What Is a Trust

What Is a Trust

Cristyn: Hi. Today we’re going to talk about what a trust actually is. A trust does allow you to say who you want in charge when you pass away of distributing your assets and where you want your assets to go. Think of a trust as a living entity, so it’s...
Colorado Probate Creditors

Colorado Probate Creditors

Cristyn: In Colorado, in probate, we have to deal with creditors. What the law says is, if the decedent passed away more than a year ago, great, we don’t have to worry about any unsecured creditors, their claims are forever barred. But if the person passed away,...
A Document Generator, A Bad Idea

A Document Generator, A Bad Idea

Nicole: I have clients come in and ask me why they should not use online generators to make their estate planning documents. The biggest reason is because you probably don’t know exactly what that document says. When you meet with an attorney, we walk you...
How to Fund a Trust

How to Fund a Trust

Cristyn: When it comes to funding a trust, we’re going to be looking at really three different types of assets and how they get to the trust. Real property, typically, we’re transferring it into the trust if you already own it when the trust was created....
Colorado Probate Basics

Colorado Probate Basics

Cristyn: Colorado-specific Probate Basics. In Colorado, you go to probate when the person owning an interest in real property passes away and has that ownership interest, that’s not passing automatically through joint tendency or beneficiary deed to another...