Our Centennial Estate Planning Attorney Explains Previous blogs discussed the importance of estate planning. Without an estate plan in place, it may be more difficult to pass along your assets to your loved ones after your passing. An estate plan makes your last wishes known and legally binding. A pour-over will is another estate planning … 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
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
It is a very good idea to create advance directives in order to plan for the possibility that you may one day be unable to make your own medical decisions. In doing so, there can be confusion about the difference between a living will and a “do-not-resuscitate” order (DNR). While both these documents are advance … 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
Paying for day care is one of the biggest expenses faced by working adults with young children, a dependent parent, or a child with a disability, but there is a tax credit available to help working caregivers defray the costs of day care (called “adult day care” in the case of the elderly). In order to qualify … Continue reading
It is easy to become overwhelmed with the sheer number of options when you begin the estate-planning process. If you have very straight-forward wishes for your future estate, choosing a simple will can suffice, but it’s important to know there are alternatives. One other option is to choose a pour-over will. If you choose a … Continue reading
Chances are that your estate plan is going to involve a variety of different documents, but generally speaking, estate plans are centered around one of two different documents: a Will or a Revocable Living Trust. These documents, while similar, can have vastly different uses. Will-based estate plans use the Will as the primary set of … Continue reading
The main purpose of a will is to direct where your assets will go after you die, but it can also be used to instruct your heirs how to pay your debts. While generally heirs cannot inherit debt, debt can reduce what they receive. Spelling out how debt should be paid can help your heirs. … Continue reading
