Colorado Probate Blog - Wade Ash Woods Hill & Farley, P.C.

12 Days of Holiday Scams

12 scams you should be aware of this holiday season...

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68 Hits

“Just Say No!” Apps for Smartphone Addiction

It’s time to put the smartphone down. Did you know the average American checks their phone every 12 minutes? This means touching your phone roughly 2,617 times a day. For Millennials, who are in the top 10 percent of phone users, it’s 5,427 times a day. We are all so consumed with checking our Facebook or swiping to the left or to the right on Tinder, or constantly checking newsfeeds, that our phones control and flood every waking hour of our days. Recently, Apple and Google have designed a plan to incorporate a “digital wellness” app that can monitor and track the time you spend on your phone. In an experiment, Nick Fitz, a behavioral researcher at Duke University, tracked the usage of smartphones on over 200 people. Most of these people received 60 to 80 notifications on their phones daily. He eliminated the alerts they were receiving on their phones and their stress levels dropped and their concentration improved. However, he also saw an increase in their anxiety levels due to the fear of what they were missing out on. In order to relieve some of that anxiety, Fitz and a team of his researchers formulated a plan to batch and distribute the daily notifications into three groups – morning, day and night. In doing so, people with this app on their phones saw lower stress levels, higher levels of concentration and no increase in anxiety. Although we enjoy using technology and all that it has to offer, the next time you pick up your phone to check your notifications, consider how technology is using you.

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149 Hits

Let's Face(book) it.

Think before you "Like."  Hackers are waiting to steal your personal information...

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250 Hits

Grandparent Scam

Beth McCann, the Denver District Attorney, recently sent out this Consumer Advisory newsletter with information about the "Grandparent Scam".  Click here to read the newsletter. 

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669 Hits

Facebook's Legacy Contact

Facebook now lets users designate a person who can have access to their account after their death, as part of the security settings. In the past, Facebook and other on-line services have resisted permitting one's agent under a financial power of attorney or a personal representative of one's estate from accessing accounts. Partly, this is because federal law prohibits anyone other than the "user" from accessing an account. The Uniform Fiduciary Access to Digital Assets Act authorizes fiduciaries under state law to access accounts, but there is still a conflict with federal law. This Uniform Act may be introduced in the Colorado legislature this session. Stay tuned!

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1883 Hits

Social Media Provisions in Marital Agreements

A new trend in marital agreements involves the use of social media during the marriage. Couples are considering the inclusion of a provision which describes acceptable use of Facebook, Twitter, Instagram, and other on-line social websites, and penalties for unauthorized use. For example, a couple might state that neither will post any pictures which include nudity or could be detrimental to a professional career. Ann-Margaret Carrozza, a New York state attorney, says it is only recently she has seen these kinds of clauses, but reports 1/3 of her clients now want to include such a provision. A violation of such a clause often comes with a monetary penalty for the offending spouse. Although we here at Wade Ash have yet to hear such a request, we feel certain it's coming soon. For more on this trend, see Social Media.

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1363 Hits