Charitable giving can be an important part of a comprehensive Colorado estate plan. In addition to establishing a person's legacy after they've passed away, philanthropy may convey tax benefits to the estate or heirs. Regardless of the specific reasons for charitable giving, gifts can usually be readily incorporated into the estate plan by an attorney.
How to prevent family conflicts over a will
One of the reasons Colorado residents draft wills is to prevent family conflicts over their wishes once they pass away from occurring. However, the mere presence of a will won't magically ensure that family squabbles won't arise. Careful planning is required to make sure that someone's estate plan is executed with minimal drama.
