Lakewood, Colorado Elder Law And Estate Planning Law Blog
How can I avoid probate?
Probate is the process where Colorado ensures your wishes are followed after you die by having the court review your estate. Sometimes, it can be a lengthy process. In all cases, it costs money for fees. It is possible to avoid probate in some cases, though, according...
read moreWill my estate go to probate?
One of the main goals when creating your estate plan in Colorado is to make things easier for your heirs when you die. Your estate plan outlines your wishes and allows you to decide which assets go to which heirs. You can make arrangements to ensure there are no...
read moreFour Colorado nursing homes are on the SFF candidate list
Four of the most poorly managed nursing homes in Colorado are on the list of candidates for the Special Focus Facility program, which is monitored by the Centers for Medicare and Medicaid Services. Because the SFF list is new and only contains four homes located in...
read moreAm I eligible for Medicaid: long-term care in Colorado?
Medicaid in Colorado is a health insurance program specifically for low-income people. Funded by the state and federal government, it provides healthcare to those in need. Many elders require Medicaid when it comes to health insurance coverage. This is particularly...
read moreStudy shows Medicaid ambulance rides more affordable than Uber
Based on a recent study, Medicaid recipients in Colorado may find it more affordable to use an ambulance service for an emergency rather than calling a taxicab or hailing a driver from a rideshare app. Uncertainty regarding how to pay for a ride to the hospital,...
read moreWhy to choose a trust over a will
According to American Association of Retired Persons (AARP), families in Colorado should look to trusts to fulfill their estate planning objectives rather than wills. There are several reasons why trusts may be a better legal tool than wills, the first being that...
read moreDo you think an estate plan is just a will?
If you have never given much thought to estate planning before, you may not know where to begin or what your plan can include. Like many Colorado residents, you may think that creating a will is the same thing as creating an entire estate plan, but that is not...
read moreChoosing legal guardians for minor children
One of the most important steps parents in Colorado and around the country take when developing an estate plan is choosing a guardian to care for their minor children. When parents pass away before their children reach the age of 18, guardians are called upon to take...
read moreQuestions single parents should consider when estate planning
For most Colorado parents, the needs of their children will factor strongly into how their estate plans are structured. A single parent may need to consider who would take care of a son or daughter if he or she were to pass on. This is especially important when there...
read moreIt’s a big mistake to not name an IRA beneficiary
Many Colorado residents worry about properly saving or investing the money in their Individual Retirement Accounts. However, the biggest mistake an account holder can make is failing to name the right beneficiary. It may seem like a small detail, the sort of thing...
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