Boulder Estate Planning Legal Blog

For many people, discussing end-of-life costs can be uncomfortable and emotionally daunting. However, despite the discomfort, it may elicit, having a secure and legally sound plan can provide individuals and their families with peace and security. Colorado estate planning attorneys can provide families prepare for the costs associated with dying. There are many steps that…

Thoughtful estate planning can help prevent conflict among surviving family members. It can also save families the hassle of Colorado probate court, which can be a costly process involving significant delays in the distribution of assets. Often, a lack of communication is at the root of familial estate-planning conflict. The following examples demonstrate this principle.…

Estate planning is a serious and complex area of the law, and hiring a Colorado estate planning attorney is essential to creating binding and legally sound documents. One misstep in drafting or executing these documents can completely change the intent of a will or trust. Colorado state laws are complex and require a thorough understanding…

Nursing home and other long-term care costs can be extremely high for the people in need of care and their families. Medicaid and other federal programs may help those in need to pay for long-term care costs. In some states, including Colorado, eligibility for Medicaid assistance with nursing home care is dependent on a person’s…

When adults think about the future, it can be difficult to envision where they will be living. For some, they assume they will be staying with a loved one, whereas others save so they can reside in an assisted living facility. There are many long-term care options for seniors as they age—but it may be…

While most people obtain health insurance through an employer, they will lose this coverage once they retire. Thus, as we approach retirement, one of the most important considerations is the availability of long-term healthcare coverage. This coverage is imperative to cover the high costs of medical expenses as we move into the next phase of…

In an effort to provide Americans with access to retirement savings, Congress passed the Setting Every Community Up for Retirement Enhancement (SECURE) Act. The SECURE Act created profound retirement and tax reforms resulting in myriad implications for American workers. The changes should prompt individuals to reevaluate their Colorado estate plan documents to ensure a happy…

Estate plans allow individuals to contemplate their final wishes regarding their healthcare, finances, and disposition of their remains. A Colorado estate planning attorney can assist individuals in determining the best way to document their final wishes to ensure that their family correctly effectuates their desires. Although last will and testament documents may include funeral and…

Funeral arrangements are something that are extremely personal and poignant. While a family will often have to go through the emotionally tolling process of planning a funeral, the individual can minimize the burden by putting their wishes in their estate plan. This cannot entirely alleviate the work the family must do after the death, but…

Over the past year, many changes have occurred due to the COVID-19 pandemic. While people are realizing those things that are most important to them, it has also invoked reminders to prepare for the future. For many, this should include updating an estate plan, which can provide peace of mind for them and their family.…