Blog | Law Office Of Bridget Rachel

What Happens If You Die Without a Will in Colorado Springs?

If you die without a will in Colorado, the state steps in and makes decisions that you could have made yourself. Colorado's intestacy laws — the rules that govern who inherits your property when...

Will vs. Trust in Colorado: Which One Does Your Family Actually Need?

One of the most common questions we hear at our Colorado Springs office is some version of this: "Do I need a will or a trust — and what's the difference?" It is a practical question, and it...

Estate Planning for Colorado Springs Families Near Fort Carson: What Military Households Need to Know

Colorado Springs is home to one of the largest military communities in the country. Fort Carson, Peterson Space Force Base, Schriever Space Force Base, and the Air Force Academy bring tens of...

Why Appointing a Guardian for a Minor Child Goes Beyond the Will

Few things are as significant as ensuring your minor child is cared for by someone who loves them in the event of your passing. As you consider who to appoint as a guardian in your will, consider...

What Does an Executor Need to Do?

Being named an estate executor is an honor and a big task. It is an honor because being named executor means your family member or friend trusts you implicitly enough to put you in charge of their...

Stay-at-Home Parents Need an Estate Plan

Any family’s estate plan must address all aspects of life, planning for incapacity and death. It’s easy to overlook the Stay-at-Home Mom (SAHM) or dad. They don’t have paychecks, raises, reviews,...

Who Is the Best Choice for Executor?

Creating an estate plan includes assigning a person (or persons) to three different roles: one to oversee financial affairs if you are incapacitated—Power of Attorney—the second to be the successor...

Safeguarding against Financial Exploitation: Estate Planning for Cognitive Decline

In this overview of estate planning for cognitive decline, we examine signs of dementia and the role of estate planning in protecting our aging loved ones. The National Institute on Aging (NIH)...

Why are Inheritance Conversations Necessary?

Having an estate plan prepared by an experienced estate planning attorney is nowhere near as challenging as having conversations with adult children about your intentions. However, not having the...

Why is a Will Important?

Everyone knows what a Last Will and Testament is. However, many Americans don’t have one, says a recent article from The News-Enterprise, “Why everyone needs a will.” Many people think they don’t...

Unraveling the Mystery of Trusts: What Your Estate Planning Attorney Wishes You Knew

Trusts are invaluable tools in estate planning when it comes to securing your financial future and ensuring that your assets are handled according to your wishes. However, the intricacies of trusts...

Empowering Your Healthcare Decisions: The Essential Guide to Advance Directives

In today’s complex healthcare landscape, having a say in your medical treatment and end-of-life care is more crucial than ever. Despite the importance, only a third of U.S. adults have formalized...

How Do You Stop Family Fights over Inheritance?

One of the many aspects of a professionally created estate plan involves employing strategies to avoid inheritance disputes. Your estate planning attorney has various tools, from creating a...

Why You Need Two Kinds of Power of Attorney Documents

Wills and trusts are used to establish directions about what should happen to your property upon death and who you want to carry out those directions, explains an article from Coeur d’Alene/Post...

Estate Planning Essentials for the Sandwich Generation

The sandwich generation, a term for individuals juggling the care of their children and aging parents, faces unique challenges. This demographic, typically in their 30s and 40s, is experiencing a...

Pitfalls of Do-It-Yourself Estate Planning: Should I Use a DIY Trust?

Should I Use a DIY Trust?Estate planning is a critical component of financial stability, ensuring that your wishes are honored in life and after death. In this digital age, online platforms...

What Do I Need to Do When a Loved One Dies?

The death of a loved one is hard to endure. It can become all-consuming. When a loved one dies, there are new matters that need to be addressed.Kiplinger’s recent article entitled “A Checklist for...

Communication is Key in Generational Estate Planning

Successful transition of wealth from generation to generation is best accomplished when family members have a shared understanding of the overall use of the family wealth. While the initial wealth...

Here’s Why You Need an Estate Plan

It’s always the right time to do your estate planning, but it’s most critical when you have beneficiaries who are minors or with special needs, says the Capital Press in the recent article, “Ag...