership alone. Here are three assets you should not leave out when reviewing your...
How to choose a guardian for your minor children
Choosing a guardian for your minor children can feel like the hardest part of estate planning because it forces you to imagine a future no parent wants to face. You are choosing the person who may guide your child through grief, daily routines, school decisions and...
3 challenges that made it hard to discuss your will with family
Planning for the future is never easy, especially when it involves conversations about what happens after you are gone. If you have been putting off discussing your will with your family in Colorado, you are not alone. Many people struggle with this important...
3 ways writing a will in Colorado can support your family
When you think about estate planning, you might wonder how creating a will could benefit those you care about most. In Colorado, taking the time to draft a will may provide meaningful support for your family during difficult times. Providing clarity during a difficult...
The 5-year countdown: Is your business ready for your retirement?
Five years might feel like a long runway, but in the world of legacy planning, it is the critical “golden window.” This is the period where retirement transitions from a distant thought to an exciting reality within reach. For a Colorado business owner, these final...
Can you leave your vacation home to your children in a trust?
You may wish to preserve your vacation home within your family, wanting your children and their families to enjoy the property for years to come. This may prompt you to consider whether a trust can accomplish that objective. In Colorado, trusts can hold real estate,...
Future-proofing: 3 ways you can protect your newborn
Welcoming a baby into your life brings immeasurable joy, but it also comes with a new set of responsibilities. As a new parent, you naturally want to protect your baby from harm, not just physically but also financially and legally. Planning ahead can give you peace...