If you have a parent or other relative that needs assistance managing his or her affairs, you may need to get legal authorization to assist in place. This may involve being appointed to act as a guardian. In some cases, a court may even appoint a conservator. A...
Year: 2020
What are reasons to use a generation skipping trust?
At your current stage in life, you might have grandchildren or even great-grandchildren that you want to inherit from you. Many parents rely on their grown children to pass along an inheritance, but you may want a more direct way to transfer some of your wealth to...
Why you need a will right now
It is difficult to think about the distant future, so like many Americans, you may have put off creating a will. A recent study conducted by Merrill Lynch and Age Wave found that of people over the age of 55, only half have added a will to their estate plans. When...
What are the duties of a guardian?
If a Colorado court appoints you as a guardian, it grants you the legal authority to make decisions about the health and welfare of another person, i.e., your ward. Your ward may be either a minor child or an adult who lacks the capacity to make decisions on his or...
How can I become my parent’s guardian?
As your parent ages, you may notice that he or she can no longer properly care for him or herself. At this point, you may want to seek guardianship from the court to gain the legal right to make decisions for your parent and have some control to protect him or her. ...
Understanding probate
After a person dies, their affairs must be tended to properly. The process of probate allows for this to take place under the observation of a probate court. Many people often misunderstand probate and think of it as a bad thing. Gaining knowledge about what probate...
Estate planning as a cancer patient
Cancer patients have many hurdles to overcome, from a lack of energy and financial problems associated with treatment to depression and uncertainty about the future. If you were recently diagnosed with cancer, our law office understands the immense amount of pressure...
How do you pick a good executor?
Colorado residents like you must put time into choosing an estate executor. This person will handle your estate affairs after you pass. They will exist as the primary point of contact between your attorney and loved ones. But how do you know you have picked the right...
Estate planning can help families cope with end-of-life decisions
When old age, degenerative illness or a sudden catastrophic injury leaves an individual unable to make difficult health care decisions for themselves, family members and medical staff may face overwhelming moral and financial dilemmas about what types of...
How can I handle giving an unequal inheritance?
As a parent, you want your children to be happy with the inheritance you leave them. Although ideally, children would receive an equal share, there are many reasons why this might not be possible. If you have reasons to leave unequal inheritances to your children, you...