Ads about investing or banking will often use the term fiduciary duty, but the average person may not know what it means. Someone's fiduciary duty is a wide-ranging obligation where a business and its staff are obligated to support the best interests of a client...
Estate Planning
Do you ever worry about your children being disinherited?
Are you married with children from a prior relationship? Do you worry what will happen to your children if you are in a fatal accident? Colorado fortunately allows Contractual Wills which can prohibit a change in beneficiaries after one spouse has passed. Contractual...
Equally dividing a family business can be a mistake
Most parents take great pains to ensure that they give each child the same about of love and attention. Therefore, it should come as no surprise that business owners here in Colorado often try to pass equal shares of the company or business to their children, whether...
Covering the Estate Planning Basics
A basic estate plan for everyone should consist of the following four documents. Please contact Pearson & Paris for a free consultation. WILL: A will, sometimes called a last will and testament, is how an individual directs how property should be distributed upon...