If you have a parent or other relative that needs assistance managing his or her affairs, you may need to get legal authorization to assist in place. This may involve being appointed to act as a guardian. In some cases, a court may even appoint a conservator. A...
What are reasons to use a generation skipping trust?
At your current stage in life, you might have grandchildren or even great-grandchildren that you want to inherit from you. Many parents rely on their grown children to pass along an inheritance, but you may want a more direct way to transfer some of your wealth to...
Why you need a will right now
It is difficult to think about the distant future, so like many Americans, you may have put off creating a will. A recent study conducted by Merrill Lynch and Age Wave found that of people over the age of 55, only half have added a will to their estate plans. When...
What are the duties of a guardian?
If a Colorado court appoints you as a guardian, it grants you the legal authority to make decisions about the health and welfare of another person, i.e., your ward. Your ward may be either a minor child or an adult who lacks the capacity to make decisions on his or...