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Colorado Homeowner Associations: Covenant Disputes (Part 3 of 4)

Most Colorado residential developments have covenants that establish the obligations of the homeowners. Disputes arise over just what a homeowner can and cannot do on his real property. When those disputes arise, the courts must interpret the covenant in dispute.

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Custodial Account Or Trust? Which Is Best For Children?

At least once a year we get a frantic call from a parent with a slightly out of control minor or adult child. The question from the parent is, “Can the child get at the money in the custodial account”? The answer is usually a simple yes or no, but it underscores a more important question. How should parents make cash gifts to children? The answer is pretty easy. Use an irrevocable trust and not a 2503(c) or minors trust.