Stay In The Loop
If you are old enough to remember “It’s 10 PM (Do you know where your children are?)” blasting across the evening news with that deep, convincing voice, it may also be time to read through this brief reminder. As you make a blueprint for the new year, we invite you to add a straightforward goal to your list.
Read MoreColorado has begun a new era of estate planning by introducing the Electronic Preservation of Abandoned Estate Planning Documents Act. This new law aims to simplify the handling of abandoned wills by creating a convenient online depository managed by the Colorado State Court Administrator (“SCA”). Here’s a detailed look at how this Act functions and its implications.
Read MoreIn this guest edition, Kylee dives into the specifics of “The Ultimate Gift”. Specifically the conversation focuses on why you should prepare your loved ones, the components of preparation, navigating the emotional terrain, and initiating and continuing the conversation,
Read MoreWe met up with Kylee with After Loss Advisors to discuss why legacy organizing is more than a preparation for the inevitable.
Read MoreIn the spirit of “spring cleaning” we urge you to decide if you’ve experienced an event that necessitates the re-evaluation of your existing estate plan. There are several areas to consider regarding the overall effectiveness of an existing estate plan discussed in this post. Please contact our office so that together we may review your existing plan and advise you concerning any necessary or suggested changes. Similarly, many of these events act as catalysts for the formation of an estate plan. If this resonates with you, please contact our office for your complimentary consultation, so we may assist you in “Planning for tomorrow, today”!
To better serve our clients, we interviewed Megan Kelly, an experienced ICU nurse, to get a better understanding of how these decisions play out in the ICU unit. Below you’ll find the 5 most common questions clients ask us to help them understand with an experienced ICU nurse’s shared experience. Megan answers with first-hand information for consideration. None of the information presented in this post is considered medical advice nor should be treated as such. We hope the interview demystifies an uncomfortable concept to consider in a matter-of-fact and gentle approach, giving you the words to engage in the necessary conversations with your potential agents and medical care team.
Read MoreThe “Corporate Transparency Act” is a new statute enforced by the Department of Treasury, specifically the Financial Crimes Unit (often abbreviated as “FinCEN”). This newly developed law has gained a lot of attention, due to the widespread applicability to so many individuals and businesses. Despite the hype, there is still adequate time to obtain the necessary information and file.
Read MoreI am proud of the work we are doing at Legacy Planning and Probate, and I am excited for all that lies ahead in 2024. I have a passion for helping families prepare for their legacies. Please reach out if you know of a group or an event that could benefit from an Estate Planning presentation laid out in simple terms, encouraging listeners to “set it and forget it”, so they can live life with one less worry. Planning for tomorrow, though sometimes an uncomfortable topic, is best done today.
Read MoreThe “Anti Hero” narrator wrote “them” out of their Will! This begs two questions: How does one circumvent or disinherit untrustworthy family members? Does Colorado and Texas protect a decedent’s estate against being slain by beneficiaries for the inheritance?
Read MoreLove is in the air, but that doesn’t mean you have to leave your marital agreement discussion up in the air, also. If you find yourself in the thick of wedding planning, and anticipate engaging in a pre/post-marital agreement with your future spouse, add a complimentary consultation to your preparation list before the Big Day. At LP&P we encourage our clients to begin the process as soon as the “save-the-dates” go out!! #linkinbio to start on the premarital or postmarital agreement process.
Read MoreYou may hear the term “fiduciary” mentioned by your lawyer, financial advisor, bank, or friends/ family. Although some have a general concept of what the term means in the corporate or business context, many remain unaware of what the term encompasses and implies in the estate-planning world. Understanding the term and the depth of obligation it entails is an essential element to the estate-planning process.
Read MoreThe legal terms employed to designate how a testator wishes to distribute their his or her estate can be incredibly confusing. Most of the time, a will distributes an estate either (1) per stirpes, (2) by representation, or (3) per capita. Employing a designation in your will is important, as it eliminates the need to create new documents or update plans if a beneficiary passes away while you are still living.
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