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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…
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…
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 25, 2014 Posted In Estate Planning,Estate Taxes,Trust Administration,Trusts
Concluding our blog series Setting up a Living Trust: 6 Facts to Know, below we will point out some final important facts to be aware of if you are considering setting up a living trust. Setting Up a Living Trust: Some Final Facts to Consider… Fact 5 – While there are a number of advantages…
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…
read moreSeptember 15, 2014 Posted In Creditors and Probate,Probate, Estate, & Trust Administration
While probate is generally known to be a time-consuming and complicated process, one of the particularly challenging aspects of this process can be dealing with creditors in probate when an estate may have various debts to resolve. This is because there is a specific process that has to be followed for handling creditors in probate,…
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