Mile High Estate Planning

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Mile High Estate Planning

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Blake Harris

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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…
It is quite fitting that the word “trust” features prominently in the word trustee. This is because when you same someone as a trustee, you are literally placing your unlimited trust in them because you will be feeling the effects of their actions that you cannot always control. In other words, they control assets that belong to you in some way, but over which you have given them the power to make decisions.…
Everybody with assets and possible legal liabilities can benefit from some form of asset protection. Of course, that leaves you wondering when is the best stage of your life to institute an asset protection. Like any question you pose to an attorney, this answer is the same response as you would get to most questions. Similar to nearly every other legal issues, the answer is that it depends. To elaborate, your situation in life…
When you think about an estate planning firm, your first thought is generally that these exist for older people who are trying to get their houses in order before they depart. That idea is only partially right. Sure, everyone will benefit from what an estate planning firm can do for you no matter how old you are. It is never too late to start the process of estate planning, and about the only time…