Blake Harris

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Firm/Organization: Mile High Estate Planning
Blogs: Mile High Estate Planning

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Transcription Probate is the court-supervised process for distributing an individual’s assets after they pass away. There are six steps to the probate process. First, a personal representative must be appointed. Any beneficiary, heir, or creditor of the estate can apply to be a personal representative. There’s a statutory list of who will be assigned a personal representative duty first, but if that first individual does not step up to be a personal representative, another individual…
Tom Martino: Hi, Tom Martino, your troubleshooter, 303-713-TALK, 713-8255. Okay, CJ, we have Blake Harris with us, attorney at law milehighestateplanning.com. Blake, hang on a sec, CJ has a good question. I’m going to sum it up for you, all right, CJ, and then you tell me if it’s correct or not? CJ: Okay. All right. Tom Martino: How do you know John, by the way, CJ? CJ: He’s a friend of mine. Tom Martino:…
Tom Martino: I mean that’s true. Now, I want to talk to Blake Harris, attorney at law with milehighestateplanning.com for a very simple question, Blake. I’ll bring up our consumer, Kevin. But let me sum it up. Kevin, you’re there. Your father-in-law passed away in June. You’re helping your wife, two life insurance policies, $2,000 each. I know that’s hard to believe Blake, but that’s what they have. So, the insurance companies owe them a…
The do-it-yourself movement has impacted all areas of our daily lives. You go onto the internet and see all sorts of information laid out in front of you. Much of this data is extensive and it does come from experts. In some areas, what you see on the internet is a great substitute for going out and paying an exorbitant amount of money for the same service that you can do yourself. After all, why…
Tom: That’s good news. They are taking it back, but they’re really exchanging it with a little bump in price. Maybe they can give her a break, I don’t know. But, we have yet to talk to them. 303-713-TALK. We have Blake Harris with us, MileMileEstatePlanning.com, and I wanted to ask him, at what age does somebody need a Will? Blake: We went through this question earlier today- Tom: Oh, you did. You already did,…
Tom: Now let’s talk about estate planning in these last few minutes. Now we still have time to get a call in, 303-713-TALK. We talked about the myth about taxing on gifts more than 14,000 okay? We talked about the myth of only the ultra rich needing asset protection. It’s mostly the people who have most to lose. $100,000 in net worth all the way up to a few million. You could have a devastating…
Tom: Hey, really quick, what is the biggest thing, Blake Harris Mile High Estate Planning, the number one… people in their twenties, should they get a will or wait? I mean honest to God, I bet most people in their twenties don’t have a will, even if they have kids. Would you say that’s correct or I’m crazy? Blake: Two thirds of people have not done anything to create their estates- Tom: Two thirds? Blake:…
While some real estate automatically receives protection from creditors, your investments in this area are at risk if they are not properly protected. Creditors or others who have filed lawsuits against you may be able to gain access to the investments that you have saved for years to make. However, if you take the appropriate steps, your real estate investments can be protected. Some of these may even be as simple as the proper…
Your investment accounts are understandably important to you. Chances are that you have worked an entire lifetime to amass this wealth, and you do not want anybody to come and take it away from you in a lawsuit or due to any other reasons. In order to keep this from happening, you will want to employ asset protection strategies so you can have some peace of mind for your investments. There are some steps that…