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What are the most common trusts used in estate planning?

The most common types of trusts used in estate planning are revocable living trusts, irrevocable trusts, and asset protection trusts. A revocable living trust ...

What is Colorado intestate succession law?

Colorado intestate succession law governs the distribution of a decedent's assets when they pass without a valid will or trust. In such cases, the ...

What is the difference between a Will and Trust?

Wills and trusts are both legal documents that help manage your assets after you die, but they have some key differences: A Will: Takes ...

What is a Living Will?

A living will, also known as an advance directive or medical directive, is a legal document that outlines your preferences for medical treatment in the event you ...

What is Elder Law?

Elder law is a specialized area of legal practice that focuses on the legal issues that affect older adults and their families. Elder law ...

How to get a power of attorney for elderly parents?

To obtain a power of attorney for elderly parents in Colorado, the following steps can be taken: Discuss the power of attorney with your ...

Does Medicare cover the cost of bathroom grab bars?

In Colorado, Medicare Part B may cover the cost of medically necessary durable medical equipment (DME) for beneficiaries who meet certain eligibility requirements. Bathroom ...

Are caregiver expenses tax deductible?

In Colorado, caregiver expenses are not directly deductible from your state income taxes. However, there are some federal tax benefits that may help offset ...