AV Preeminent Peer Rated Attorneys
Simla Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).
AV Preeminent Peer Rated Attorneys
Simla Residents, consider several factors when selecting a lawyer ... Learn More
AV Preeminent Peer Rated Attorneys
Simla Residents, consider several factors when selecting a lawyer including their experience, expertise, and reputation. AV Rated Attorneys represent a distinguished group of lawyers who have received top ratings from their peers for their exceptional ethical standards and an A grade (4.5 or higher).

Myka Landry

  • 15550 Highway 86, Kiowa, CO 80117

Stephen W. Monks

  • Limon, CO 80828

Stan M. Kimble, P.C.

  • 750 Main Street, Limon, CO 80828

Your legal solution starts here.

Get professional advice by contacting an attorney today.

ADVERTISEMENT

Robert J. Safranek

  • 202 East Ave., Limon, CO 80828

Ask a Lawyer

Additional Resources

Looking for Estate Planning Lawyers in Simla?

Estate planning attorneys help individuals prepare for the management and distribution of their assets after death or incapacitation. They create legal documents such as wills, trusts, powers of attorney, and healthcare directives. Their work ensures a client’s wishes are honored, minimizes potential taxes, and simplifies the process for their loved ones.

User Resources

Lawyer Resources

Commonly Asked Estate Planning Questions From Users Near You

This information is not legal advice and is not guaranteed to be correct, complete or up-to-date. It is provided for general informational purposes only. If you need legal advice you should consult a licensed attorney in your area.

Can a foreign citizen serve as an alternate trustee on a family trust? How?

default-avatar
Answered by attorney Brian Haggerty (Unclaimed Profile)
Estate Planning lawyer at Minor, Bandonis & Haggerty P.C.
It could probably be done (this answer relates to Oregon law). I don't recommend it. The trustee, by agreeing to serve as such, would be consenting to the jurisdiction of Oregon courts; would have to maintain bank accounts in Oregon; and would need an Oregon lawyer to represent him or her. The main problems would be tax problems not having a US person with a Social Security number would cause problems all along the line.
It could probably be done (this answer relates to Oregon law). I don't recommend it. The trustee, by agreeing to serve as such, would be consenting to the jurisdiction of Oregon courts; would have to maintain bank accounts in Oregon; and would need an Oregon lawyer to represent him or her. The main problems would be tax problems not having a US person with a Social Security number would cause problems all along the line.
Read More Read Less

Can someone give me some advice in regard to my Deceased Husband's Life Insurance?

default-avatar
Answered by attorney James G Maguire (Unclaimed Profile)
Estate Planning lawyer at James G. Maguire
Since your father-in-law is the beneficiary, he will have to make the claim for the insurance proceeds. The easiest way would probably be for him to receive the proceeds and then turn them over to you.
Since your father-in-law is the beneficiary, he will have to make the claim for the insurance proceeds. The easiest way would probably be for him to receive the proceeds and then turn them over to you.
Read More Read Less

Medical trusts? Is this an option?

Terry Lynn Garrett
Answered by attorney Terry Lynn Garrett
Estate Planning lawyer at The Garrett Law Firm, PLLC
It is not necessary to create a trust to pay someone's medical bills.  Grandmother can pay them directly while she is alive with no tax consequences to her.  If she likes, she can create a trust (either stand-alone or in her Will) which will pay the bills.  She should note that the income tax brackets for trusts and estates are compressed, meaning that it need earn less money than an individual to be taxed at a high income tax rate.  This is a good reason to have the trust be funded only when, due to fraility, disability or death, she is unable to make payments directly.
It is not necessary to create a trust to pay someone's medical bills.  Grandmother can pay them directly while she is alive with no tax consequences to her.  If she likes, she can create a trust (either stand-alone or in her Will) which will pay the bills.  She should note that the income tax brackets for trusts and estates are compressed, meaning that it need earn less money than an individual to be taxed at a high income tax rate.  This is a good reason to have the trust be funded only when, due to fraility, disability or death, she is unable to make payments directly.
Read More Read Less