As parents or grandparents age, it is natural for younger members of the family to step up and care for them, just the same as their parents or grandparents cared for them when they were young.Unfortunately, opportunistic people will instead take advantage of older...
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Helping elderly parents avoid scams and financial abuse
As parents get older, many adult children are finding themselves in a position to provide care and support for them. This might mean living with them, visiting them every week in a nursing home facility or calling them more frequently to check in on them. However, if...
How to pay for your parents’ assisted living
One of the most difficult parts of getting older is having to watch your parents get also older and dealing with the emotional and financial stress that comes with it. On average assisted living can cost between $2,000 and $5,000 per month, which may sound...
Is Medicaid only for low-income adults?
There is a prevalent misconception that Medicaid only provides coverage for low-income families. While Medicaid does help families with lower-incomes, it also allows millions of residents across the United States each year.According to research from the Colorado...
7 things to consider about your estate plan after divorce
Estate planning allows you to control the distribution of your assets after your death. However, the priorities outlined in a will or trust often change after the end of a marriage. That’s why it’s crucial to scrutinize your estate plans going forward after...
How to help older parents stay safe in their own home
As a parent ages, their home can potentially become more dangerous. Things that had been small risks suddenly represent serious hazards.If a parent wants to stay in their home, it’s possible for you to help create an environment that minimizes the risks – and...
Welcome To Our Blog
We established this blog to share stories and information about topics relevant to our practice. Our intent is to regularly provide posts highlighting legal issues of local, state and national interest that we think you will find interesting. Check back later for...
Would a third-party special needs trust benefit your child?
If you have a child who has special needs, you may be looking for a way to continue providing for your child after you are gone. Traditional estate planning tools, like wills and living trusts, offer different ways for you to leave money to your children. However,...
Medicaid planning: Even the low to moderate income can benefit
Estate planning in Colorado is a useful tool that many families use to protect their assets. It can also help families mitigate their long-term care costs. People are living longer, requiring them to fall back on assets and resources they originally planned to leave...
Signs it may be time to establish a guardianship over a parent
Watching a parent grow older can prove immensely difficult, especially if your parent also experiences a breakdown in his or her physical or mental capacity. At some point, many older adults reach a point where they can no longer reasonably make sound decisions on...