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I recently found out that August is national make your will month. I did not know that was a thing until recently, but now I know. I am not going to tell you to get your will done this month, as that would be silly and definitely be rushing things, and we don’t want to rush! The ten-time national championship and all-time great UCLA … [Read more...]
How Do You Put Your House Into A Living Trust?
This question seems like an easy one to answer. To transfer your house into a Living Trust, you want to prepare a deed to transfer ownership of the house from you into the trust. In Colorado, you can use a Quitclaim Deed, Warranty Deed, General Warranty Deed, or a Special Warranty Deed to transfer ownership into the trust. Once you have properly … [Read more...]
Estate Planning in a Second Marriage: What You Need to Know
I recently had a client call me and request that I set up a trust for their brother. The brother is getting married in about 6 weeks, and the brother wanted to set up a trust to protect his assets from being claimed by his new wife. This was going to be a second marriage for the brother, and the brother wanted to keep the assets he earned during … [Read more...]
Lost in Translation: Avoiding Common Language Pitfalls in Estate Planning
My website designer and web marketing guru likes it when I use what he calls “Olde English,” which usually is something like an older version of a word, or an expression that comes from long ago. He asked me the other day where I learned so many words, and I told him it was likely a combination of things, but that I have read the King James … [Read more...]
“We The People” Are A Lot Alike: Why I Am The People’s Estate Planning Attorney
I cannot count the number of times college age students tell me they want to be an attorney. When I ask them why they want to go to law school I sometimes get confused looks. Many tell me that they want to make a difference in the world by saving the environment, protecting the innocent, or they are motivated to protect someone from the … [Read more...]
How To Give Your House Away After You Die – Estate Planning 101 (or Maybe Even More Basic Than That)
For most people who own a home, the home is likely their largest, and most valuable asset. If you purchased a home while you were young, and then paid off the home over time, then the home has likely appreciated in value, and your home is worth quite a bit. When it comes time to pass the house on to your children, you want to pass along the home, … [Read more...]
What is the difference between doing your Estate Plan Online and using an Estate Planning Attorney?
In the time that I have been working as an estate planning attorney, I have seen a lot of online options to set up an estate plan appear. Some of these websites are free, some are services you pay for, but all of them seem to have the same thing in common: Online services are mostly self-help services that help you create your own will or other … [Read more...]
At Home or Virtual: The Benefits of Getting Your Estate Plan Done From Home
I have seen a lot of movies set in the future, where video calls were the preferred method of communication, and apparently that was amazingly cool. In “Back to the Future II” the character Marty McFly (Played by Michael J. Fox) was on a video call with his boss, and then was fired by fax. Apparently this was the futuristic way to communicate in … [Read more...]
