Avoiding probate is often a main goal of estate planning. After all, if the law ties your assets up in probate, that means that your heirs will not have access to them. This can be stressful, particularly if you have people in your life who will depend on your estate...
Estate Planning
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...
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...
Removing a child from your estate plan
Creating an estate plan is a great way for many people to pass down their assets to loved ones, but some decide to exclude certain family members from their will or trust. For example, some parents do not want to leave anything for one of their children. This is often...
What should you not include in your will?
Drafting a will as part of your estate plan is something that most people know they should do. It helps your heirs get the things you want them to have after your death. However, there are some things that a will does not do. Understanding what does not serve a...
Is a DIY will a good idea?
There are many things that you can easily do yourself without having to hire a professional. In general, though, anything related to the law requires the help of an attorney who has the education and experience to understand the law and ensure you protect yourself....
Helping your family member with their estate plan
When it comes to estate plans, there are many ways in which wills and trusts affect entire families. If you have an estate plan, you likely know how difficult it often is to name beneficiaries or decide how to distribute assets among beneficiaries. These plans impact...