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Author: PMiller

Estate Planning and Social Distancing

Estate Planning and Social Distancing

Prior to social distancing my firm’s procedure for drafting and finalizing a client’s estate plan went something like this. I met with clients a first time to gather information; then created a first draft of their documents; next I met with them again to review their documents; and lastly I met with them a third time to finalize their estate plans. If the stay-in-place order has forced you to address “what if” scenarios which were previously unthinkable. So, after you’ve…

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Business Owners: Doing This Will Help Protect You From Cyber-Criminals

Business Owners: Doing This Will Help Protect You From Cyber-Criminals

As, small businesses continue to be a target for cyber-criminals, small business owners also struggle to find resources to combat the attacks. However, there is a cost effective measure within an owner’s control they could put into use right away. A recent study found three-quarters of the businesses surveyed had experienced a cyber-attack in the previous year. Phishing and social engineering attacks and scams were the most common form of attacks. Another popular method cyber-criminals used is gaining access to files and…

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Blended Families & Estate Planning: Yours, Mine, Ours

Blended Families & Estate Planning: Yours, Mine, Ours

Every remarried couple with a blended family needs to redo their estate planning documents. Besides updating your will, here are some things you should consider when reviewing your estate plan. Guardianship Plan In the event of your death, your children will go to their biological parent. If however, the biological parent is not capable of taking care of the children, now or in the future, it’s best to update your guardianship appointment documents. Additionally, if you believe it is not…

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Start-up LLC Check List

Start-up LLC Check List

New LLC Starting an LLC can be a daunting process, and getting off on the right foot is important. Moreover, in the event you get sued or audited, the court will look to see if the LLC is conducting itself as its own separate entity rather than an alter ego of you personally. If the court does find the LLC is an alter ego of yourself, then you will be held personally liable for instead of the start-up LLC. Similarly,…

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Estate Planning and Beneficiary Deeds In Colorado

Estate Planning and Beneficiary Deeds In Colorado

In Colorado, a home or real property can transfer from one owner to another by the use of a beneficiary deed. Upon the death of the grantor, the transfer of property passes outside of probate. As with creating a trust or joint tenancy, the use of a beneficiary deed is considered another probate avoidance strategy. Below of some things you should know about beneficiary deeds when considering one in your estate plan: It must be recorded before the death of…

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