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Medicaid planning attorney in denver

Your swift guide to a QPRT

Denver Attorney
The full title is a Qualified Personal Residence Trust. This is an irrevocable process whereby you can use a gift tax exemption to remove a residence from your taxable estate. It removes the current and future value of a primary or secondary residence for just pennies on the dollar. During the term of a QPRT,…
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Asset Protection law office in denver

Three breaches of fiduciary duties to be aware of

Denver Attorney
After someone dies, their appointed trustees and executors have many responsibilities. Such fiduciary duties are usually scrupulously dealt with. However, there are three areas where this might not happen. These breaches often refer to one or more three key duties… Care – representatives should manage assets according to both the law and estate documents Impartiality…
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Do you need to have a living will in colorado

Choosing your executor

Denver Attorney
Executors are individuals above the age of 18 who you appoint to handle your estate after your death. Choosing the right executor of your will is, thus, vital as they are responsible for all the decisions relating to your estate, such as spending money for your minor children. When choosing your executor, ensure they are…
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The different parts of an estate plan

Revising your estate plan after divorce

Denver Attorney
Going through a divorce can be challenging for any couple, especially when children are involved. However, after your divorce, it’s vital to update or revise your estate plan to ensure your assets go to the right person/s when you die. Besides, during a divorce, your assets, property and debt will be divided, requiring you to…
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Estate planning from Meurer Law offices

Leaving an inheritance for your children

Denver Attorney
Providing for your kids in case you die prematurely is vital in ensuring they live comfortably after you’re gone. However, many parents worry their children may not be financially responsible and can mismanage an inheritance. Luckily, you can avoid this by naming a property guardian in your will to manage whatever property the child inherits.…
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Man& woman Meurer Law Office Denver CO

Common myths about wills

Denver Attorney
A will is a legal document in which an individual expresses their wishes as to how their property will be distributed upon death. However, many people avoid writing wills because they don’t know much about probate, trusts, and wills. Here are some common myths about wills you should avoid. If someone dies without a will,…
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I need a will

Who can inherit if there is no will?

Denver Attorney
Dying intestate means you pass on without a will and the intestacy laws of your state determine the distribution of your property. While these laws vary greatly between states, in most cases, your real estate is distributed to your “heirs” in split shares. For example, if you’re married and have children, they will inherit your…
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Local lawyers know the system

Is your Will formally correct?

Denver Attorney
There is a wide range of reasons why a will might be contested. Among the most frustrating for beneficiaries, and one never intended by the person making that Will, is for the formalities – or technicalities, if you prefer – to be at fault. Problems can include a lack of proper notarization, incorrect paperwork, or…
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I need a will

Is a Simple Will right for you?

Denver Attorney
It may be; particularly for estates of less than $100K and with adult off-spring beneficiaries with no Special Needs. However, Simple Wills do usually require court supervision. Among the key reasons for this is oversight of property transfer to beneficiaries. This leads to court costs, plus legal and executor’s fees, estimated at over 4% of…
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Elder Law in Denver

The benefits of a Memo for Personal Property

Denver Attorney
This is a way of adding specific information to your will without making it of excessive length. It also allows you to make later changes without having to work through what can be an extremely drawn-out process. Your Memo of Personal Property allows you to bequeath items to individual heirs. You can include items such…
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