There are many benefits of using a living trust as part of your estate plan. Below, our Centennialestate planning lawyer discusses three advantages of a living trust. Benefit #1: Avoid Probate One of the main benefits of a living trust is that your family avoids probate court after your death or incapacitation. Probate encompasses the … Continue reading
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
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
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
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
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
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
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
Prior blogs discussed why you should begin the estate planning process. However, much more can be said about which options you may have available. Depending on your personal situation or wishes, you could use a will or a trust. The Benefits of a Living Trust A living trust is one option you may have for … Continue reading
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
