Colorado's new trust code takes effect January 1, 2019 and is generally bad for trust creators. The bad news is that Colorado's new law further devalues privacy and protection. The good news is that the law is generally a "default" law and many of the less desirable provisions can be avoided with careful planning. The better news is that the trust can be completely avoided with proactive planning under a better jurisdiction's laws. Read on.
Estate Planning
We need a magic decoder ring
The world of estate planning has its own technical language. For people who aren’t used to the lingo, it can get really confusing quickly. This brief guide is intended to peel back the curtain a little.
The Bespoke Trust Protector
In this video, our own Matthew T. McClintock, partner at Evergreen Legacy Planning, LLP and founder of Bespoke Protector Company, LLC discusses the role of trust protectors in long-term trusts....
LLC Series Part 1 – The Chameleon: Legal Form vs. Tax Classification
Business owners must understand the difference between the legal form of their business and the choices they have with tax elections. The first of this multi-part series discusses those differences.
Trust Funding: Making your trust work when it matters most
Trust funding can be confusing and it’s a process that must be maintained for a trust to work. Successful funding is the difference between an estate plan that looks good on paper and one that actually does what it’s supposed to do when it really matters.
Why Online and DIY Plans Fail
A friend of mine who happens to be a financial advisor recently told me about some of her clients who need estate planning. They're a married couple with three kids and a few pieces of rental...
Planning for LIFE
Estate planning isn't just planning for what happens after you die; it's also about planning for life. Who can make important decisions for you if you're away or if you can't make those decisions for yourself anymore? Who is going to take care of the kids if you can't?
Planning for What’s Next
No one likes to really think about it but we know it's going to happen eventually. Someday the time will come to pass what you leave behind to the people or causes you care the most about. For...
Making it Work Over Time
Once it's complete, an estate plan needs to be reviewed and revised fairly frequently. The law changes, people move, priorities shift, and well-designed plans may grow obsolete. We work with you...
Estate Planning After a Divorce
When a couple goes through the difficulty of divorce the last thing either party wants to do is talk to another lawyer. In many cases, the couple has spent many hours and lots of money dealing...