Unmarried couples make life-long commitments to each other but often lack legal rights and protections. Since 2009, unmarried couples in Colorado could enter designated beneficiary agreements. Under these agreements, couples can affirm that they want each other to...

On its face, estate planning may seem like a relatively easy process. After all, you’re just specifying how you want your assets to be distributed upon your passing, right? While that certainly may be true to a great extent, the truth is that estate planning can be...

People generally want to make sure that their children are taken care of after they pass away and generally want them to receive their property. To ensure this happens people need to have a good estate plan, which may need to consist of more than just a Will. Some...

While it is true that estate planning has become a topic of interest as of late, many people get bogged down in the details or think it is just too much work. However, in practice, most people actually only need three or four documents for an effective estate plan....

Families who own homes and farms cannot elude taxes, only use tools to minimize them. One of the most effective means they employ to reduce their tax burden lies in the concept stepped-up basis. A proposal from the Biden Administration to eliminate this method of tax...

After over a year of estate planning being a trending topic, we all know the importance of an estate plan. But, for those of us that have loved ones, like parents and older aunts and uncles, they may not similarly know. This is why many of our readers are looking for...

Making plans about one’s end of life estate can be complicated and difficult. Not all Colorado residents are familiar with the variety of legal tools that they can draft and execute to accomplish their testamentary plans. For this reason, many people choose to work...

Trusts are among the most powerful instruments available in estate planning. They can be customized for many purposes, including protecting assets, providing for loved ones and charities, and protecting vulnerable children and adults. Unlike a will, a trust can go...

Too often, individuals develop a comprehensive estate plan and then avoid revising it after a major life event. In general, the estate plan should be revised to include new assets such as a car, house or family business, or changing values such as a stock portfolio or...

There are many unexpected events that occur throughout people’s lives in Colorado. People try to plan for those types of events by having various types of insurance or having savings for unforeseen financial difficulties. People should also plan for passing as well....