Practical Precautions When Using Payable-on-Death Accounts20150402202557
Practical Precautions When Using Payable-on-Death Accounts
Payable-on-death accounts are commonly used assets that many people choose to include in their estate plans. Payable-on-death accounts include bank ac...
Common Questions About Inheritances and Taxes20141218223915
Common Questions About Inheritances and Taxes
It’s fairly common for people to have a lot of questions when they receive an inheritance. For example, do you know if you have to pay taxes on ...
When College Students Die Leaving Behind Debts20140703011425
When College Students Die Leaving Behind Debts
When it comes to college students, estate planning issues are not usually high on their list of priorities. Graduating, finding a job, and trying to p...
Understanding Asset Protection in Colorado20131211162840
Understanding Asset Protection in Colorado
Hammond Law GroupDecember 11, 2013Asset Protection, asset protection in colorado springs co, colorado estate planning, wealth management, wealth transfer3 comments
Even if you have heard about asset protection in Colorado, chances are you don’t know much about it. In Colorado, asset protection is a term that desc...
The Election’s Over … Now What Happens to My Money?20121107105332
The Election’s Over … Now What Happens to My Money?
Now that the election is over, investors are wondering what the future has in store for their portfolios. The reality is that while elections may have...
Protecting the Elderly From Financial Predators20120709075003
Protecting the Elderly From Financial Predators
Elderly people often feel lonely and isolated, especially after a spouse longtime passes. Though being alone can be very difficult, it can also make a...
Can You Name a Child as a Beneficiary to Your IRA?20110315071931
Can You Name a Child as a Beneficiary to Your IRA?
Retirement accounts play an important role in estate planning. One of the main benefits being that retirement accounts avoid probate, as they pass to...
Does a Reverse Mortgage Impact Your Estate Plan?20110311080620
Does a Reverse Mortgage Impact Your Estate Plan?
Hammond Law GroupMarch 11, 2011Elder Law, Estate Planning, Financial Planning, Senior Citizens0 comments
For many seniors the equity in their home is their largest single asset, yet it is unavailable to them unless they use a home-equity loan. But a conve...
Estate Planning and Life Insurance: Working Together20110224085001
Estate Planning and Life Insurance: Working Together
Whether you are single, have children, own a home, are sending a child to college or are retired — you buy insurance for peace of mind. It is a safety...
The Uniform Gift to Minors Act20110221080413
The Uniform Gift to Minors Act
Hammond Law GroupFebruary 21, 2011Estate Planning, Financial Planning, Parents with Children, trusts5 comments
The Uniform Gift Act to Minors allows a minor to own assets without establishing a special trust fund. In essence, a custodial account is established...