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Category: Trusts

How to Set Up a Revocable Living Trust in Colorado

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Our Centennial Living Trust Attorney Explains the Basic Steps We recommend making sure you have an estate plan or updating your estate plan if needed due to the current COVID pandemic. A revocable living trust can help settle your affairs when you pass away. Specifically, a revocable living trust lists properties and assets assigned to … Continue reading

Revocable vs Irrevocable Trusts

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Our Colorado Estate Planning Attorney Explains the Differences Estate planning can be a confusing process because there are often multiple options you can choose from. There are different types of trusts you can use to pass down properties and other assets to your beneficiaries. You can use trusts to keep your estate out of probate … Continue reading

Terminating or Contesting a Trust in Colorado

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Trusts can help your family avoid Colorado probate court after you pass away or become incapacitated. With a revocable living trust, you can designate which assets to pass along to specific beneficiaries. If you did not establish a trust, then Colorado probate court may determine how your descendants receive assets from your estate. While trusts … Continue reading

How Long Will It Take For My Heirs To Receive An Inheritance After I’m Gone?

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Centennial Estate Planning Lawyers Can Help No one likes thinking about their own death. However, planning for the inevitable can give you peace of mind now, knowing that your property, your assets, and your loved ones are well cared for. Colorado’s estate laws give you the tools you need to protect your loved ones and … Continue reading

Special Needs Trust Planning Success Story

A person who was referred by their neighbor who is an individual with special needs recently called our office.  The person’s son had special needs and the family was hoping to qualify him for public benefits (such as Medicaid and SSI), when they passed away.  The family attended a special needs trust workshop that we … Continue reading

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

Tips on Creating an Estate Plan that Benefits a Child with Special Needs

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Parents want their children to be taken care of after they die. But children with disabilities have increased financial and care needs, so ensuring their long-term welfare can be tricky. Proper planning by parents is necessary to benefit the child with a disability, including an adult child, as well as assist any siblings who may … Continue reading

Using a Donor-Advised Fund May Be a Way to Get a Charitable Tax Break Under the New Tax Law

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Donor-advised funds are a growing trend in giving that may get more popular due to the new tax law. These funds allow you to donate money, receive a charitable tax deduction, and continue to grow the money until you are ready to distribute it to a charity or charities of your choice.  A donor-advised fund is … Continue reading