August 2019 - Skipton Law, LLC
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Month: August 2019

How Do You Terminate A Trust In Colorado?

Trusts allow you, the grantor, to safeguard property for your beneficiaries after you pass away or become incapacitated. With a trust, you can rest assured that you can carry out your wishes for your loved ones after you are gone. You could choose a revocable living trust as part of your estate plan. A revocable … Continue reading

Are You Entitled To Your Biological Parent’s Estate….

Child adoption is a common practice in the United States. Some estimates suggest that more than 265,000 children enter foster care each year. However, adoption does make it more difficult to recover assets from the estate of a biological parent. When a child is legally adopted, parental rights transfer from the child’s biological parents to … Continue reading

Do Millennials Need Estate Planning?

Millennials absolutely need estate planning. Their youthfulness seems to belie the need to consider such an “old person” topic. Millennials are described as physically active, health-conscious, tech-savvy, independent, entrepreneurial, and socially conscious. However, many have also watched parents and older family members struggle from the Great Recession, and are keenly aware that life doesn’t always … Continue reading

Will My Advance Directive Work In Another State?

Making sure your end-of-life wishes are followed no matter where you happen to be is important. If you move to a different state or split your time between one or more states, you should make sure your advance directive is valid in all the states you frequent. An advance directive gives instructions on the kind … Continue reading

New Rule May Make It Harder for Medicare Beneficiaries to Receive Home Care

It may become harder for Medicare beneficiaries to find home health care due to a new rule from the Centers for Medicare and Medicaid Services (CMS). Although the rule changes the way home health care providers are reimbursed, it could affect patient care as well.  Starting in January 2020, Medicare will reimburse home health agencies … Continue reading

Grandparents Raising Grandchildren May Qualify for the Earned Income Tax Credit

Raising a grandchild can be tough financially, but grandparents should be aware that there is a tax credit available that could help them. Working grandparents who are supporting their grandchildren may qualify for the earned income tax credit, which could reduce the amount they pay in taxes by thousands of dollars or allow them to … Continue reading