Your Most Common Will Questions Answered

Wills Are Misunderstood More Than You Might Think Most people know they should have a will. Far fewer actually understand how one works, what it covers, and what happens if something goes wrong with it. The questions below come up regularly, and the answers might surprise you. Do I Really Need A Will If I Do Not Have Much? Yes....

Revocable Vs. Irrevocable Trusts For Families

Two Types Of Trusts, Very Different Purposes Trusts are one of the most useful tools in estate planning, but the word "trust" covers a wide range of legal arrangements. The two most common types are revocable and irrevocable, and they serve different purposes depending on what a family is trying to accomplish. Choosing between them is not just a legal...

Heiress Files $12B Trust Lawsuit

A massive legal battle is unfolding after an American heiress filed a $12 billion lawsuit against several major financial institutions, alleging they helped her late father misappropriate hundreds of millions from her trust. The case highlights the risks beneficiaries can face when oversight fails, even in carefully structured estate plans. Situations like this often prompt families to consult our Timnath,...

Attorney Sentenced In Trust Theft Case

A Northern California attorney was recently sentenced in connection with the theft of hundreds of thousands of dollars from a family trust, bringing renewed attention to the importance of fiduciary responsibility and oversight in estate management. The case involved a Windsor-based lawyer who admitted to misappropriating funds from a trust he had been appointed to oversee. Situations like this often...

Estate Planning For Young Windsor Adults

It's a common assumption. You're in your 20s or 30s, relatively healthy, and you don't own a mansion or a massive investment portfolio. A will feels like something for older people with more complicated lives. But that thinking leaves a lot of people, and the families they love, in a vulnerable spot. Estate planning is not about how much you...

Durable Vs. General Power Of Attorney In CO

A power of attorney (POA) is a legal document that gives someone else the authority to act on your behalf. The person you appoint is called an agent or attorney-in-fact. The person granting the authority is the principal. In Colorado, powers of attorney are governed by the Colorado Uniform Power of Attorney Act. Not all POAs work the same way,...

First Vs. Third Party Special Needs Trusts

When families begin planning for a loved one with a disability, the term "special needs trust" often comes up quickly. But not all special needs trusts are the same. There are two distinct types, and choosing the wrong one can have serious consequences for a beneficiary's eligibility for government benefits like Medicaid and Supplemental Security Income (SSI). Understanding which type...

Do You Need A Trust If You Are Not Wealthy

Most people assume that setting up a trust is something only the ultra-rich do. It's an easy assumption to make. Pop culture tends to portray trusts as tools for passing down family estates, offshore accounts, and sprawling business empires. But that picture is incomplete, and it leads a lot of everyday families to skip one of the most practical estate...

How To Fund A Living Trust In Colorado

You did the hard part. You sat down with an attorney, worked through your estate plan, and signed a living trust. That is genuinely more than most people ever do. The problem is that for many Colorado residents, the process stops right there, and that is where things can go quietly wrong. A living trust only works if assets are...

Why Probate Is Worth Avoiding

When someone passes away, their estate often has to go through probate, which is the court-supervised process of validating a will and distributing assets. It can take months, sometimes longer, and it costs money. It is also public record, meaning anyone can look up what you owned and who received it. The good news is that probate is not inevitable....

High Winds Leave Thousands Without Power

Severe wind events across Northern Colorado have left tens of thousands of residents dealing with widespread power outages, a situation that often prompts families to reflect on preparedness and long-term planning with guidance from our Loveland, CO will lawyer. According to live updates from Xcel Energy, wind gusts exceeding 100 mph swept through parts of the state beginning Dec. 17,...

Union Bank Expands Into Northern Colorado

Union Bank & Trust’s planned expansion into Northern Colorado marks a notable development for the region’s financial and legal landscape, especially for individuals and families who already work with Windsor, CO trust lawyer professionals to plan and manage their estates. The Nebraska-based bank has announced it will open its first Colorado branch in downtown Fort Collins, with an opening date...

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