How to Leave Assets to Minor Children in Colorado: What Parents Need to Know
Minor children can’t manage inherited assets in Colorado. Here’s how a revocable trust, testamentary trust, or UTMA account protects your kids and keeps courts out.
Can You Create a DIY Estate Plan in Colorado Springs or Denver?
When you’re creating a DIY Colorado estate plan you are jumping into a complex legal field where one misstep may have drastic consequences. Just because you can doesn’t mean you should. It’s important to understand your situation or talk with a licensed and capable Colorado estate planning attorney on what is best for you.
How to Avoid Probate in Colorado
It is possible to avoid probate in Colorado. The key lies in structuring your estate plan with the right legal tools for your unique situation before you pass. Here are four effective strategies an experienced and qualified Colorado Springs estate planning attorney can use.
What is a Revocable Living Trust?
With estate planning, lawyers usually create a strategy which bypasses probate, saving you time and legal expenses. Through a sound estate plan using a trust, your family benefits from a quick and efficient process, ensuring that your wishes are promptly carried out. Trusts play a central role in avoiding costly probate legal fees.