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Your executor is responsible for managing your estate, ensuring your debts get paid and distributing your assets. The person who administers your estate can greatly impact the execution of your final wishes. Therefore, you should understand what to consider when you...
Many people struggle with developing an estate plan. The complexity of the process can be offputting, and emotional barriers often arise due to the discomfort of pondering end-of-life arrangements. Others procrastinate, believing that they have lots of time. On the...
The prospect of marriage often comes with the consideration of a prenuptial agreement. These legal documents can help provide clarity and fairness in the event of a divorce. However, there are factors that could render them invalid. Understanding these issue is...
Divorce is a challenging and emotionally charged process, and one aspect that often gets overlooked amidst the emotional turmoil is the protection of retirement assets. Preserving your financial security is important during this time, and safeguarding your retirement...
Many Americans plan for retirement, as well as for their loved ones’ future without them, with retirement plans such as 401(k)s and Roth IRAs. Thanks to the Employee Retirement Security Act (“ERISA”), there is a simple way to transfer these assets as part of an...
Creating a business entity in Colorado is a relatively simple process. You visit the Secretary of State’s website, fill out the required forms, pay a filing fee, and your new business entity is ready to go. Once the entity has been formed, you just need to file an...
Estate planning, the thoughtful arrangement of one's assets and affairs for the future, is a process often overlooked until it is too late. Many individuals, despite their best intentions, fall prey to common mistakes that can have significant consequences for their...
According to the Charities Aid Foundation’s World Giving Index, over the past decade the United States was the most generous country in the world. Consistently high numbers of Americans (i) help a stranger, (ii) donate to charity, and/or (iii) volunteer, especially...
When it comes to estate planning, individuals often consider both wills and trusts as tools for distributing assets and managing affairs. Both can serve important roles. However, a Colorado trust offers specific advantages that a will cannot replicate. Understanding...
In the picturesque landscape of Colorado, where the majestic Rockies cast their shadows on serene cabins nestled in the mountains, divorcing couples often grapple with the question of who gets the cherished mountain cabin. The process of dividing property in a divorce...
