The 3 Types of Probate in Colorado: An Overview (Pt. 1)

On October 31, 2014

Probating an estate after a loved one passes away can be a complicated, stressful process, particularly if the decedent has not left behind a will or other estate planning directives to help guide his loved ones and the court regarding his final wishes. While the idea of probate in Colorado can be intimidating, people should be aware of the facts that: Probate does not always have to be a contentious, expensive and time-consuming endeavor. The size and value of a…
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Setting up a Living Trust: 6 Facts to Know (Pt. 3)

On October 25, 2014

Concluding our blog series Setting up a Living Trust: 6 Facts to Know, below we will point out some final important facts to be aware of if you are considering setting up a living trust. Setting Up a Living Trust: Some Final Facts to Consider… Fact 5 – While there are a number of advantages associated with setting up a living trust, there are also some drawbacks people should be aware of. Although setting up a living trust can offer…
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Setting up a Living Trust: 6 Facts to Know (Pt. 2)

On October 20, 2014

Picking up from where we left off in Setting up a Living Trust: 6 Facts to Know (Pt. 1), here, we will resume our discussion regarding some of the benefits associated with setting up a living trust. More Facts about Setting up a Living Trust… Fact 3 – Living trusts can protect your privacy. Unlike a will and a probate case that can become a matter of public record, the details of your living trust can remain private. This may…
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Setting up a Living Trust: 6 Facts to Know (Pt. 1)

On October 15, 2014

When it comes time to plan for your family’s future, setting up a living trust can be an effective way to manage your assets while detailing the terms of how these assets will provide for your family after you pass away. In fact, living trusts can open up a large number of options for people involved in estate planning, allowing them to customize these trusts to fit their needs, assets and plans for the future. In this three-part blog series,…
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Top 7 Reasons to Create a Will (Pt. 3)

On October 10, 2014

Here is the conclusion to our blog series Top 7 Reasons to Create a Will. Additional Reasons Why You Should Create a Will… Reason 5 – You can minimize potential headaches and challenges your loved ones may face after your passing.  Although most estates will end up going through probate regardless of whether a will is in place or not, having a will can significantly reduce the potential issues, costs and length of the probate process. This is because, when…
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Top 7 Reasons to Create a Will (Pt. 2)

On October 5, 2014

Picking up from where Top 7 Reasons to Create a Will (Pt. 1) left off, below we will continue pointing out some of the most important reasons that you should develop a will if you don’t already have one in place. More Reasons Why You Need to Create a Will… Reason 3 – You can choose your beneficiaries. Just as the development of a will allows a person to select his executor, so too does it empower him to choose…
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