When you're in your late teens, early 20s or 30s, you tend to think that you have a lot of time to continue living. Your next day isn't guaranteed though. Unexpected illnesses, accidents and other catastrophic events happen. This is one of the reasons that many legal...
Estate Planning
When should you update your Colorado will?
Many people put off drafting a will because they think that they're not old or wealthy enough to have one. Even when individuals do sit down and draft one, they soon thereafter put it in a safe place and forget about it. Few people take the time to revisit them....
The worrying drop in life expectancy
Life expectancy should, in theory, keep increasing. We live in a world where modern medicine is better than it has ever been before. We know more now about health and nutrition than at any time in the past. We have medicines and vaccines that have eradicated some of...
Is listing my children as insurance plan beneficiaries ideal?
On one of the first days at a new job in Broomfield, a representative from your company's human resources office may visit you. They may hand you an employee handbook and go over the different types of insurance options that they have to offer you. They'll likely have...
Will your kids survive their inheritance?
You worked hard all your life and amassed a significant fortune to pass on to your heirs. It would be tragic if one of your heirs, funded by an inheritance, led a dissolute life and headed to an early grave.Even if situations don't get that dire, not all heirs are...
What should I include in a pet trust?
One of the best ways to plan for the care of your pet after you've died is by setting up a pet trust. Your pet trust will set aside funds to care for your animal and identify an individual who will serve as your animal's caretaker. Creating a pet trust is not entirely...
All expectant moms should have living wills
Of all the pre-planning that expectant moms do for their impending arrivals, one thing that's seldom on their to-do list is to see an estate planning attorney before they give birth. Legal analysts suggest that they maybe should schedule a visit with one, though.One...
Rethink guardianship if you get divorced
A key part of estate planning is deciding who will be your child's guardian if you pass away while that child is still a minor. Your peace of mind hinges on the knowledge that they'll be taken care of.Naturally, if you're married, you probably just assume that your...
4 key reasons you may need an advance directive
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...
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...