Advantages of having an Estate Attorney

An estate planning lawyer can help you navigate the intricacies of the law in regard to protecting your possessions, providing for your family and helping your family make difficult decisions on your behalf while you are alive and after you pass away. The attorneys at Brown & Crona, LLC have over 50 years of combined

Does Colorado Use the Uniform Probate Code?

In 1973, Colorado approved and enacted the Uniform Probate Code (UPC) to simplify and streamline the probate process and move toward standardizing laws surrounding wills, trusts and intestate cases (people who pass away without a will or trust). Colorado is just one of 19 states that has adopted the UPC. The UPC includes information surrounding

What is the Difference Between an Estate and a Trust?

Your estate comprises everything you own. It is your net worth, which includes: Homes/cars/boats/land Personal property (jewelry, tools, furniture, etc.) Bank accounts Businesses Retirement accounts Life insurance policies Debts (credit cards, mortgages, student loans, etc.) Whether you have an enormous estate with millions of dollars in assets or a simple estate, someone will inherit what

How Do I Get a Conservatorship in Colorado?

A conservatorship is a court-appointed person who is chosen to manage the finances of an adult who has become incapable of doing it for themselves. This may be needed if a person suffers from mental illness or dementia, becomes seriously injured or incapacitated, etc., and cannot make sound legal, medical or financial decisions on their

Law Lingo: Litigator

Welcome to Law Lingo: a monthly blog series brought to you by Brown & Crona, LLC that explains estate planning terminologies in simple terms. This month we will explain a litigator. A litigator handles the entire process of suing or defending a person, group or company in civil disputes. The litigation process may or may

When Should You Do Estate Planning?

If you are the breadwinner of your family and have amassed a large fortune over your lifetime, it is a no-brainer that you need an estate plan. However, there is no absolute age threshold or financial minimum that must be met before you can start making plans to protect your future. There are many reasons

Law Lingo: Personal Property Memorandum

Welcome to Law Lingo: a monthly blog series brought to you by Brown & Crona, LLC that explains estate planning terminologies in simple terms. This month we will explain a personal property memorandum. A personal property memorandum is an addendum to your will that allows you to list out specific personal property items that you

What is the Difference Between Probate and Estate Administration?

The end of a person’s life is also the start of the legal process to ensure that the decedent’s estate (personal possessions, financial accounts, etc.) does not go unclaimed. Probate and estate administration are different aspects of this legal process. Probate: the court process to ensure that an estate is properly settled and all property

What is a Disposition of Last Remains?

Death is not a pleasant thing to think about. Unfortunately, it is inevitable for all of us. The more prepared and organized you can be about what you want to happen to you after you pass away, the less your family will have to make difficult decisions on your behalf. A disposition of last remains

What is the Purpose of Probate?

Over a lifetime, most people accumulate material possessions and have financial assets that they work hard to accumulate/achieve. While we are alive, these things are very important to us. We may work hard to support other people financially; and when it comes to sentimental possessions, we often want to ensure those items are passed down