by Nicole D'Arpa | Mar 17, 2023 | Probate
What is Probate? Probate is a legal term that encompasses the court process that happens when someone dies. Probate is used to appoint the Personal Representative, pay creditors, and distribute assets either according to the decedent’s Will or Colorado’s intestacy...
by Axis Law Group | Feb 17, 2023 | Estate Planning, Powers of Attorney, Probate, Trusts
Incapacity is a term used if you are still alive, but a doctor finds you’re unable to make decisions for yourself. You can be deemed incapacitated for a variety of reasons but the most common examples are brain aneurysm, coma, or dementia. How Incapacity is...
by Axis Law Group | Jan 19, 2023 | Estate Planning, Inheritance Laws, Probate, Wills
In Colorado, individuals may execute a Living Will. A Living Will, also referred to as an Advanced Directive or a Declaration as to Medical or Surgical Treatment, is not a Will at all. Why You Need a Living Will for Important Medical Decisions A Living Will is an...
by Axis Law Group | Jan 16, 2023 | Estate Planning, Inheritance Laws, Probate, Trusts, Wills
There are a lot of misconceptions about Trusts. I need to have millions of dollars to need a Trust. – False I need to own multiple properties to need a Trust. – False Having a Trust makes things way more complicated. – False Do You Need a Trust?...
by Axis Law Group | Dec 18, 2022 | Estate Planning, Inheritance Laws, Probate
Creating your own estate plan gives you the control to determine who inherits your assets after you pass. You choose who is in charge, who will inherit, and how they will inherit. Who Inherits Your Assets? If you don’t create your own Estate Plan, the courts apply the...
by Axis Law Group | Nov 22, 2022 | Estate Planning, Inheritance Laws, Probate
When someone passes away, should you be paying the decedent’s medical bills, credit card bills, or any other types of bills? Not right away. If you pay someone else’s debt with your own money, you could open yourself up to liability to pay all of the estate’s debt....
