Like-Kind Exchanges, Capital Gains, and Your Estate Plan
There are many good ways to invest for your future. Real estate is a common way for people to invest their funds to try to grow their wealth for their retirement and the future of their family. Real estate has many potential pitfalls, not least of which is the capital...
New Babies Means a New Estate Plan
Bringing a new baby into your family is an exciting time. New babies mean a new lifestyle and new challenges for the parents. Parents will need to learn to balance their new obligations of taking care of their child or children with the obligations they’ve already...
Gun Trusts
Gun owners know that there are often many paperwork and licensing requirements associated with gun ownership. Certain types of firearms also have additional transfer requirements and fees. In some situations, gun trusts can be a method to help with the strict federal...
Conservatorship Versus Guardianship
We all want to make sure that our friends and family have all the love and support they need. In some cases, that means taking extra steps to ensure that an aging parent or a mentally disabled adult child have all the appropriate assistance that they need. Such...
Attorney’s Fees and Probate
The legal system is notorious for being both complicated and expensive. The probate process is no exception. Colorado law provides that attorneys and personal representatives are entitled to compensation for services rendered in a probate case. The question becomes,...
Should I Try to Avoid Probate?
We all know that estate planning is an important step to take to plan for our future. Estate planning involves many different steps and documents, depending on the particular needs of your family and your estate. Your estate plan may include a combination of a...
How to Make Sure My Will Is Valid
Planning for the future is essential for all of us. We spend a lot of time implementing plans for our retirement, our children’s schooling, and our own health care needs. These plans are often reinforced and memorialized in written documents, such as trusts or pension...
Testamentary Capacity
Under Colorado law, like every other state, it is recognized that an individual has the ability to dispose of his or her property however they decide. Colorado courts have determined that if a person wants to “indulge his prejudice” against his or her relatives by...
Naming a Guardian For Your Child
Parents often face many delicate and difficult decisions for their children. These decisions range from education and religion to extracurricular activities. All these decisions are clearly important for the child’s present and future, but parents need to also think...
What Happens if You Die Without a Plan?
Estate planning is an issue that most people recognize is an essential topic and one that merits particular attention and review. Unfortunately, people do not always get around to planning their estate before they pass away. While this is an eventuality which...