As part of your estate planning, you may want to set up an advance directive. It works along with the rest of your plan to make sure that you get the medical care you need as the end of your life approaches.Essentially, the advance directive is a list of your...
Year: 2018
Do most people have a will?
It seems fairly clear to you that you're going to need a will eventually. It's inevitable. The same is true for everyone you know.That leads you to believe that most people must have planned for that inevitability. They must have wills and estate plans, right? Think...
Obtaining guardianship of your elderly parent
As your parents age, you begin worrying about their ability to make sound decisions regarding their daily life. You worry that their forgetfulness and naïve awareness places them in health or personal distress.In the state of Colorado, you have the ability to...
Sentimental value, estate planning and lasting disputes
When you hear about two heirs who get into a dispute over a will and have a life-long falling out after the fact, you probably assume that it's about money. You wonder why people let financial gain get in the way of their relationships with their siblings.The battle...
When is it better to have a trust instead of a will?
If you have finally made the decision to seek advice about making an estate plan, your family will likely thank you for your thoughtfulness. More than half of those in Colorado and across the country put off planning their estates until it is too late, leaving their...
How do you find the best guardian?
One of the key steps in planning for your family in the event of your passing is to choose a guardian for your children. This is usually done when they are minors or if they have special needs. Either way, you know that they need additional care. You love them, and...
4 tips for an estate planning conversation with your kids
Parents often neglect to talk about estate planning with their grown-up children, feeling that such a conversation will just make everyone uncomfortable. However, this can lead to a lot of issues down the line because children may have unrealistic expectations or...
What can invalidate a will in Colorado?
Wills have many potential benefits. For one, they can provide individuals with significant control over what will happen upon their death. However, such benefits can only be realized if a will is enforceable. Things that make a will invalidThere are various...
Alzheimer’s diagnosis may present need for conservatorship
When your parent or other older loved one started showing signs of mental decline, you may not have felt much concern at first. After all, you forget information or events sometimes yourself, and you did not feel the need to jump to conclusions when your mom or dad...