Discussing Finances and Estate Planning with Aging Parents

Estate PlanningChristopher GordonAugust 19, 2020Estate planning, financial planning, power of attorney

The Future of Financial Planning for Millennials

Estate PlanningChristopher GordonAugust 12, 2020

The Difficulty Medicare Patients Face to Keep Home Health Care

Christopher GordonAugust 5, 2020Medicare, long term care, home health care

Long Term Care 101

Americans are facing an escalating long-term care (LTC) crisis in this article problems, policies, and proposals will be addressed. Industry driven, massively underpriced policies are playing fiscal catch up with hefty premium rate increases.

Estate PlanningRachel HornayJuly 31, 2020long term care

The Importance of a Living Will

What can a living will do for you? A living will lays out your preferences for life-sustaining medical treatment. It is often accompanied by a health-care proxy or power of attorney, which allows someone to make treatment decisions for you if you are incapacitated and the living will does not have specific instructions for the situation at hand.

Colorado WillRachel HornayJuly 24, 2020estate planning, living wills

How to Plan for Blended Families

It is common for couples to bring children into a marriage from a prior marriage or union and then have children together, this is referred to as a blended family. Blended families highlight the need for careful estate planning to make sure the needs of each spouse are met, as well as the needs of each parents' children

Estate PlanningRachel HornayJuly 17, 2020Estate planning, blended families

Understanding Alzheimer's Disease: Medicare, Medicaid, and Out of Pocket Cost

Health care and long-term care costs for individuals with Alzheimer's Disease and Related Dementias (ADRD) are staggering as dementia is one of society's costliest conditions.

Christopher GordonJuly 10, 2020Alzheimer’s, dementia, Medicare, Medicaid

The Power of a Personal Property Memorandum

A death in the family can lead to your loved ones arguing over mom or dad’s family heirlooms. Arguments can take place over things like a coffee mug, a piece of jewelry or a painting. These types of arguments can be eliminated by filling out a personal property memorandum and keeping it with your will or trust.

Medical Appointments Shift to Telehealth

Telehealth can connect patients to vital health care services through the use of videoconferencing over wireless devices and remote health tech monitoring.

Christopher GordonJune 26, 2020Telehealth, Medicare, health care

Trends for Elderly Living in 2020

Owners and operators of senior living facilities must become responsive and make changes that are swift and diverse. Health Dimensions Group (HDG ) has released its list for 2020 entitled "Top Trends in Aging Services: Preparing for Historic Changes."

Christopher GordonJune 19, 2020

Understand Estate Planning For You

It is a myth that estate planning is the domain of the very wealthy, however, in the eyes of the law, an estate is simply the aggregate of property an individual owns, and most everyone owns something.

Christopher GordonJune 12, 2020

Social Security Funding During COVID-19

Social Security program costs continue to exceed non-interest income

Christopher GordonJune 5, 2020

Estate Planning and Practical Advice as Your Child Heads to College

High school graduations are in the rear view window, and most families are easing into summer vacation routine. For those of you whose children are leaving the nest, there are some realities of their new legal status that parents should consider.

Christopher GordonJune 17, 2019

How to Leave Assets to a Loved One who Struggles with Addiction

In the United States, 21.5 million adults (aged 12 or older) battle with some kind of substance abuse disorder. The opioid epidemic is on the rise, and addiction affects many families nationwide. Decades of research show that addiction is a chronic illness, and many in recovery have one or more relapses (60% of patients relapse within one year of receiving treatment, according to the Journal of the American Medical Association). Relapse, rather than a failure, is a common part of recovery.

Estate Planning, Revocable Living Trust, Colorado WillChristopher GordonMarch 4, 2019

How Not to Lose Your Wealth for Future Generations

You may have heard this shocking statistic circulating lately -- 70% of families lose their wealth within two generations (and 90% lose it by the third!). It’s hard to really imagine how this could be so, but according to a survey done by Williams Group Wealth Consultancy, it’s true.

Estate PlanningChristopher GordonFebruary 25, 2019

Taking it to the Grave: How Creditors Can Impact Your Legacy

Very often, clients tell us that they wish they hadn’t waited so long to start the estate planning process. It can seem scary or overwhelming, and there are a lot of reasons people put it off. One of the most common is that people want to wait until they have achieved certain financial goals before meeting with an attorney. These goals may include buying a home or earning a certain amount of money, but one we hear the most is getting out of debt.

Estate PlanningChristopher GordonFebruary 18, 2019

What is the Difference Between Hiring an Attorney and Drafting Your Own Will Online?

The majority of individuals in the United States do not have a will or any other estate planning document in place. Often, this is because it can be difficult and painful to confront mortality, the process can be expensive, and people tend to put it off for a time in the future when it feels more urgent. In response to this phenomenon, there are many “simple” and “low-cost” solutions to estate planning available such as online legal form services, DIY books, and fill-in-the-blank forms. These companies try to sell their will-drafting methods as simpler, faster, and cheaper than working with an attorney. What does this mean in practical terms? You get what you pay for.

Estate Planning, Colorado WillChristopher GordonFebruary 9, 2019

Seven Reasons Why You Avoid Your Estate Planning

Whether we realize it or not, if we fail to plan, we're planning to fail.

In my years of practice, I’ve heard a lot of excuses as to why people avoid estate planning. Before you stop reading, let me address some of them straight on and try to convince you why avoiding your estate plan may not be the best choice for you and your family.

Christopher GordonFebruary 4, 2019

How Often Do You Need to Revisit Your Estate Plan?

We’ve mentioned this statistic before, but it bears repeating: 6 out of 10 adult Americans do not have any estate plan documents in place. Of course, we know that doesn’t mean that nothing will happen to their assets or their loved ones after they pass. Instead, a failure to plan simply means that your assets and loved ones will be treated in accordance with state law. Basically, the state is writing your will for you.

Christopher GordonJanuary 28, 2019

What to Do When a Spouse Suddenly Passes

In the first weeks following a spouse’s death, you will be faced with dozens of decisions - some minor and some with long-lasting impacts. It will be essential to remain organized and to move carefully through each decision to make sure that nothing gets left unaddressed. Keep a list and ask for help where you need it. Go slow as you move through this process. Set aside a period of time each day to deal with financial matters. Getting just one or two tasks accomplished a day can keep you from feeling overwhelmed.

Christopher GordonJanuary 21, 2019

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