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Employment, Insurance, Malpractice, and Estate Attorneys Serving Colorado Springs, Pueblo, Castle Rock & Nearby Colorado
No one likes to think about their mortality, but with the rapid spread of COVID-19, practicality must take precedence over preference.
While older populations are statistically at higher risk, COVID-19 has proven fatal for people of all ages, even those without preexisting conditions. This makes it…Read Full Post
Selecting a contractor to do work on your house is often a complex and detailed process. Even with great care in selecting, poor workmanship is not impossible.
But can a contractor be sued for an unsatisfactory job? That depends on several factors.
Contract DisputesRead Full Post
There are three parties involved in every trust:
- The Trustor
- The Trustee
- The Beneficiaries
A trust is a fiduciary relationship in which a trustor (also referred to as a settlor or grantor) selects a trustee to handle estate and asset distribution to beneficiaries upon the trustor’s death. A trust is often included in estate planning, particularly in instances where significant assets are involved or special circumstances apply.
What is Trust Administration?
…Read Full Post
According to the 2019 Identity Fraud Study, conducted and released by Javelin Strategy & Research, there were 14.4 million cases of identity theft in the United States in 2018. While this number is down from 2017’s record-high 16.7 million victims, the out-of-pocket financial burden suffered by victims of identity theft in 2018 was $1.7 billion, more than double that of previous years.
Most at risk for identity theft are seniors and children, with seniors accounting for well over a quarter of all fraud complaints and nearly…Read Full Post
What is a Living Will?
A living will is an estate planning document that details what actions should be taken in cases where severe injury, illness, or disease has rendered a person incapable of making his or her own decisions and the condition is terminal and not reversible. In Colorado, a…Read Full Post
There can be a number of issues that arise while a project is in construction. Once it’s finished, however, the hope is that all of those issues have been worked out and the project will not need to be updated, modified, or fixed for several years. This is, unfortunately, not always the case.
Common…Read Full Post
Estate planning allows you to decide exactly what you would like done with your assets when you pass. Typically, estate planning will include the creation of documents that clearly define your wishes following death. Taking time to make these plans can also help to minimize disagreement and quarreling after your passing and can help in…Read Full Post
According to SeniorLiving.Org, the average yearly cost of assisted living in Colorado is $48,750. For a private room in a nursing home in Colorado, that cost skyrockets to $108,000 a year – $94,704 if you are in a shared room.
The average Social Security benefits amount is…Read Full Post
According to data gathered by the Family Caregiver Alliance, one in three adults over the age of 65 will require nursing home care at some point. This places many spouses and adult children in the often uncomfortable position of choosing a suitable long term care facility for an aging parent – a task that is not always as straightforward as one might hope.
It can be very helpful to work with an experienced elder law attorney when choosing a facility to ensure that you and your parents remain protected against common missteps.… Read Full Post
Between 40 and 50 percent of marriages end in divorce. A majority of people who undergo divorce eventually marry again. This can create unforseen problems when planning an estate.
What is a Blended Family?
Blended families commonly include:
- Married couples in which one or both partners have children from outside the current marriage
- Families with children who have children with more than one partner
- Families with children whose spouses have children from outside of the marriage
While a growing family can bring joy and opportunity for bonding with children and grandchildren who are not related by blood, it can also bring…Read Full Post