Can I use one Family Trust for my life insurance and house or do I need two separate trusts?
One trust can meet all of your needs that you have listed. Having multiple trusts would defeat the purpose of trying to simplify your estate...
Colorado Springs, CO
Criminal defense Lawyer at Colorado Springs, CO
Practice Areas: Criminal Defense, Probate ... +3 more
One trust can meet all of your needs that you have listed. Having multiple trusts would defeat the purpose of trying to simplify your estate...
The statute of limitations on the collection of a debt, any debt, is six (6) years in Colorado. C.R.S. 13-80-105.3(1)(a). The statute of...
Mr. Leroi is correct. The statute of limitations on the collection of debt is six years in Colorado per C.R.S. 13-80-103.5(1)(a). Hope that helps.
You need to consult an attorney immediately. The statute of limitations for negligence in Colorado is two years per C.R.S. 13-80-102(a). It sounds...
As my colleagues have urged, please do not talk to anyone about this any more. Specifically, stop talking about it on this public forum. Many...
You need to consult a local attorney to see what your options are. It does not appear that the proper procedures have been followed. You need to...
Mr. Leroi has covered your questions well. As long as the attorney's wife is not a named beneficiary, she is not disqualified to serve as a...
Mr. Leroi is spot on (he always is!) The estate tax "exemption" right now is 5,240,000.00 so you are under that. Whether you would be better...
You are correct: insurance proceeds go directly to the named beneficiary and bypass the probate estate. That is why they are referred to as...
Mr. Orr is correct - at times like this you need to seek advice from someone who knows the system and the laws, not rely on well-meaning friends....