On behalf of Bradley Devitt Haas & Watkins, P.C. | Aug 13, 2020 | estate planning
People in Colorado who are in their 20s and 30s might assume that they do not need an estate plan because they are young or because they are not wealthy. However, an accident or sudden illness can happen at any age, and an estate plan can protect you, your family and...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Jul 22, 2020 | estate planning
Residents of Colorado should be aware of the historically low interest rates. When federal interest rates are low, it creates potential opportunities in estate planning. Using the market’s current state may help yield greater results through grantor retained...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Jul 14, 2020 | estate planning
Creating an estate plan can help Colorado residents maintain control over assets and help to make sure that their final wishes are respected. However, it is important to review an estate plan regularly to ensure that it meets a person’s needs in the years and...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Jun 29, 2020 | estate planning
Colorado business owners should give some thought to how to incorporate their businesses into their estate plans. For instance, a business owner’s trust should include a succession plan detailing who will oversee the business if something were to happen to the...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Feb 3, 2020 | estate planning
Estate planning is not a hot topic for most people in Colorado. Despite how most people should have an estate plan, there are many who do not. Likewise, there are many who do not recognize the importance of estate planning. Forbes states that over half of American...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Jan 31, 2020 | estate planning
As a responsible pet owner and animal guardian, it is up to you to provide for your pet after you are gone. But how can you know that someone is caring for your pet as well as you would? A pet trust assures you that a trustworthy person is carrying out your wishes...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Jan 29, 2020 | estate planning
As you consider what estate planning tools you want to use, you may feel that you should create a trust. You can create and manage a revocable trust now and benefit from it while you are alive, as well as becoming a source of income for your beneficiaries after you...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Nov 4, 2019 | estate planning
If you have not yet begun setting up your Colorado estate plan, you should seriously consider getting started. Why? Because even if you are a young person who has yet to accumulate a lot of wealth, having an estate plan is your only way of ensuring that your wishes...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Oct 22, 2019 | estate planning
Raising a family can be an incredibly rewarding time of your life, but with it comes a lot of responsibility. It is no longer just you and your spouse to worry about; you are responsible for other people and their futures, including if something were to unexpectedly...
On behalf of Bradley Devitt Haas & Watkins, P.C. | Oct 17, 2019 | estate planning
When creating an estate plan in Colorado, the person you charge with administering the will is critical. You should choose someone who can handle the demands of probate. Often, the personal representative of an estate was close to the deceased. This makes sense since...
