They are often some of the best memories: family gathered together during the holidays or a summer vacation with children playing and adults debating. As children move away how can you keep this meeting spot in the family? For a cabin or remote property who will pay for the upkeep? What happens if no one uses it at some point?
As you are making plans to protect your estate in Colorado after you die, you may find yourself wondering what types of trusts you can use. According to CNN Money, the advantages to using trusts are many, including the ability to choose who manages your estate once you pass away, reduce how much of your assets creditors can touch and avoiding the costly probate process.