Tag: legal
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Money & the Law: Know the rules when it comes to pay-on-death accounts
Although avoiding probate is probably overrated, there are several legal tools available to transfer wealth at death that don’t require much, if any, lawyer handholding and don’t require a probate proceeding. These are generally referred to as nonprobate transfers and included here are pay-on-death accounts. When you own a bank, savings, brokerage or mutual fund…
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Colorado Springs school board member threatens legal action against parent
Editor’s note: More comment by attorney David Illingworth was added after the original posting of this story online. An Academy District 20 school board member has threatened legal action against a parent for public statements that the board member believes are slanderous. Bernadette Guthrie, whose daughter attends school in District 20, recently received a cease-and-desist letter…