Estate Planning

Estate Planning

Property Ownership and Deeds in Estate Planning Blog

Property Ownership and Deeds in Estate Planning Blog

Real Estate and Probate

Real estate is frequently the most valuable part of an estate. It is important to know how your property is titled when estate planning to determine how to ensure that the property transfers to your desired beneficiaries. Property is titled in many different ways reflecting various types of ownership. Consequently, property can be titled in such a way as to avoid probate.

Pets in Estate Planning

Pets in Estate Planning

Estate planning is for all members of the family – even the furry ones. Don’t forget your pets in estate planning. One way to take care of pets in estate planning is through a pet trust. Although often an overlooked part of an estate plan ,ensuring that you pet will be taken care of is important. 68% of American households have pets. Under the law, however, a pet is considered property. So in a worst case scenario, the lack of a pet trust could

What is Probate?

What is Probate?

Colorado falls under the Uniform Probate Code which makes Colorado law consistent with that of some other states. Probate refers to “proof.” In the context of probate, proof relates to the form and content of wills. In a practical sense, probate has a broader application and applies to the activities involved in carrying out the wishes of a Testator or Testatrix (maker of a will) as set forth in a will, or the activities that occur to administer

Colorado Estate Planning

Colorado Estate Planning

Why Have a Memorandum Distributing Tangible Personal Property?

It is important to have a plan to protect your heirs should something happen to you. Although putting together an estate plan may be something easily put on the backburner, having a plan will benefit you and your heirs.

Tax Consequences of Property Transfers to Family

Tax Consequences of Property Transfers to Family

Property transfers to family members can have tax consequences.  Business owners should have estate plans, but many owners are unaware of the tax implications associated with recapitalizing their business entities to help family members.