All work and no estate plan makes Jack a dull boy. All work and no estate plan makes Jack a dull boy. I know estate planning ranks right up there with having a root canal. But, I do my best to make going through the haunted hotel of estate planning as painless as possible. The most difficult part for many is starting. And getting started is as simple as scheduling an initial consultation. During our consultation, I’ll ask you what…
As children are back in school for the 2021-2022 school year, they look forward to a time of new beginnings and friendships; new goals and dreams; as well as new supplies, clothes, and shoes. Unfortunately, the delta variant has also made it a time of renewed caution. Last year I posted back to school article on the importance getting an medical power of attorney and HIPAA release. It’s just as important now as it was then. Especially if you’re working…
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…
Before finalizing your estate plan, you should become familiar with some of the notary terms that are associated with the act of signing your documents. What is a Notary? “Notary” or “Notary Public” means any individual appointed and commissioned to perform notarial acts [C.R.S. 12-55-102(3)] Because the definition in the Colorado Revised Statutes is so brief, the following information has been included to further describe what a Notary is. Various definitions/synonyms for “notary public” can be drawn from other states’…
A Colorado medical power of attorney is a legal document that gives an individual, the power to make healthcare decisions on your behalf. This document along with, the financial power of attorney are two important instruments every estate plan should include. Similar to the financial power of attorney, a healthcare power of attorney creates a principal and agency relationship. You are the principal, and the person you designate is your health care agent. Plan For Incapacity First Most people when…