A fundamental question which most people must decide in the course of estate planning is whether they should create living trusts or rely upon wills. Generally, simpler estate planning situations are better addressed in wills. Trusts are more expensive to…
There are several ways to manage charitable donations in the course of estate planning, and some have significant tax advantages. Special Charitable Gift The most common kind of charitable gift is a “special charitable gift” set forth in a will or a…
Section 15-15-401 et seq. of the Colorado Revised Statutes authorize the execution and recording of “beneficiary deeds” in Colorado. Beneficiary deed forms are set forth in C.R.S. 15-15-404. A beneficiary deed is a conveyance of an interest in real property…