303-776-9900Submitted by Cameron A. Grant Recently the Denver Post reported that Boulder County could be liable for $1 billion in petro “takings” if local governments adopt and enforce bans on the drilling practice called fracking. On June 24th, voters in the City of Loveland rejected a measure that would have extended a moratorium on drilling […]
News and Insights
After more than 10 years of tax chaos, the American Tax Relief Act (ATRA) of 2012 ended the uncertainty that swirled around estate and gift taxes. ATRA made permanent the $5,000,000 estate tax exclusion, generation skipping tax exemption and gift tax exclusion with all indexed for inflation ($5,340,000 in 2014). While this change should be […]
On May 2, 2014, Governor Hickenlooper signed HB 14-1193 into law. This legislation was passed in response to recent court decisions holding that “reasonable” fees could be charged for research and retrieval time spent in response to an open records request. While the courts stated that such fees are permissible, they did not define the […]
After the famous case in Boulder District Court, McLean v DK Trust, Colorado‘s legislature revised the statute on adverse possession. (C.R.S. § 38-41-101). In addition to making it a little more difficult to prove all of the elements of adverse possession for the party claiming ownership against the record owner, the revised statue allowed for […]
Submitted by Matthew Machado The EPA has proposed a rule that will expand the need for federal permits under the federal Clean Water Act (CWA) for discharges or other impacts to waters of the U.S. The activities requiring such permits include discharges of “dredged or fill material” (Section 404 Permits) and permits for point source […]
According to statistics compiled by the Center for Disease Control, the number one cause of death due to unintentional injury is motor vehicle accidents. Likewise, motor vehicle accidents are the fourth leading for emergency room visits resulting from unintentional accidents. Across the United States, 1 in 7 drivers are uninsured. Colorado falls in line with […]
Submitted by John Wade Gaddis Varying commodity prices, uncertain water supplies, and unseasonable weather make it imperative for a family farm to stay on top of its business. How? Here are ten items to consider: Hold Regular Meetings. Meet regularly with your lender. Meet regularly with your ditch boss. Meet regularly with the owners of […]
Four Reasons that a Survey is Important When Buying a Business with Valuable Real Estate This is the first of a two-part article addressing the real estate component of a business purchase. Almost invariably, my clients looking to purchase a new business focus on gross revenues, strategies for decreasing costs, expanding customer base, manufacturing processes […]
The firm is excited about our new branch office in Louisville. Scheduled for opening in mid-April, we are remodeling the space to include a conference room and offices for four attorneys. Located at 363 Centennial Parkway, Suite 110 (immediately west of Lowes, on the north side of the Highway 36 and McCaslin Boulevard interchange), our […]
The Colorado Common Interest Ownership Act (“CCIOA”), C.R.S. § 38-33.3-101, et seq, was amended in 2013. Two statutory amendments were made by HB 1276 and HB 1277. HB 1276 has been referred to as the “HOA Debt Collection Bill”. The legislature has continued to define and control collection procedures of HOAs to address what the […]
Is your will up to date? Do you have powers of attorney delegating financial and medical authority to a trusted family member or advisor? Do you have a living will? If not, spending some time updating your will and other estate planning documents would be a good holiday gift to your family, or a New […]
Submitted by Chad A Kupper A limited liability company is flexible, and offers distinct advantages over a sole proprietorship, namely, the ability to reduce the personal liability of its members. But, did you know that an LLC also offer pass-through taxation in certain circumstances? If there is only one member in the company, the LLC […]
