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Probate seems like a straightforward process, but the costs associated with it can surprise you. While many people think of probate as just paperwork and legal formalities, it involves much more. Hidden expenses can add up quickly, so understanding them is important...
When a loved one dies, probate can bring extra stress during an already challenging time. Many families face roadblocks during this process. Let's look at the most frequent issues and how to deal with them. What is probate and why does it matter? Probate lets the...
If assets remain in your Colorado estate after you pass away, they could be subject to probate. This is a public process by which a judge must verify your will or otherwise determine who has the right to inherit your estate. There are many benefits to creating an...
When you lose a loved one, you want to carry out their final wishes and lay their memory to rest as soon as possible. Unfortunately, any challenges to the will can lengthen this already difficult process. Colorado is seeing a dramatic increase in the probate filings...
Creating a will requires careful consideration of your assets, your loved ones and your anticipation of the future. Contemplating your own death is not easy, but necessary if you are going to be a forward-thinker. Oftentimes, the well-being of your loved ones depends...
Some people in Colorado may intend to execute a will someday, but simply never get around to it. Other people may put off executing an estate plan because they don't want to think about their own death. Whatever the reason, people in Colorado sometimes die without...
The term probate may be confusing to some in Colorado, while others may have a very negative opinion of it. Probate is simply the process through which the deceased's assets are gathered, creditors are paid and then what remains is passed on per the terms of the...
In both informal and formal probate proceedings in Colorado, if a person does not designate a personal representative in their will, the court will assign someone to this role. Personal representatives have many duties regarding the winding up of the decedent's...
Many people in Colorado may have heard of the term "probate" and they may envision it to be a long, complicated process. However, there are actually three types of estate administration processes here: those involving small estates, those involving uncontested...
People in Colorado may have heard of the term "probate" and may not have a very favorable impression of it. Some people choose to take measures to avoid probate through estate planning, in order to save their loved ones' time and preserve their estate. However, with...