Wills and Trusts
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Tag: Wills

Our estate planning law firm can help you understand the importance of wills in your estate plan and how to create one. Call us today to set up a consultation for more information.

What Is the Estate Planning Process?

Our Centennial Estate Planning Law Firm Discusses the Process   Estate planning is a legal process where you designate who will receive your assets and handle your affairs after death or incapacitation. By using an estate plan, you can determine how your loved ones receive your assets. You can also assign a person to make … Continue reading

Why Is Estate Planning Important?

Our Centennial Wills Lawyer Explains the Importance of Estate Planning Life circumstances can change at any moment. You could suffer illness, injury or death with little or no warning. If anything, 2020 was a wake-up call that personal catastrophe could be just around the corner. An estate plan can be beneficial for you and your … Continue reading

Five Asset Protection Tips for 2021

Our Asset Protection Lawyers Can Help With Estate Planning Virtually everyone is excited about 2020 finally being over. As we head away from that disastrous year into 2021, it is important to ensure that our finances and legal affairs are in order. Last year showed us that life can throw curveballs without any warning. Many … Continue reading

How to Set Up a Revocable Living Trust in Colorado

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

Colorado Life Estate FAQs

Our Centennial Estate Planning Attorney Answers Your Questions There are many different estate planning tools that can simplify matters for your beneficiaries after your death. One of those tools is a life estate. If you have a home that you want to pass to a beneficiary, such as a child or grandchild, then you should … Continue reading

Revocable vs Irrevocable Trusts

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

Why Was I Told To Disinherit My Spouse?

Unfortunately, one spouse will often become ill before the other. In the event that one spouse needs nursing home care, an attorney will often tell the well spouse, often known as a community spouse, to disinherit his or her spouse. Obviously, the thought of disinheriting a spouse is a very emotional and stressful moment in … Continue reading

The Difference Between Will-Based and Trust-Based Estate Plans

Questions about your rights? Call us.

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 Little-Known Tax on Roth 401(k) Distributions

Contributions to a traditional 401(k) are made pre-tax

401(k) over a traditional 401(k) after retirement is that distributions from a Roth 401(k) are tax-free, but there is a little-known situation where distributions can be taxed. Contributions to a traditional 401(k) are made pre-tax, so while it reduces your taxable income in the year you contribute to it, you have to pay taxes on … Continue reading

New Brokerage Account Safeguards Aim to Protect Seniors From Financial Scams

If you have questions about protecting your elderly loved ones, we can help.

New rules have been put in place to protect seniors with brokerage accounts from financial scams that could drain the accounts before anyone notices. As the population ages, elder financial abuse is a mounting problem. Vulnerable seniors can become victims of scammers who convince them to empty their investment accounts. According to the Financial Industry Regulatory Authority … Continue reading