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August 19, 2015 Posted In Estate Planning,Powers of Attorney,Probate, Estate, & Trust Administration,Trusts,Wills
Estate planning and probate can be involved processes. For those who are just getting started with either of them, knowing some fundamental terms can be a good place to start, as it can begin to familiarize people with the key terms they will likely be hearing and needing to understand as they move forward. To…
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 moreJuly 20, 2015 Posted In Probate, Estate, & Trust Administration
This is the only guide you need to navigate Colorado probate Many estates must navigate the Colorado probate waters after a person’s death. This process can range from straightforward in uncontested cases to complex and demanding in situations involving disputed wills or estate administration issues. Below, our Denver probate attorney delves into the Colorado probate…
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 moreFebruary 15, 2015 Posted In Firm News,Probate, Estate, & Trust Administration,Trust Administration,Wills
Picking up from What to Do after Someone Dies: 10 Steps to Take after a Death (Pt. 1), we will identify the next steps people should take after the most immediate things, such as funeral arrangements, have been completed. What to Do after Someone Dies: The Next Steps to Take Are In the weeks following…
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 moreDecember 5, 2014 Posted In Trust Administration,Trusts
Wrapping up our three-part blog series, Your Trustee Duties: Here’s What You Need to Know, below, we will point out some additional administrative obligations that comprise trustee duties. Your Trustee Duties: More Administrative Obligations Are you ready for some professional help with your trustee duties? If so, contact the Denver trust and estate planning lawyer…
read moreNovember 25, 2014 Posted In Breach of Fiduciary Duty,Trust Administration,Trust Disputes,Trusts
Being a trustee is a big responsibility that comes with both ethical and administrative obligations. Although you do not have to have an attorney inform you of these obligations or help you comply with them. If you try to administer a trust on your own (especially when you may have some other significant obligations in…
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