Estate Planning Mistakes to Avoid: A Lawyer’s Perspective
When it comes to estate planning, you must realize it’s not a one-time task. It requires ongoing attention to reflect changes in your life and…
Read more
Colorado Trusts & Taxes Blog
You are here:
Understanding the Tax Implications of Cryptocurrency Investments
Cryptocurrency, once a niche interest, is now a significant part of the financial world, bringing it under the scrutiny of tax authorities. To ensure compliance…
4 Basic Types of Wills: What You Need to Know
Planning for the future, especially for what happens after we’re gone, isn’t easy, but it’s essential. Having the correct type of will can save your…
How to Avoid IRS Penalties with Smart Tax Planning for Small Businesses
For small businesses, effective tax planning is not just beneficial; it’s essential to avoid costly penalties. The IRS enforces tax laws, and even unintentional mistakes…
Do You Need a Lawyer for Uncontested Probate?
When a loved one passes away, settling their estate can feel overwhelming, even when everything seems to be in order. One of the most common…
Retirement Planning and Taxes: How to Save More for the Future
Retirement planning is more than stashing money in an account; it’s a legally and financially strategic game. As a tax attorney, G. Deffenbaugh has seen…
Understanding the Pros and Cons of How Your Business is Taxed
When starting a business, most entrepreneurs focus on choosing the proper legal structure, such as an LLC or corporation, through their state’s Secretary of State.…
Understanding Uncontested Probate: A Simple Guide for Grieving Families
Losing a loved one can be a huge emotional experience, and amidst the grief, families often find themselves faced with the legal process of settling…
Common Tax Deductions Small Business Owners Might Be Overlooking
Many small business owners miss out on valuable tax deductions that could reduce their taxable income. G. Deffenbaugh with Colorado Trusts & Taxes has provided…
Tax Strategies for High-Income Earners: Reduce the Sting of Higher Brackets
For individuals and businesses alike, taxes are an inevitable part of life. However, for high-income earners, the impact of federal and state taxes is significantly…
Why Every Adult Should Have a Will: Debunking Common Myths
In the realm of future planning, numerous individuals believe they are well-versed in the intricacies of wills and trusts. Sadly, the true picture is often…
How to Ensure a Smooth Uncontested Probate Process: Tips from an Expert
When it comes to the probate process, it can often be a daunting and overwhelming experience for those who have recently lost a loved one.…
Why Do I Need Probate?
The death of a loved one inevitably brings about a lot of emotions, but amidst the grief, practical matters like probate must also be attended…
What is a Tax Lawyer?
It may seem overwhelming when one decides to start navigating taxes for business income. Tax laws continually change, leaving many business owners feeling like they…
What Assets Are Exempt from Probate in Colorado?
Probate after the death of a loved one can be time-consuming and difficult to navigate for those who are not familiar with the process. Fortunately,…
What are the Major Elements in Estate Planning?
After you pass away, there are a lot of formalities and things to take care of to resolve the problem of what happens to your…
Do All Estates Have to Go Through Probate in Colorado?
When a family member, friend, or other loved one passes away, the process of dealing with the estate left behind can be difficult, emotional, and…
Understanding the Three Types of Probate in Colorado
Dealing with the death of a loved one is hard. Grief overtakes the days as family and friends prepare for funeral arrangements and managing one’s…