by Axis Law Group | Apr 26, 2023 | Powers of Attorney, Probate, Wills
Before we get into the nitty gritty, a “Personal Representative” is the person appointed in a Will. A Will by itself does not avoid probate; that time consuming and expensive court process that is discussed here: A Will is typically used as an instruction sheet for...
by Axis Law Group | Apr 11, 2023 | Estate Planning, Wills
The Constitution of the United States of America requires that states give “full faith and credit” to the laws of other states. This means that each state gives reciprocity to another state’s estate planning documents. However, this does not mean you should move...
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 | Nov 3, 2022 | Estate Planning, Inheritance Laws, Wills
Wills are extremely important estate planning documents. You appoint a Personal Representative (executor) who has four jobs: locate your assets value those assets pay any potential creditors distribute your assets according to your Trust. Last Will and Testament A...