Blog
How to Avoid Probate in Colorado
Probate can easily cost about 3% to 7% or more of an estate's total value. It may even cost more if an attorney, executor, and accountant are involved in the process. Moreover, the probate proceedings may take up to two years, and the court will freeze all estate's...
I Don’t Agree with the Executor of a Loved One’s Estate: What Can I Do?
Settling the final affairs of the deceased can be a complicated and emotional process. Family conflicts and disputes may escalate during the estate settlement process. Furthermore, the estate administration is overseen by an executor who may not be carrying out their...
Will and Estate Planning Checklist
Nearly everyone has an estate. Chances are, you do as well. Your estate includes nearly everything you own, including your assets, property, financial accounts, vehicles, or life insurance policy. These are items that you will leave behind when you pass on. The...
Asset Distribution: 4 Mistakes to Avoid When Designating Beneficiaries
Designated beneficiaries are people (though can also be a trust or an estate) whose life expectancy is used to calculate particular features of a retirement plan. These plans can include qualified plans, 457(b) plans for state and local government employees, 403(b)...
Searching For Estate Planning Lawyers? These 3 Tips Should Help
Talking and planning about the future can be very intimidating, especially if you're approaching these conversations in a more realistic approach. Sure, daydreaming about future employment and vacation plans can be a lot of fun, but discussing asset distribution,...
Transferring Wealth Through Generations: 3 Great Tips
While most U.S. adults age 18 and over have not prepared their estate or started planning for the transfer of assets, 81% of Americans above the age of 72, as well as 58% of baby boomers (aged between 53 and 71) do have estate planning documents. If you're part of the...
3 Important FAQs About Wills and Asset Distribution
Life can be beautiful, entertaining, and truly amazing. Unfortunately, it can also be quite sad, as death can strike at anytime. These aren't exactly topics people enjoy talking about or even thinking about, but since it is a reality, it's important to at least broach...
Importance of Estate Planning: 3 Reasons People Aren’t Drafting a Will
Ensuring your family's future is extremely important, and though it's a difficult conversation to have, you must talk about asset distribution with your loved ones in the event of something happening to you or your family. Estate planning should be at the top of every...
5 Tips on How to Better Manage Divorce Stress
Divorces can be very draining and exact its toll on your energy, resources, and time. Indeed, not all marriages are designed to last until death do us part. Several things can happen that could warrant the dissolution of your marriage, including infidelity, lack of...
Estate Planning Basics: What’s the Difference Between a Will and a Trust?
Perhaps the best way to begin to explain the difference between a will and a trust is to explain what they have in common. Both wills and trusts are vehicles by which an individual hands over their property to their heirs. The differences are in when they go into...