When we draw up a comprehensive estate plan, we are focusing on assets, money, and what we must do in case we are incapacitated. But in my view, this doesn’t encompass widely enough the transfer of values, traditions, and how we want to be remembered. Letting people know these things is of enormous value for loved ones. Ethical wills can also be valuable tools in reconciliation and healing...
Rocky Mountain Elder Law is proud to sponsor BOXED 2024, a dynamic cooking challenge aiming to ignite culinary creativity and fuel vital community support. Attendees have the chance to enjoy a silent auction and wine pull, networking, and tastings in the kitchen before casting their vote for the top chef! On October 9, this annual event raises funds for Benefits in Action, a non-profit committed...
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If you watched our video and you're ready for more information - watch our webinar. As we go through life, we often focus on building our careers, raising our families, and planning for retirement. However, there's one crucial aspect of life planning that many of us tend to put off: creating a will. No matter your age, if you don’t have a will, this message is for...
This year, significant upcoming changes to federal income tax laws need our attention because they might mean you should revisit your estate plan. While you may think you are immune to these changes, a closer look shows potential implications for many people in Colorado. For example, if you own real estate in Colorado and have a second home or are beneficiaries of a trust in Colorado (such as a...
This summer my son turned 18, finished high school, and will be heading off to college in the fall. This has been a milestone year in my house and we are so proud of him. However, my son turning 18 will create some complications when it comes to healthcare. He is now seen as an adult under federal law and this means that his health information cannot legally be shared with anyone else – even...
A few words from us to help you understand what you can and should do in the first few days after your loved one dies and before the appointment of a Personal Representative - previously called an executor. Every estate is different, and every family is different. Therefore, other issues may come up that are not covered here or which must be handled differently. We can assist you through...
In the United States, Medicaid matters because it is the only avenue to get government support to pay for your long-term nursing home care needs. Medicare does not cover long-term nursing care. So, the options are to qualify for Medicaid, have long-term care insurance or pay for nursing home care yourself. Medicaid can serve as a lifeline for individuals in need of long-term care, particularly...
In Colorado, a common law marriage are more complicated than many people realize. Some people assume that they are common law married because they have been with their partner for many years, where in fact according to the rules, they aren’t. In other cases, people claim to be common law spouses and thereby try to claim assets that should not be theirs. A common law marriage in Colorado...
As people think about getting older and needing care, they start considering the cost and what help there is available. Many people have heard of Medicare and Medicaid, but there is a big difference between the two, particularly when it comes to paying for nursing home care. Medicare, which is available to everyone 65 and over in this country, does not cover nursing home care. The only plan that...
In the United States, gay marriage became legal across all 50 states in 2015. However, given the makeup of the current Supreme Court, this could change in the coming years. It would be a very sad day for this country if it were to happen, but we cannot ignore the possibility. As part of your estate planning, you need to be aware of the potential risks that loom and plan accordingly. These...
