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Four Myths about Colorado Probate Dispelled

October 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…

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Four Helpful Tips for Executors & Personal Representatives Who Are Settling an Estate

September 15, 2015 Posted In Breach of Fiduciary Duty,Estate Planning,Probate, Estate, & Trust Administration

The process of settling an estate can be long, complicated and at times, contentious. While there can be a lot to do to settle an estate in the months following the death of a loved one. It is important to  keep the following tips in mind can help those in charge, namely executors and personal…

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Pros & Cons of Living Trusts: What You Should Know?

August 27, 2015 Posted In Trust Administration,Trusts

Living trusts can be powerful estate planning tools that can offer a lot of benefits to trustmakers (or grantors), as well as their beneficiaries. However, living trusts are not for everyone. There may be some drawbacks to developing them in some cases. Below, we will explore the pros and cons of living trusts more closely.…

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Four Costly Probate Mistakes to Avoid

August 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…

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What is the probate process in Colorado?

July 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…

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Joint Tenancy & Probate FAQs (Pt. 3)

May 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…

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Joint Tenancy & Probate FAQs (Pt. 1)

April 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…

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How to Create an Inventory of Assets for Colorado Probate: Eight Steps (Pt. 2)

April 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…

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What to Do after Someone Dies: 10 Steps to Take after a Death (Pt. 2)

February 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…

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Six Tips for Personal Representatives Administering Estates (Pt. 3)

January 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…

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Six Tips for Personal Representatives Administering Estates (Pt. 1)

December 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…

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Probate in Colorado: FAQs (Pt. 2)

December 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…

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