Do you really need a revocable trust estate plan? We have no hard and fast rule on this subject because there are additional upfront costs and then continuing costs of a revocable trust plan. The continuing costs revolve around making sure certain assets are in the revocable trust or made payable to the revocable trust […]
Thinking about starting a side gig? You are part of a growing trend. Forbes[1], Business News Daily[2], Time[3], and Fast Company[4] have all published articles within the last year discussing success stories and tips for an ever-growing sector of workers who are starting businesses outside of their 9-to-5 job. This work as an independent contractor, […]
The Trump administration is proposing a complete repeal of the Federal estate tax. The federal government currently levies a tax on all assets owned at time of death. Using federal tax credits, the first $5.49 million in assets are exempt from federal estate tax. In return for being subject to the federal estate tax, all […]
Protecting Young Adults Before an Emergency Arises Matthew is going to college and living on his own for the first time. Months have been spent planning, applying to schools, and pursuing financial aid. Matthew’s parents made sure that he had a good computer, a credit card for emergencies, and even the special extra-long twin sheets […]
While we certainly enjoy reviewing a contract before there is a dispute, the reality is that many contracts are not reviewed by legal counsel. For various reasons, people opt to do it themselves. With that in mind, here is a short list of rules to live by and contract clauses to always scrutinize.
An estate planning attorney listens to your wants and needs and turns your wants and needs into language that will actually carry out your goals. Online services tend to hedge against any sort of guarantee that their document(s) will work: “[The online service does] not warrant that the content is accurate, reliable or correct; that the services […]
When it comes to estate planning, don’t be fooled into thinking that inexpensive online estate plans will accomplish what you actually desire. In most cases, online estate plans are very simplistic, incomplete, and will not avoid the probate process. For something as important as your estate plan, you really shouldn’t do it yourself. A Last […]
Most landlords know the rule that residential security deposits cannot be withheld from a departing tenant without written notice. Many tenants receive written notice withholding a security deposit for what most would consider normal wear and tear. What can the tenant do?
Timeshare ownership has seen its ups and downs over the years. In the current economy, many people who would like to sell their timeshare, can’t
After heated debate, Colorado enacted two laws affecting all gun owners and any person in the presence of a firearm. The first law requires a background check anytime there is a transfer of possession of a firearm. The second law prohibits the sale, transfer or possession of ammunition magazines with a capacity of more than 15 rounds.