Michael Bailey Law, LLC

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Will I Go To Jail If I Don’t Handle My Mom or Dad’s Estate Plan The Right Way?

The short answer is probably not.  I know people get really concerned about doing everything the right way, and I fully understand how people want to do things the right way, especially when it comes to legal matters, but jail usually isn’t the punishment if you happen to make some missteps in handling your Mom or Dad’s estate plan. There are a … [Read more...]

Why Coloradans Need To Start Early to Protect Your Assets from Medicaid

I frequently get calls from people who tell me that they want to put their assets into a trust to protect the assets from Medicaid.  The people who call often tell me that they read somewhere on the Internet that they could put their assets into a trust and qualify for Medicaid assistance.  I become the one that needs to tell them that while the … [Read more...]

Creating Certainty in a Time of Uncertainty

A couple of weeks ago I was participating in a seminar with a financial planner friend.  Our presentation discussed how to best approach financial concerns in retirement, and how to make money last through retirement.  My part was to talk a bit about the legal planning necessary for retirement, including the basics of estate planning, like a will, … [Read more...]

Don’t Lose Your Messaging: How To Be As Clear As You Can With Your Estate Plan

2020 has been a crazy year.  A pandemic, an election year, social unrest, fires, ash raining down from the sky, and a snowstorm on September 8th, protests concerning racial inequaliites, protests of government action, or inaction, and protests that have devovled into vandalism, rioting, looting, assault, and murder.  There has been a lot to take … [Read more...]

Don’t Forget Someone!  What Happens if All Children are Not Named in an Estate Plan?

In January, I heard the news that NBA legend Kobe Bryant was killed in a helicopter crash.  I was shocked at the news, as was most everyone else that I knew.  My cousin’s husband, who played in the NBA for a while, spoke about playing against Kobe Bryant with reverence, as Kobe Bryant was certainly an excellent basketball player. Something like … [Read more...]

[ANSWERED] How Often Should You Update Your Will?

Almost every person I meet asks me how often they should review, update, or revisit their will.  I am happy to answer this question, explaining as follows: “You should update your will every few years, or whenever you have a major life change.” Please read the following sentences in as sarcastic of a voice as you can: I know this is quite … [Read more...]

VA RULE CHANGES!

Aid and Attendance Asset Limits Change in October, 2018 The Department of Veterans Affairs (VA) recently changed the rules (with only one month’s notice to implement the change!) that make it more difficult to qualify for the VA’s Aid and Attendance long-term care benefits. The rules establish an asset limit, a look-back period, and asset transfer … [Read more...]

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11001 W. 120th Ave. Suite 400
Broomfield, CO 80021

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Law Office Locations

Aurora
6105 S. Main Street, Suite 200
Aurora, Colorado 80016

Boulder
4845 Pearl East Circle, Suite 101
Boulder, Colorado 80301

Broomfield
11001 West 120th Ave, Suite 400
Broomfield, Colorado 80021

Cherry Creek
501 S. Cherry St., Suite 1100
Cherry Creek, CO 80246

Denver
1580 Logan St Floor 6

Denver, CO 80203

Denver Metro North/Northglenn
11990 Grant Street, Suite 550
Northglenn, CO 80233

Fort Collins
2580 East Harmony Road, Suite 201
Fort Collins, Colorado 80528

Greenwood Village
7350 East Progress Place, Suite 100
Greenwood Village, Colorado 80111

Golden
14143 Denver West Parkway, Suite 100
Golden, Colorado 80401

Lakewood
355 S. Teller Street, Suite 200
Lakewood, Colorado 80226

Littleton
4 W. Dry Creek, Suite 100
Littleton, CO 80120

Louisville
357 S. McCaslin Blvd, Suite 200
Louisville, Colorado 80027

South Hover Longmont
1079 S. Hover Street, Suite 200
Longmont, CO 80501

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