Most people feel a huge sense of relief after signing their estate planning documents. And they should because they’ve taken a meaningful step to protect what matters most. But the truth is, an estate plan isn’t something to create and then file away forever. Life changes. Laws change. Families change. And when that happens, an…
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Quick FAQ Q; What is the difference between a will and a trust? A will only takes effect when you die and usually requires probate. A trust can manage assets during your life and after death, often avoiding probate. Q; Which is more expensive, a will or a trust? A will is cheaper upfront, but a trust can save time and…
Read MoreUnderstanding Estate Planning Costs in Colorado When you are trying to understand the next steps in estate planning, it is a natural reaction to ask, “What will it cost to do an estate plan?”. Usually, this translates to “How much will an attorney charge me to do an estate plan?” The answer boils down to…
Read MoreWhat is Probate in Colorado? Probate is the legal process for settling someone’s estate after they die. In Colorado, this usually means: Filing necessary paperwork with the probate court Appointing a personal representative (also called an executor) Paying outstanding debts, taxes, and other legal matters Distributing remaining assets to heirs or beneficiaries If there’s a…
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