Today, more people than ever are conducting business online or during virtual meetings. And when it comes to creating an estate plan, there are digital solutions that allow people to make a will, consult professionals and manage assets without ever leaving home....
Estate Planning
What are the different types of powers of attorney?
Assigning powers of attorney is a critical step in the estate planning process. It provides vital protections and guidance during a tumultuous time, which can prevent legal and personal disputes, not to mention financial turmoil. However, people can misunderstand what...
Estate planning in light of a serious illness
We can hardly turn on our phones, computers or TVs without being inundated with information on the novel coronavirus, or COVID-19. Understandably, people are concerned - especially people over the age of 60 and those with serious chronic medical conditions, as these...
3 critical estate planning tips for new parents
Welcoming a new baby into your family is a joyous and overwhelming experience. Between sleepless nights and figuring out feeding schedules, most new parents have more than enough to think about during those first few months. However, when things start to normalize,...
4 reasons your will could cause problems for loved ones
Every adult should have a will as part of their estate plan. Unfortunately, creating a comprehensive will is not a priority for most people. Many people simply put it off or they assume that having a standard, generic will in place will suffice.In either case, loved...
Irrevocable trust as an estate planning option
In addition to creating a will, many Colorado residents find that creating trusts may be in their best interests. The will does direct how the individual wishes his or her assets to be dispersed; however, a trust may provide increased benefits such as minimizing...
6 events that should give rise to elder-care planning
Getting older typically comes with a host of changes. Whether these changes are physical, emotional, social or financial, they can take a toll on our lifestyles and health. As such, it is important to revisit our goals and care plans as our needs change. Such a review...
4 real ways to help parent manage virtual and digital assets
Elderly parents may not have as robust of an online presence as their children and grandchildren. However, that does not mean their digital and virtual lives are non-existent. Many people have email, social media, bank accounts and other digital assets, and managing...
Addressing a family secret in an estate plan
Every family has their secrets. Years ago, the keepers of these secrets may have passed away without anyone ever learning about the private information. Today, however, it is easier than ever for families to uncover hidden stories thanks to technology like...
Will my child’s student loans affect my estate plan?
There may be very few decisions that parents make without considering the impact those decisions might have on their kids. This can certainly be true when it comes to financial and estate planning. For instance, many parents today have taken out student loans or...
