Protecting Clients, Their Families And Their Legacies
When someone dies, their belongings and finances usually go through a court process before anything is passed on. Knowing how long this takes in Colorado helps you prepare. What the basic timeline looks like Simple, uncontested Colorado estates typically wrap up in 6...
Probate proceedings often involve a personal representative following the deceased person's instructions or state intestate succession statutes. They repay debts, communicate with creditors and distribute property to beneficiaries. However, sometimes, estate...
Some people agree to serve as the personal representative of an estate when a loved one asks. Individuals planning their estates often turn to people whom they trust and respect to carry out their last wishes after they die. Other times, an individual may suddenly...
Probate is the legal process that happens after a person passes away. A court of law oversees the distribution of that person's assets after they die. While there is a place for probate in society and certainly a need for it in certain circumstances, many clients who...
The personal representative of a Colorado estate oversees the probate process. They have to secure and distribute assets that once belonged to the decedent. They may orchestrate an estate sale or pay off someone's credit card debts. There's a lot of work involved in...
Families usually expect a will to accurately describe a departed loved one’s legacy wishes. Those who are legal adults and who retain their testamentary capacity can leave instructions about their resources after their death. Unless their documents violate state law,...
When someone dies, family members will eventually need to sit down and look over their will or other estate planning documents. Oftentimes, people know exactly what to expect because older adults have communicated with their loved ones about what will happen with...
Many adults in Colorado choose to draft a will that designates specific beneficiaries for their various assets and that potentially names someone they trust to serve as a guardian for their children. After someone dies, their will determines who inherits from their...
Estate administration or probate proceedings can be a big challenge for those who take the responsibility of fulfilling someone's last wishes and settling their obligations to others. As the executor or personal representative of an estate, you will likely have to...
If you and your spouse pass away unexpectedly, or if you’re a single parent, you need to be sure that someone will be there to take care of your child. Estate planning is how people tend to address this. You can use your plan to choose a guardian to care for your...