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August 28, 2016 Posted In Asset Protection,Creditors and Probate,Probate, Estate, & Trust Administration,Trust & Will Contests,Wills
Six Hidden Costs of Administering a Will When it is time to settle an estate and administer a will, there may be some obvious costs like court filing fees and estate taxes that will need to be covered as you proceed. Those may not be the only costs, as there are common other, less obvious…
read moreOctober 25, 2015 Posted In Creditors and Probate,Firm News,Probate, Estate, & Trust Administration
Don’t believe these myths about Colorado probate, a Denver probate attorney explains. Get the facts so you know how to preserve your interests in probate. Probate in Colorado can be an involved process that, even for more modest estates, can take six months or longer to resolve. While many people are aware that probate can…
read moreAugust 10, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
Although probate can be a lengthy, involved process, making mistakes during it can end up complicating it further, potentially increasing both the duration and costs of the process. For personal representatives, it can also mean that they are held personally liable for their mistakes, as they could be sued, depending on the nature of the…
read moreMay 5, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
Here’s the conclusion to our blog series Joint Tenancy & Probate FAQs. Joint Tenancy & Probate: More Important Info Below Q – What are the advantages of joint tenancy in probate? Here is a look at the pros and cons of joint tenancy and probate in Colorado. Contact our Denver probate attorney for the best…
read moreApril 25, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
Joint tenancy can provide people with a way of transferring real or personal property to surviving loved ones after passing way, effectively preventing this property from having to be probated. Although joint tenancy may not fully eclipse the need for a decedent’s estate to go through probate, it can help get some significant assets to…
read moreApril 15, 2015 Posted In Asset Protection,Creditors and Probate,Probate, Estate, & Trust Administration
Resuming How to Create an Inventory of Assets for Colorado Probate: Eight Steps (Pt. 1), we will point out the next steps to take as you continue compiling a comprehensive inventory of a decedent’s estate. The Next Steps to Take in Creating an Inventory of Assets for Colorado Probate 3 – Detail all personal property…
read moreJanuary 5, 2015 Posted In Creditors and Probate,Probate, Estate, & Trust Administration,Trust Administration
Ending our three-part blog series Six Tips for Personal Representatives Administering Estates, we will point out some final helpful tips for the people in charge of administering the estates of decedents. Additional Tips for Personal Representatives Administering Estates Tip 5 – Don’t forget about creditors and estate taxes. Of all of our tips for personal…
read moreDecember 26, 2014 Posted In Creditors and Probate,Probate, Estate, & Trust Administration,Trust Administration
When a loved one passes away, you may be put in the position of being a personal representative for that loved one’s estate. Also referred to as executors, personal representatives have a lot of responsibility when it comes to the administration of an estate, and understanding these responsibilities and obligations is crucial to: Properly and…
read moreDecember 15, 2014 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
Picking up from where Probate in Colorado: FAQs (Pt. 1) left off, we will continue to respond to some commonly asked questions about probate in Colorado. Q – What should I expect in terms of the probate process? The process associated with probate in Colorado can be more or less complicated, depending on whether formal…
read moreNovember 5, 2014 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
Resuming The 3 Types of Probate in Colorado: An Overview (Pt. 1), below we will continue our discussion regarding the different types of probate in Colorado, with a specific focus on formal probate and some info you should know regarding all types of probate in Colorado. Formal Probate in Colorado To minimize the possible complications…
read moreOctober 15, 2014 Posted In Creditors and Probate,Estate Planning,Probate, Estate, & Trust Administration,Trust Administration,Trusts
When it comes time to plan for your family’s future, setting up a living trust can be an effective way to manage your assets while detailing the terms of how these assets will provide for your family after you pass away. In fact, living trusts can open up a large number of options for people…
read moreSeptember 25, 2014 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
Wrapping up our blog series Dealing with Creditors in Probate: FAQs, below we will answer some final questions regarding creditors and probate. Additional Answers to Questions about Handling Creditors in Probate Q – When can a creditor’s claim against an estate be extinguished or shutdown? Not all creditors in probate will have valid claims. Knowing…
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