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Fort Collins Law Blog

If you’ve ever wondered why you need an estate plan, read this

Many people think that only the very rich need estate planning. In reality, even if you only own a modest home in Fort Collins or if you do not think you have enough assets to make it worthwhile, you should still put an estate plan in place. Not only will an estate plan give you peace of mind in case the worst happens, having one will alleviate the burden and stress to your family caused by your death.

There are various other reasons why you should consider starting your estate plan sooner rather than later. Here is a start on why you need an estate plan.

Spinal cord injuries are sometimes difficult to spot

A car crash can lead to very serious injuries. One of these is the spinal cord injury, which can be life-impacting in ways that you might not realize. There are many things that you need to realize about spinal cord injuries if there are any signs that you might be suffering from one.

There are some cases in which injuries might not seem like a spinal cord injury when they are. This is because some spinal cord injuries are incomplete. These injuries can have some function and sensation below the level of the injury, which is what might lead to you thinking that all is well.

Never make decisions about your business lightly

Making plans for your business is something that might keep you up at night. Whether your company is a new one or one that has been in business for a while, you need to make sure that you are staying to true to the company's roots and doing what you can to keep it moving forward. We are here to help you when you need a hand.

One thing that you need to be sure you do is to review any legal agreements. These can include investment documents, employment contracts, vendor agreements and similar documents. You shouldn't ever sign any of these unless you know for certain how the terms will impact your company. Make sure that you review your company's responsibilities, as well as the other party's responsibilities. You also need to review what happens if responsibilities aren't met.

Don't forget to make a business action plan

There are many steps that you need to take if you are planning on opening a business. One of the steps that people sometimes overlook is creating a business action plan. This plan outlines some of the specifics of starting your business and helping it and yourself stay afloat while you are building it up.

The business action plan isn't something that is made public. It is an internal document that you can use as a guide. There are a few different points that you need to consider when you are developing this plan.

Underinsured motorists can lead to financial ruin

Motorists on the road are required to have insurance that meets or exceeds the state's requirements for this coverage. Sadly, many motorists opt to drive without having adequate insurance coverage. Some of these individuals think that they are doing their finances a favor by saving a little bit of money on premiums. However, they are risking financial ruin.

Many people don't take the time to think about just want the minimum insurance coverage really covers. In Colorado, the minimum coverage allowed is 25/50/15. This means that you have to have personal injury protection of $25,000 per person with at least a $50,000 per accident cap. You also need to have $15,000 in property damage coverage.

Commercial real estate transactions require scrutinization

Commercial real estate transactions are necessary for many companies to grow. These transactions can include leases and purchases. No matter what kind of real estate transaction your company is considering, you need to make sure that it is in the business' best interests. We can help you to go over these transactions to see if there are any provisions that might harm your business' future.

When you are dealing with real estate, it is easy to get caught up in the excitement of the transaction. You might be elated to have finally found a location to open or expand the company. You may be ready to get everything finalized so you can move forward and focus on the rest of your business matters.

A 2-car crash injures a pregnant Fort Collins woman

A two-car crash close to where Prospect Road and Sheilds Street intersect resulted in one motorist being admitted to the hospital and several others being treated for minor injuries the evening of Wednesday, Oct. 25.

Fort Collins police first began receving calls from witnesses to the crash at around 7:15 p.m. Once on the scene, statements were taken from both motorists, one of which is a senior at Colorado State University. That driver, who'd been driving a Honda Pilot at the time of the crash, said that she'd been waiting to make a left turn on yellow when another motorist, driving a Pontiac Grand Prix, sped up and ran the light, colliding into her.

Know what to do after you are involved in a motor vehicle crash

You might feel shaken and unsure after a car crash. If you suffered from an injury in the crash, your focus is likely going to be on getting the medical care you need. These are understandable, but it is imperative that you take the time to evaluate the situation and come up with a plan for what you are going to do. Here are some of the points that you need to consider.

First, make sure that you don't leave the scene. Contact the police department and have an officer come out to make a report. If you or anyone else is injured, have the dispatcher send out the paramedics so that they can evaluate people and get those who need medical care to the hospital.

Business litigation has a considerable impact on your business

Nothing is ever certain in business. Your days can be long and boring for a while and then all of a sudden something happens and you are in the midst of a legal battle. If you are facing business litigation of any sort, your entire livelihood might be on the line.

We understand the importance and urgency of getting these matters attended to quickly. Even if there is a chance that the case won't be resolved in your favor, working quickly can help you determine how you are going to brace your company for what might come. We can help you look into the possibilities.

City's oil and gas regulations lead to lawsuit by 2 trade groups

The city of Thornton in Colorado is facing a lawsuit spearheaded by two trade groups for the oil and gas industry. The issue at hand is that the town's new rules are being called illegal by the two groups.

The accusation is that the city is overstepping its bounds and overtaking the state's authority. At the heart of the matter is who truly holds the control over aspects of gas and oil operations.

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