Blog Articles

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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Do These Four Things When Starting Your Business

Do These Four Things When Starting Your Business

Getting off on the right foot is crucial with everything in life. Starting a business is no exception. As you’re beginning the process, or if you’ve already begun, please keep these four things in mind. 1) Choose the Right Entity If you’re a sole proprietor, in a partnership, an LLC, or a corporation; it’s important to understand the nature of each business type and choose the right one for your business.  Each one is distinctly different, and they each have different formation and…

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Colorado’s Digital Privacy Law

Colorado’s Digital Privacy Law

Colorado’s Digital Privacy Law On September 1, 2018, the Colorado Protections for Consumer Data Privacy law, went into effect. The Privacy Law is part of the Colorado Consumer Protection Act (“CCPA”), and will help protect personal data. It you’re a business owner who collects the following Personal Identifiable Information (PII), you’ll need to adapt your processes and procedures to not only protect their customers but yourself. Use the list below to help you decide whether or not the new law…

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