Don’t forget about digital assets in your estate plan

On January 30, 2013

Colorado residents who make the wise decision to map out an estate plan are likely to find themselves juggling both paperwork and digital files. It’s likely that the older people are, the more paper records of accounts they’ll have. Younger estate planners, meanwhile, may be wondering how to organize their computer files so that the executor of their will or other estate administrator is able to access them when the time comes. How can you ensure that nothing gets overlooked…
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Married or widowed estate planners: Are you portable?

On January 23, 2013

It wasn’t very long ago that the nation’s economists and politicians were wringing their hands over the so-called fiscal cliff. It permeated the news cycle and had many Coloradans wondering just how worried they should be about major tax hikes and the loss of some valuable exemptions. One of the major exemptions in question was for estate taxes. The American Taxpayer Relief Act, passed by the Senate on New Year’s Eve and the House of Representatives the following day, preserved…
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Estate of fatally poisoned lottery winner tied up in probate

On January 15, 2013

It reads like the script of a crime drama or even a soap opera: A man wins a fortune in the lottery, only to be poisoned shortly thereafter. Soon the victim’s family members begin pointing fingers, accusing each other of ulterior motives while the coroner tries to have the victim’s body exhumed. If he can find out how the lottery winner was poisoned, he might solve the mystery of who plotted his death. Unfortunately, this very real drama is currently…
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Here comes a great idea: Honey Boo Boo’s trust fund

On January 11, 2013

If you’re one of the many who enjoy scoffing at TLC’s hit reality show “Here Comes Honey Boo Boo,” about a child beauty pageant contestant and her down-home Georgia family, it may be time to set aside your disdain, at least temporarily. No matter what you think of the show or its subjects, 7-year-old Alana Thompson’s mom has made a smart move by taking steps to ensure that her children won’t squander their reality show earnings — at least until…
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Death of homeless heir to $19M fortune adds to family drama

On January 2, 2013

Those familiar with the life of railroad heiress Huguette Clark might be interested to know that the drama surrounding her multimillion-dollar fortune has just taken another turn. A 60-year-old homeless man who was in line to receive a hefty portion of her estate — an estimated $19 million — was found dead recently of hypothermia, adding another layer of mystery to the heiress’ intentions before she died in 2011 at age 104. Clark was the daughter of William Andrews Clark,…
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