What is Probate and Why You Want to Avoid It

A Will must be probated, therefore, making it available to the public. Are you curious what Jacqueline Kennedy Onassis or Elvis Presley did with their fortune? How they dispersed their assets? Shockingly, it is simple to find out how their fortune was divided up because both used a Last Will and Testament in their estate plan.  A Will must be probated, therefore, making it available to the public. Probate is the legal process normally required

Overcoming Your Fear of Probate

PROBATE – AHH!!! Just the mention of the word sends chills down many American’s backs. But is it really that bad? We in Colorado are fortunate that our laws allow us to choose how to proceed into probate (which is the process of winding up the affairs of a decedent by paying creditors and distributing assets and property). The two choices are informal probate or formal probate. Informal probate means that the estate is not

Do I Need A Will Or A Trust?

Do I Need A Will Or A Trust? That is one of the most common questions I am asked. The problem is that is the same as asking if you should turn left or right without saying where you are or what your destination is. In fact, those are typically my first two questions in an initial meeting. First: “What is your goal? And second: “Where you are in life and what do you have?”