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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...
Estate Planning 101: 5 Issues That Must Be Addressed In Your Will
While a Will of 10 words carved into a bumper was deemed valid (really, this happened in Canada), ideally you should use something a little more substantial to distribute your estate upon your death. Of course your Will should be in writing, but equally important is...
What You Need to Know About Colorado’s Move-Away Law
If you are a single parent thinking about relocating with your child either within Colorado or out of the state entirely, it is very important to know about Colorado's relocation statute or Move-Away Law. Depending upon the current custody arrangement and the distance...
Why a Prenuptial Agreement Can Be a Good Choice for ALL Marrying Couples
All too often prenuptial agreements get a bad rap. Many people consider it to be a document whose sole purpose is to prepare a marriage for failure, particularly in instances when one spouse has significantly greater income or assets than the other.This is simply not...
Colorado Estate Planning: Understanding the Difference Between a Revocable and Irrevocable Living Trust
When it comes to estate planning, you have several options for controlling what happens to your assets after you die. One popular tool is a living trust, which is a legal document that creates a trust while you are still alive. You transfer all of your assets to the...
4 Essential Things to Consider When Developing a Parenting Plan
Going through a family law or divorce case can be both financially and emotionally taxing, and much more so for any children involved in the legal battle. Regardless of how amicable you and your spouse may be through the process, children are often stuck in the...
4 Key Benefits of a Mediated Divorce
You might not have imagined that someday you'd be getting divorced, but as life takes its twists and turns, sometimes it leads you to the lawyer's office. A divorce doesn't have to be stressful or ugly; in fact, by utilizing mediation as a means of handling your...
Estate Planning Ignorance is NOT Bliss: 5 Common Misconceptions
Estate planning is a vital process for just about everyone. However, it is a process whose public image is oftentimes marred by misinformation. It is essential that, when considering engaging in estate planning, you are able to effectively separate fact from fiction...
3 Reasons to Complete Your Advance Health Care Directives Right Away
The topic of pulling the plug and other aspects of end-of-life medical care are incredibly sensitive subjects, and most people have very strong opinions on such matters. In fact, you've probably seen some very high-profile legal battles between family members play out...
Allocation of Parental Responsibilities: Colorado Child Custody Law
In any divorce involving children, determining who will get custody and how visitation will be handled is oftentimes the most emotionally challenging aspect you will face. Usually, neither parent wants to give up time with their children, and disputes can escalate...