Latest Blog Post/Relevant News Updates

In January 2020, a new law went into effect, known as the Setting Every Community Up for Retirement Enhancement (SECURE) Act, that fundamentally changes the distribution and taxation requirements for beneficiaries of retirement accounts. Families with special needs...

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The Coronavirus AID, Relief, and Economic Security (CARES) Act was signed into law Friday, March 27. Part of the $2.2 trillion package includes forgivable loans for small businesses. Click here – for information on loan eligibility prepared by the US Chamber of...

The Colorado Secretary of State has temporarily revised Notary Rule 5 to permit remote notarization for the duration of the state of emergency issued by Governor Polis.  The amended Rule 5 is available...

Colorado Gov. Jared Polis extended the income tax payment deadlines for all Colorado taxpayers until July 15, 2020. Interest from the due date of the payment until July 15, 2020 is waived.  This is in-line with the federal tax payment deadlines and policies.  This...

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More to report. The Senate has reached unanimous consent on a much-needed Stimulus Package. The House is set to take up the bill today. Some highlights of the final Cares Act: Stimulus Checks $1,200 per adult ($2,400 for a married couple). $500 for each dependent...

Confirm/Correct Beneficiary Designations I know this is a crazy and scary time, so for those of you with Wills and Trusts, now is the time to confirm that your beneficiary designations are consistent with your estate plan. Trust Funding For those of you with trusts,...

Estate planning can be a very difficult process. While it’s not brain surgery, making the decision to move forward with the planning requires us to face the fact that we will not live forever. This thought can stop many people right in their tracks. Others talk...

In 2008, Congress recognized the need for the public to understand the importance and benefits of estate planning by passing House Resolution 1499, which designated the third week of October as National Estate Planning Awareness Week. Nevertheless, according to a 2019...

Funding your trust is the process of transferring ownership of your assets from you to your trust. To do this, you physically change the titles from your individual name (or joint names) to the name of your trust. You will also change most beneficiary designations to...

As the custodian of UTMA or UGMA assets, you are responsible for investing those assets for the child's benefit. However, once the child attains 21 years (18 in some states), that child has the absolute right to control these assets - and do with them as he or she...