Category: Probate

When someone dies owning assets in their individual name, their family may need to go through probate before those assets can be transferred to heirs or beneficiaries. Probate is the court-supervised process for appointing someone to handle the estate, identifying assets and debts, paying valid expenses and creditor claims, and distributing what remains to the…

What is Probate in Colorado? Probate is the legal process for settling someone’s estate after they die. In Colorado, this usually means: Filing necessary paperwork with the probate court Appointing a personal representative (also called an executor) Paying outstanding debts, taxes, and other legal matters Distributing remaining assets to heirs or beneficiaries If there’s a…

When a person dies, their assets must be distributed. Titles must be transferred from the decedent to their devisees or heirs. All wills and intestate estates have to go through probate. The amount of involvement from the court, the challenges, and the expenses involved vary from estate to estate. An estate will be of concern…

Probate is the process of “proving” a will. After a person dies, the probate process ensures that an authentic will exists and is valid. The deceased’s assets are cataloged, and the rightful heirs to the property are determined. Probate fees can cost 5 to 10% of the value of an estate. You have worked hard…