Colorado Springs Estate Planning And Probate Blog

Children grow up idealizing their parents and thinking of them as infallible. Although you eventually realize that they are humans prone to mistakes like anyone else, you probably still look up to them. It can be quite jarring to realize that they now struggle with...

Do you actually have enough money to retire? How much is it going to cost? What are those costs predicted to do in the future? What steps do you have to take now to protect what you own and to plan for this future, which can shift and change on its own, depending on...

Guardianships and conservatorships are not the same, so it’s important to understand the kind of arrangement you’re setting up when you create your estate plan. If an adult becomes incapacitated, they may need a conservatorship or guardianship, depending on the...

There are certain things about estate planning that are universal. You want to create documents that will pass your property on to the next generation and protect those who are dependent on you. You will likely also want to include documents that protect you if you...

Estate planning is an important step to take as you get older. Once you reach the age of 18, you should put together a will and basic estate plan, even if you don’t have many assets. Why? Estate planning helps protect you in life and after death. No matter your age,...

Giving someone power of attorney is an important part of estate planning in Colorado. However, many people don't realize that there are actually four types of power of attorney. Knowing the differences between them is an important part of protecting yourself and your...

Setting up an estate plan in Colorado helps the decedent divide their assets according to their wishes. Many people think wills are the only way to handle assets, but it's also possible to include a trust in an estate plan. Trusts have many benefits that wills don't,...

One critical aspect of estate planning in Colorado is thoroughness. When a plan is incomplete, the components aren't likely to cover every important contingency. Writing a will ranks as one of the most important elements, but it may not be the essential document at a...

Just as your estate plan gives you power to control how your assets will be distributed after you are gone, so too can you use it to stay in charge of your medical care if you ever become incapacitated or incompetent. With people in Colorado Springs and El Paso County...