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Myth: No Need to Revisit Estate or Beneficiary Plans

Myth: No Need to Revisit Estate or Beneficiary Plans

by Axis Law Group | Oct 11, 2022 | Blog, Estate Planning, Inheritance Laws, Myth

Just like other types of planning, estate planning and beneficiary designation is never a “once and done” proposition. Your life, preferences, and goals evolve over time and may be impacted by outside influences – such as the financial markets, tax...
Probate – Out of State Representative

Probate – Out of State Representative

by Axis Law Group | Aug 24, 2022 | Blog, Estate Planning, Inheritance Laws, Myth, Probate

In-State Resident and Probate Do you live outside of Colorado but are named as Personal Representative for a Colorado resident? No problem! Colorado does not require an in-state resident status. However, probate laws may differ from state to state and could end up...
Myth: If I Pass Away Without a Will, the State Will Get My Assets

Myth: If I Pass Away Without a Will, the State Will Get My Assets

by Axis Law Group | Jun 20, 2022 | Blog, Estate Planning, Myth

Truth: If you pass away without a Will, each state will apply its “laws of intestacy” to determine who will get what. Essentially, it is an Estate Plan that the State has created for you. In Colorado, if you pass away without a will, the order of...
Myth: I Don’t Need a Lawyer for My Estate Planning

Myth: I Don’t Need a Lawyer for My Estate Planning

by Axis Law Group | Mar 18, 2022 | Blog, Estate Planning, Myth

Truth: While template estate planning documents you download from the internet or handwrite may cover most common situations, you may have a complicated issue that warrants legal advice that you’re not even aware of. Sometimes an internet or handwritten plan is...
Myth: Estate Planning is Just for the Wealthy

Myth: Estate Planning is Just for the Wealthy

by Axis Law Group | Mar 17, 2022 | Blog, Estate Planning, Myth

“I don’t have enough assets to need an Estate Plan.” This estate planning myth comes from the focus of so many attorneys and financial advisors on estate tax, which may not be an issue unless your estate surpasses $12.06 million, a problem many of us...
Myth: Estate Planning is only about distributing my assets

Myth: Estate Planning is only about distributing my assets

by Axis Law Group | Oct 22, 2021 | Estate Planning, Myth

Truth: Legacy and incapacity planning are two areas of estate planning that encompass far more than managing your assets during or after your lifetime. Just like your goals, your legacy is unique to you and your family. While an estate plan addresses who will inherit...

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  • What is a Living Will?

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