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Best Estate Planners in Denver

May 2017 Archives

Single parents and estate planning

One thing that single parents in Colorado should make a priority is estate planning. Even though the thought of not being around for their kids is not a pleasant one, the idea of having the courts choose someone random to raise their kids is even more distressing. Careful consideration should be given to the distant future so they can make plans to protect their children. 

MY EMPLOYEE DIED, WHAT ARE MY RESPONSIBILITIES?

A CPA just asked for my help in advising the CPA's client on how to distribute the last paycheck(s) of a deceased employee. When an employee dies, the employer needs to treat the situation similar to any other termination of an employee. The estate would be entitled to the deceased's last pay, unused vacation time, etc. as if the employee was alive but no longer employed.

Executor choice and inheritance disputes

Many people in Colorado believe that they can keep their loved ones from fighting over their inheritances with estate plans. Unfortunately, death and inheritances often bring out the worse in some people. One common reason why some individuals fight over a loved one’s estate is that they are not happy with the person who is in charge of managing it. 

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