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If you are reading this, you should have already started planning. When a person turns 18, the responsibilities that come with being an adult become theirs. Planning for your finances, healthcare, and power of attorney is essential. Establishing an estate plan and updating it every three to five years is important. Few 18-year-olds will do…

Probate is the process of “proving” a will. After a person dies, the probate process ensures that an authentic will exists and is valid. The deceased’s assets are cataloged, and the rightful heirs to the property are determined. Probate fees can cost 5 to 10% of the value of an estate. You have worked hard…

A will and a living trust fall under the same umbrella. Both are often used in estate planning and involve the transfer and protection of assets. But they perform different objectives. If you have questions about estate planning, Brady McFarland & Lloyd has estate planning attorneys who are experts in the field and can apply…

Organizing and planning your estate can be a daunting task. There are so many things to consider, and it is easy to make mistakes. Unfortunately, even a small mistake in your estate planning can have major consequences for your loved ones. Some of the most common Denver estate planning mistakes include the following: 1. Not…