On behalf of Schroer & Williams Law Offices, PLLC | May 18, 2019 | Firm News, Probate
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...
On behalf of Schroer & Williams Law Offices, PLLC | Apr 26, 2019 | Firm News, Probate
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...
On behalf of Schroer & Williams Law Offices, PLLC | Apr 5, 2019 | Firm News, Probate
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...
On behalf of Schroer & Williams Law Offices, PLLC | Mar 7, 2019 | Firm News, Probate
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...
On behalf of Schroer & Williams Law Offices, PLLC | Feb 7, 2019 | Firm News, Probate
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...
On behalf of Schroer & Williams Law Offices, PLLC | Jan 10, 2019 | Firm News, Probate
In today’s economy, many people in Colorado carry some form of debt. For example, they may have a mortgage, an auto loan or a credit card account. When a person who has debts passes away, the question who is responsible for paying back these debts arises?The...
On behalf of Schroer & Williams Law Offices, PLLC | Nov 29, 2018 | Firm News, Probate
Many Coloradans may wish to avoid having their estate go through probate upon their death. After all, the probate process takes time and costs money, thus diminishing the value of their estate. However, there are certain ways property can be passed on to your loved...
On behalf of Schroer & Williams Law Offices, PLLC | Nov 1, 2018 | Firm News, Probate
When a person in Colorado dies, any assets that are not placed in a trust, do not have a designated beneficiary and are owned solely by the deceased must go through the probate process. When this happens, a personal representative will be assigned by the court. This...
On behalf of Schroer & Williams Law Offices, PLLC | Oct 11, 2018 | Firm News, Probate
If a person in Colorado dies without having a will or trust in place, this is known as dying “intestate.” When this happens, the Colorado Probate Code will dictate who will inherit the deceased’s assets. This is done through the probate process.Many...
On behalf of Schroer & Williams Law Offices, PLLC | Sep 27, 2018 | Firm News, Probate
When a person in Colorado dies without leaving behind a will or trust, this is known as dying intestate. What this means is that the deceased’s estate will go through the probate process. Because there is no document stating who the deceased wants to inherit...
