It appears that only 45% of Colorado residents are prepared for their end of days. In fact, research indicates that approximately 55% of Americans have done no formal estate planning. They have not created a will or done anything to ensure that their families and...
Month: May 2018
Do not keep an estate plan secret
Movies and television shows have popularized the myth that last wills and testaments remain hidden from family members and loved ones until the individual passes away. The reading of the will trope does not usually happen in real life. Instead, most attorneys will...
Medicaid planning essential to protect assets
The average Colorado resident spends years working and saving for the future. Some are able to acquire significant assets and look forward to enjoying their retirement; others scrimp and save in order to simply be able to retire. Regardless of one's financial picture,...
Special needs planning and the Colorado family
Children are a gift. Yet, like most gifts, there are costs involved. When the child in question is a special needs child, the Colorado parent typically discovers that there are additional steps that must be taken in order to ensure that this child is properly cared...
Cryptocurrency and estate planning
Privacy is important to many individuals. As the Colorado resident strives to keep his or her financial affairs private, there are risks involved with such action. Without a complete listing of one's investment accounts and other financial matters as a part of one's...
Finding the best nursing home for your loved one
Nursing homes provide a valuable service for countless families, and the need for these establishments will only increase. While there were approximately 5.9 million people over the age of 85 in 2012, that number could become as high as 19.4 million by 2050. To care...
Guardianship appointment vital part of estate plan
No matter how much one plans and prepares, the future still remains uncertain. Even the best plans can go awry. With this in mind, one cannot be certain the he or she will always be able to take care of him or herself. If the day comes when this is not possible, it...