When a loved one has passed away without leaving behind a will (or a valid will) and the decedent’s estate was valued over a certain amount, formal probate will generally need to be opened to settle the estate. Although there can be a lot to do in probate, below, we will point out the fundamental…
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…
Many estates have to pass through Colorado probate after a person dies. While probate can proceed informally for uncontested estates, formal probate, which is known for being complicated, lengthy and expensive, can be necessary when: A will is invalid, is ambiguous or is being contested. There are issues (apparent or actual) regarding the administration of…
