Affidavit

An Affidavit is a sworn, written statement executed under oath in the presence of a witness or witnesses.

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Adult

In Colorado, individuals over the age of 18 are legally considered adults.

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A/B Trust

The A/B Trust is a type of Revocable Living Trust often used by married couples, wherein two trusts (i.e., trust A, also known as the “marital deduction trust”, and trust B, also known as the “credit shelter trust”) are created upon the death of the first spouse. By distributing the couple’s estate into two trusts when the first spouse dies, each spouse can, in theory, pass the maximum amount of property allowed to avoid federal estate taxes.

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Celebrity Estate Planning Disasters

Don’t have a will?  Well, don’t feel bad.  You’re in good company.  Many celebrities have died without an estate plan.  Here are just a few with interesting twists. Prince Rogers Nelson (Prince) Prince died on April 21, 2016 and apparently had no will.  While the value of Prince’s estate is the subject of speculation, it […]

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