Stepparents may wish for their spouse’s children to inherit money, property or other assets. However, unless there is a will in place that specifically states that intent, stepchildren may not automatically receive them.It is not uncommon for parents to provide...
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Month: March 2016
Estate planning tips for women business owners
With the growth in the nation's economy, the number of women owned businesses in the United States continues to climb. According to a report published by americanexpress.com, there are more than 9 million businesses owned by women, which accounts for 30 percent of all...
Divorce, wills and Colorado law
Divorce decrees do more than legally end marriages. They can drastically change the outcome of wills. Jefferson residents who don’t revise their wills and estate plans after divorce could have their estate distributed in ways they do not want.According to the...
Is a Colorado Beneficiary Deed Right for You?
Beneficiary deeds, also known as transfer-on-death deeds, can be used to leave property to loved ones upon your death. Before creating a beneficiary deed, however, it is important to understand the complexities and potential pitfalls of creating these forms in...
Digital assets: How can they be addressed in your estate plan?
It's clear that an increasing portion of our lives are now being lived and documented online (you are reading this blog, after all). Most of us have at least one email account, and many of us use social media sites. It's also common to own digital music, often in the...
DNR Orders and Power of Attorney: Preventing Miscommunication in Medical Emergencies
Hospital dramas and police procedurals paint a vivid, but ultimately simplistic, image of emergency hospital care. The heroic doctor knows exactly what diagnosis to make and which actions to take to save the patient's life at the last possible moment. The intrepid...